
Quoting
kewin
I once again appreciate all your information including the link on garnishments in PA.
If I lose the case, the judgment amount will be several times more than 13000, which, obviously, I will not be afforded to pay in my life time (I am in my 60s and my husband is in his 70s). The wages from my job is barely enough to run the family. Except the car (on my husband’s name) and my small job, and the cash and accounts in question, we have no other property (including house, bank accounts, cash, gold, vehicles, etc). My concern is regarding the money transactions that took place between January 2013 (the date I received the lawsuit) until last month (the date on which I moved 13000 to my husband’s account).
There were 7000 dollars in my IA account and 2000 in CA account during the date on which I received the lawsuit in January 2013. After that, as I explained earlier, we moved the money between the accounts. These money movements were stopped after we created the TBA account last month. We have been moving/transferring part of our money (between the IA and CA accounts) even before the lawsuit was filed.
If the creditor comes for collection,
(1). On what basis the Judge decides my share and my husband’s share in that 13000 amount or in the car. Or whether that 13000 will be divided into two halves and the car (price of the car) will also be divided into two halves, and then my portion will be paid to the creditor?
(2). What date will be taken as the starting/reference date for consideration for deciding the shares (the date on which the I received the lawsuit or any prior or past date)?
(3). My husband is saying that, if I want, he will transfer part (or full) of that 13000 money to my personal account so that we can use it for covering part of our living expenses in the meantime. He is saying that such transfer will be helpful to undo the fraudulent transfer (if any that is existing).
Please provide your advice.