I have nothing of value, except my car. Can I sign the title over to my husband? This judgment does not involve him, not do we have any joint accounts/property. Thank you.
Construction / Development Lawyer
Transferring your car to another person to avoid paying a debt would be a fraudulent transfer. This would only slow down but not stop a creditor's efforts to execute a judgment, and may subject you to additional expenses and possible penalties.
There may be state exemptions that will protect your car from execution on the debt. You should consult with an attorney familiar with MD state debtor/creditor law to assess your responses to the interrogatories as well as the exposure you face relative to collection efforts such as garnishment of bank accounts and/or wages, sheriff's sale of personal property, liens against other property, etc.
This communication may be considered an Attorney Advertisement under the Minnesota Rules of Professional Responsibility. Rogers Law Office is a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code within the meaning of Title 11, United States Code Section 528.