Re: Question for Why Chat
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Posted by Why Chat (209.240.198.61) on September 13, 2003 at 13:46:05:
In Reply to: Question for Why Chat posted by down and out on September 13, 2003 at 13:22:31:
If you are sued and they get a judgment against you, it is possible,but highly unlikely, the funds in your joint account may be attached IF they know about it. In a disclosure you are only required to list your own individual assets,however,if you ever paid Discover with a check from that account, they MIGHT have a record of it, or if your name is first on the account it could certainly be attached unless you filed an exemption with the Court ($1,000. for personal household expenses). As to the van, Mont gives you a $2,500 exemption. So the only way the van could be attached would be if it were worth at LEAST $10,000. (free and clear) that is wholesale value, not retail.
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