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Originally Posted by purplepuggsy The problem is she and I bought a truck together 2 years ago, so both her and my names are on the truck. |
Your post isn't clear as to whether YOU have been included in the suit or not. Simply, if you are not named as a party to the suit and a judgment is rendered against HER only, you have nothing to worry about. However, if you have also been named (as a co-owner) of the vehicle, then a judgment could be rendered against you also. If that happens, then yes, the judgment creditor could pursue his/her claim against any non-exempt assets you have.
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Why would they want the truck I owe 23k and it is only worth 17k blue book value? Wouldn't this be a liabilty not an assest.
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Some states allow the judgment debtor to get ALL the proceeds of a forced sale by judgment.... some don't. In any case, are you named in the suit or not??