In a wreck in NJ and being sued by Liberty Mutual. Don't own a house. Own a motorcycle and truck. Will I lose them?

1 Answer | Asked in Car Accidents for New Jersey on Dec 2, 2010.
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Answers (1)

 

Jonathan Rudnick

Answered On May 10, 2011
If any business or entity obtains a judgment against you they can execute (take) any assets you own. So if you own a bike or truck they can take this if they sue you and get a jusgment.