I was sued for personal injury resulting from an auto accident . The damages exceeded my then 15k bodily limit policy and plaintiff won at trial for 56k . The judgment was in Nevada , I reside in California . The plaintiff refused to negotiate with me even though I have no house , or equity in my automobile . In self employed so wage garnishment is not an issue . However I did have liquid assets in various funds . Before trial began , I transferred all my holdings to a Delaware bank that only conducts business in Delaware . Am I safe from bank levy ? Would my funds be safer in a foreign account , though wouldn't there be more complex tax issues ? If I can avoid payment for a while ( say a couple years ) will the plaintiff / lawyer give up or make a reasonable offer to settle that makes sense ?