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tbajmh
Mar 20, 2007, 09:19 AM
I am being sued by a credit card companyand I plan to let then have a judgment by default. I am to appear in 10 days to answer, but do not plan to do so.

When my husband died, I was willed his interest in property owned by his family.
I transferred ownership of my ineterest in the family owned property to my children through legal means. This transfer took place in July2005 Shortly after that, I realized I could no longer pay my credit card debt.

Can a judgment affect this transaction?
I have no other assets that they can seize. My only income is from Social Security.

mr.yet
Mar 20, 2007, 10:33 AM
Read this post:

https://www.askmehelpdesk.com/bankruptcy-debt/social-security-benifits-exempt-levy-garnishment-59091.html

Notify the court that you only have ssi as income it is exempt. Since you transfer interest in the property over a year ago it should be safe.