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    tbajmh's Avatar
    tbajmh Posts: 1, Reputation: 1
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    #1

    Mar 20, 2007, 09:19 AM
    Credit card debt judgment
    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's Avatar
    mr.yet Posts: 1,725, Reputation: 176
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    #2

    Mar 20, 2007, 10:33 AM
    Read this post:

    https://www.askmehelpdesk.com/bankru...ent-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.
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