Dealing with Debt

questions & answers

Question: My 34 year old son is in debt and lives under my roof in a room I provide. I help him financially by gifting him funds from time to time. I do not claim him as a dependent and his finances are segregated from mine. I did not cosign any loan. He has been served and I expect that the court will issue a judgment. My question is, do I have to do anything special to protect my and my wife's goods from execution. Legally, they are ours, but how do I proceed if the sheriff attempts to grab them? Can he?

Answer: To make sure you are protected, it may be best if you contact an attorney for your specific legal issue. Refer to The Maricopa County Bar Association website for attorney referrals: http://www.maricopabar.org/

QUESTIONS

  • My 34 year old son is in debt and lives under my roof in a room I provide. I help him financially by gifting him funds from time to time. I do not claim him as a dependent and his finances are segregated from mine. I did not cosign any loan. He has been served and I expect that the court will issue a judgment. My question is, do I have to do anything special to protect my and my wife's goods from execution. Legally, they are ours, but how do I proceed if the sheriff attempts to grab them? Can he?

STORIES

  • I just helped my mother, age 89, deal with her Medicare HMO. . .
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  • I just helped my mother, age 89, deal with her Medicare HMO. . .

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FIND LEGAL HELP

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OTHER LEGAL RESOURCES

  • State Bar of Arizona
    www.azbar.org
  • Maricopa County Bar
    www.maricopabar.org
    Referral number 602-257-4434
  • Pima County Bar
    www.pimacountybar.org
    Referral number 520-623-4625
  • National Domestic Violence Hotline
    800-799-7233
  • Bankruptcy Court Self Help Center
    866-553-0893
  • Certified Legal Document Preparer Program
    Link

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