Post-Judgement Discovery – When a Creditor Want To See Your Assets

If a creditor successfully obtains a judgement against a debtor, the next step in the legal process is for post-judgment discovery to occur. This is also sometimes referred to as discovery in aid of execution, and it is through this process that creditors typically get a glimpse of the assets owned by judgement debtors. Here’s what you need to know.

THE ROLE OF “SECRECY” IN ASSET PROTECTION

The Excerpts and Links below emphasize yet another reason that the best Asset Protection plans are: 1. Tax Neutral; 2. Involve paying and reporting taxable income from all sources; 3. Are drafted by a professional with experience in such issues; 4. AND DON’T RELY ON SECRECY Secrecy based plans rely purely on the hope of […]