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    Dam It's Avatar
    Dam It Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jun 14, 2012, 12:15 AM
    Running out of time
    Recently I have been contacted by a credit collection company in regards to a debt that I have been trying to pay and at least show intent that I wish to pay this debt. Now there are seeking judgment to garnish my accounts. I am self employed and really don't collect much for a wage. My name is on my and my wife's personal account I am planning on removing my name from the personal accounts so that my wife's pay is left so that we can scrap by while they garnish my biz account. Would I be doing anything wrong it is possible that either way this would completely ruin us. Should I speak to a lawyer. As of today I have been given till the June 20th its June 14th now they are set to go to court for the 28th Help please
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Jun 14, 2012, 03:41 AM
    Not much you can do here. If they obtain a judgment, then they can attach your assets. Getting assets out of your name is legal, though ethically questionable.
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