Collection of assets

[Loribt]

Jurisdiction

Michigan

I have a judgement against me as a result of a real estate issue. I can't pay the judgement. I have nothing in my name. My father is letting me drive his vehicle. I traded a lawn tractor for 6 months rent for an apartment that a friend owns. I plan on filing bankruptcy because I have had to sell just about everything to get by. Anything of any value I have left is not in my name and never has been. Can the party that sued me come and take any of my assets if nothing is in my name? I just started a job two days ago and will use my first check to file bankruptcy. Could they still have my wages garnished even though I file bankruptcy? Would they already know I have a job if my employer hasn't even processed any pay for me yet.

 

[mightymoose]

Beware that deliberately concealing your assets, if you are, could get you in trouble.
Yes, wages likely can be garnished. Planning to file bankruptcy does not protect you- you have quite a ways to go in that process.

 

[army judge]

I have a judgement against me as a result of a real estate issue. I can't pay the judgement. I have nothing in my name. My father is letting me drive his vehicle. I traded a lawn tractor for 6 months rent for an apartment that a friend owns. I plan on filing bankruptcy because I have had to sell just about everything to get by. Anything of any value I have left is not in my name and never has been. Can the party that sued me come and take any of my assets if nothing is in my name? I just started a job two days ago and will use my first check to file bankruptcy. Could they still have my wages garnished even though I file bankruptcy? Would they already know I have a job if my employer hasn't even processed any pay for me yet.

See a bankruptcy lawyer ASAP.
The moment your lawyer files the BK, all collections activity must cease.
Your lawyer will explain the details to you.

 

[adjusterjack]

Can the party that sued me come and take any of my assets if nothing is in my name?

Not without first getting a court order.

I just started a job two days ago and will use my first check to file bankruptcy. Could they still have my wages garnished even though I file bankruptcy?

Once you file your BK papers with the court and the creditor is notified of the BK, all collection efforts are stayed.

Would they already know I have a job if my employer hasn't even processed any pay for me yet.

Probably not. It could be months before they figure it out.