Ask Experts Questions for FREE Help !
Ask
    mrm1950's Avatar
    mrm1950 Posts: 1, Reputation: 1
    New Member
     
    #1

    Oct 22, 2008, 12:29 PM
    Seizing personal assets
    I live in Pa and have just been served a notice that I am being sued by a collection co for a credit card charge off. I own no real estate. If I lose, can the court seize my personal items, TV furniture etc and sell them and sell them at a sheriff sale? I have no job either thank you
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #2

    Oct 22, 2008, 12:30 PM

    They could but its highly unlikely they will. The value of those items is too small to bother with.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Business bank accounts/assets vs. Personal judgment [ 6 Answers ]

Hi, first time here... I have an LLC in Florida, can my business bank account be frozen or seized and can they take my equipment and business assets? I also have a sole proprietorship but this business doesn't have much going for it at the moment - is it at risk? I have a large judgment I am...

Is patents ( Intangible assets) added in total assets on balance sheet [ 2 Answers ]

Is the patents (Intangible assest)amount added to the current assets amount on a balance sheet. Help Thanks

Freezing & Seizing Assets [ 4 Answers ]

I have a court judgment in the amount of approx. $40,000 plus interest against a man now living in Las Vegas, NV. The judgment occurred in South Dakota, and has been filed with legal authorities in both states. He has made no effort to pay this judgment, even though he frquently plays in poker...

Screenplay - Seizing property [ 2 Answers ]

I need some guidance on this for my screenplay. Thanks for reading and if anyone can help, great. Here's the situation: My character, a police detective, believes that an antiques dealer is trafficking in stolen property. He is able to confirm that this is in fact the case. There are some...


View more questions Search