Texas debt scam

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Anonymous
Texas debt scam 2016-01-06 02:45:56 Post No. 1027365
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Texas debt scam Anonymous 2016-01-06 02:45:56 Post No. 1027365 [Report]

Ok, so I live in Texas. From what I read, you cannot have you wages garnished for debts(other than child support alimony, taxes or student loans). 401ks are impenetrable from what I read. I make $100k per year. I am being sued by my exwife over custody. Since I basically can't lose my aoftware engineering job, I am thinking about loading up about $50-80k in credit card and personal loan debt to fight her and stop paying. I want to pay on my car and house, but not on any unsecured debt. I also intend to to owe several companies a little money instead of few companies a lot. Texas has a statute of limitations of 4 years of last payment activity on debt. I know this isn't moral, but I have my reasons for working the system like this. Can anyone think of something I've missed?

Anonymous 2016-01-06 02:46:53 Post No.1027369
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Anonymous 2016-01-06 02:46:53 Post No.1027369 [Report]

Gee.

That sounds like a legal question.

There are these guys you can find in the phonebook or online that answer legal questions and give advice.

They call them... law doctors. Something like that.

Anonymous 2016-01-06 02:49:06 Post No.1027375
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Anonymous 2016-01-06 02:49:06 Post No.1027375 [Report]

>>1027369
I'm more thinking along strategic lines than legal lines. I'm pretty confident that they can only sue me for known assets(like bank account balances, land, vehicles, etc)

Anonymous 2016-01-06 02:55:22 Post No.1027390
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Anonymous 2016-01-06 02:55:22 Post No.1027390 [Report]

>>1027375

Texas is a homestead state. Texas and Florida are the only ones. You can put your money into a house and it's untouchable. This is the reason lots of criminals from all over will move to Florida. Pretty sure OJ Simpson did this during his trial too.

Anonymous 2016-01-06 03:03:14 Post No.1027402
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Anonymous 2016-01-06 03:03:14 Post No.1027402 [Report]

>>1027390
http://www.dallasnews.com/business/personal-finance/headlines/20120817-texas-law-puts-protective-umbrella-over-debtors.ece

Not just your house, though.

StealBeams 2016-01-06 14:27:20 Post No.1027963
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StealBeams 2016-01-06 14:27:20 Post No.1027963 [Report]

>>1027365
okay

Anonymous 2016-01-06 15:56:17 Post No.1028051
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Anonymous 2016-01-06 15:56:17 Post No.1028051 [Report]

>>1027365
After the 4 years Junk Debt Buyers cannot buy the debt from credit card companies and then sue you in court and win a judgement? Thats sweet.

Anonymous 2016-01-06 17:18:16 Post No.1028155
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Anonymous 2016-01-06 17:18:16 Post No.1028155 [Report]

>>1028051
In Texas they can't take you house or car unless they have a Leon against them. IOW, credit lenders get BTFO unless you have some asset they can point to in order to get a judgement. If your money is all in Ira,401k, car, house, and you make payments on car and house, they can't touch you.

Anonymous 2016-01-06 18:21:19 Post No.1028240
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Anonymous 2016-01-06 18:21:19 Post No.1028240 [Report]

>>1028155
Nice very nice indeed

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I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible.
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