Legal Question in Credit and Debt Law in Arizona

Can my wife protect her assets against collection attempts for recent judgment ordering me to pay $25,000 to my ex-spouse? My wife of 13 yrs recently inherited money, and wants to buy a house, but we do not want her inheritance or the house to end up in the hands of my ex-spouse. Because the judgment was obtained through dishonesty and legal tactics, I am appealing and will resist paying it as much as possible. If my wife buys a house as her sole and separate property, and if I remove my name from the titles of our cars (which are paid off), will that protect these assets against judgment collection? Does holding assets in a trust protect them? I work as an IT contractor. Would forming a corporation for receiving wages help me avoid the possibility of a wage garnishment, should my ex eventually figure out where I work?


Asked on 8/21/11, 11:01 pm

1 Answer from Attorneys
Scott Hyder Law Office of Scott W. Hyder, PLC

There are a number of ways to protect your assets. You can convert them from non-protected to protected status, but you need to do it very carefully. Feel free to call me

http://scotthyderlaw.com/

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Answered on 8/22/11, 10:49 am


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