Posted by Rich-CA on July 21, 2007 at 21:31:19:
If you try and hide your assets in anticipation of a judgment, the courts could order everything (including sales) undone to pay the creditor. It may also be a criminal offense. You really need a lawyer and not an RE discussion group member who may or may not be a lawyer. Do you have liability insurance to help defend you? Contact the ins. co. and ask what you need to do. They may help and if you have enough insurance, they may cover the judgment as well.