Dinero y deudas

Sometimes. Even if you are collection-proof, you still need to go to court if you receive a citation to discover assets An order from the court. Pide a la persona que comparezca ante la corte y sea interrogada bajo juramento. The court asks how much money they have and property they own. or a judge's order requiring you to appear in court. If you haven't received a citation to discover assets or other court order requiring your appearance, A form that lets the plaintiff and the court know the defendant is participating in the case. It can also be when a person shows up to their court hearing. ignoring the lawsuit will likely result in a judgment An official decision by a court that ends the dispute between parties being entered against you, but you can still decide not to respond.

If you're sued, you can send a Debt collector letter to let the creditor Someone who is owed money know you're collection-proof. Some creditors may drop the case if they learn you have no income or assets Anything a person owns that has financial value they can take. Sin embargo, ser insolvente no es una defensa legal que pueda detener una demanda. Simplemente significa que sus ingresos y bienes protegidos no pueden ser tomados, incluso si el acreedor gana y obtiene un fallo. 

Yes. Collection-proof status is based on your current income and assets. Anything a person owns that has financial value If your financial situation improves, creditors may be able to try collecting the debt again.

Los fondos de las cuentas de jubilación, incluidas las IRA, las cuentas Roth IRA, 401(k) y 403(b), generalmente están protegidos contra el cobro en caso de deudas por muerte por negligencia u otros juicios de responsabilidad. Exceptions include judgment An official decision by a court that ends the dispute between parties debt resulting from fraud The deception of someone(s) with intent to cause damage (not including  forgeries and counterfeiting). or criminal activity. Los fondos retirados para gastos esenciales no deben mezclarse con ningún otro dinero para seguir protegidos.

Los pagos del Seguro Social generalmente están protegidos contra la cobranza de deuda del consumidor. However, the government can reduce Social Security payments to $750 monthly when benefits are garnished for federal debts or child support. Money paid by a parent to help another parent support a minor child or an adult child with a disability To avoid complications, keep Social Security funds in a separate account.

The wildcard exemption allows you to protect $4,000 in funds or assets. Anything a person owns that has financial value This can be applied across several different items as long as the total protected under the exemption is no more than $4,000. Puede hacer valer la excepción de comodín en cada demanda de deuda en la que desee usarla, informándole al juez a qué propiedad desea aplicarla.