California  |  Credit and Debt Law

Legal Question

Asked on: 1/20/11, 11:56 am

Recently a Law Firm representing/owning a old credit card tried to serve me with a 'writ of execution' to an old residence I lived at two years ago. I have been receiving all other court documents to my current address. Anyway, the debt is for 12K and I am willing to make payments on this debt. In the past I wasn't in the financial situation to do so. My business was just breaking even. Ok so here is the question about property, accounts, etc... I don't own a house or property, I have an old 2002 truck which is used for the business, I have a bank account under the business name referencing the business's Tax ID, not my SS#, and I have an a/c under my personal information. Since I have control over when and if I pay myself, they cant garnish my bank a/c if nothing is in there can they? Can they touch my business bank a/c? What about my truck that is paid for? Should I put the truck in someone else's name? Any advice would be greatly appreciated.

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