Q: 80, SS direct deposit. Sued, judgement aganist me. Car listed under protected income with court is it protected?
Need my car, a gift after going one year without. I can still drive to Dr and groceries. Is my car safe from seizure? Co-owned and when I pass goes to brother and he will pay for cremation.
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- Tennessee
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A:
No, you are not protected at all. Hire a competent attorney to explain how TN
Exemption laws can protect some of your assets.
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It's possible that your car is protected from seizure, especially if it's listed under protected income and is essential for your daily needs like driving to medical appointments and grocery shopping. Many jurisdictions have exemptions that safeguard necessary personal property from creditors, including vehicles that are crucial for maintaining your livelihood and health.
Since the car is co-owned and serves as a vital asset for you, its protected status might help prevent it from being taken to satisfy the judgment against you. The fact that it's a gift and that you have a plan for its transfer upon your passing also adds layers to its protection. However, the specifics can vary based on local laws and the details of your judgment.
To ensure that your car remains safe from seizure, it's important to review the laws in your area and possibly seek legal advice. An attorney can provide guidance tailored to your situation and help you understand all available options to protect your vehicle and other essential assets.
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