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    rayr's Avatar
    rayr Posts: 11, Reputation: 0
    New Member
     
    #1

    Sep 18, 2009, 12:53 PM
    Wife had judgement granted against her, impacts on Spouse?
    My wife has just had a personal judgement against her for a credit card. We are not legally separated (trying to work things out). The judgement is solely against my wife, not me.

    Questions:

    1 - I have a checking account with no one else's name on it, Is it in jeopardy?

    2- What about my wages?

    3- My wife and I had a small home business with a business checking that has a small amt of money. The business account has the business name and my wife's name on it. The business is a S corp. Is that business account at all protected from personal judgement?

    Thanks so much in advance.
    stevetcg's Avatar
    stevetcg Posts: 3,693, Reputation: 353
    Ultra Member
     
    #2

    Sep 18, 2009, 12:57 PM

    1) no - its her judgment, its her responsibility. An account without her name is safe.

    2) see 1.

    3) sorry - I don't know business law. I suspect it is free from risk however.

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