Legal Question in Credit and Debt Law in Florida

Re: Florida debts

ask your lawyer

Re: Florida debts

It depends on the circumstances of the case. Is she a cosigner on anything, what type of debt, etc.

Re: Florida debts

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If you are the only party to the debt (your wife is not a cosigner) then you should not have to give them any information about her assets. Certainly, your adult children are not a party unless they took affirmative steps to become involved and their information is not required.

Further, you are only required to answer what you personally know about. At a deposition you should advise when you do not know an answer and that should resolve that issue.

Please bear in mind that any joint assets may become at risk should a judgment be obtained by the creditor. I would strongly advise that you meet with an attorney to discuss legal asset protection methods.

Scott R. Jay, Esq.