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Old 10-22-2001, 11:50 AM
Factfinder
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credit card debt


In Oklahoma,
my father is retired and has high credit card debt.His income is Soc Sec and retirmentfunds.
He in paying for a house in which he lives.
? is his income judgment proof? Could he simply quit paying the card debt or should he file backruptcy?
  #2  
Old 10-22-2001, 12:08 PM
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Join Date: Jun 2000
Location: Somnambulist University
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With the very limited information you provide as to his assets and debts, there is no way that anyone can advise whether bankruptcy is viable or not.

But, let me answer some of your question this way... if the creditor gets a judgment, OK provides some limited exemptions from seizure. A judgment creditor can seize his non-exempt assets, such as house, car, bank accounts (non-retirement), stocks, bonds, and even can file against his estate upon his death (insurance, house sale, etc.).
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There are at least 17 lawsuits (!!) filed in various courts, including the US Supreme Court, asking if Obama is a natural born citizen (as req'd by Art II, Sec 1 of the US Constitution).

Why has he spent over $1.7M in legal fees to block disclosure... rather than spend $12 for a VALID birth cert to settle the matter? The 'certificate' he has presented doesn't qualify to get a drivers license, wouldn't allow a child to qualify for Little League, or for a real citizen to get a US passport!
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