How do I protect my assets from creditors?

Question Details:

I broke my lease with my apartment complex 9 months ago. I left with a unpaid balance of almost $2,000. I have made payments to creditors and my balance is about $1,500. I recently lost my job and can't make payments at the time. I got a call from the creditor informing me that they will be processing a judgment against me. I would like to know what will happen after they do that? I don’t have much other then my car which isn’t worth more then $2,000 and just $200 in my bank account.

Answered 5 years ago| Contributor
IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you go to and retain an attorney to represent you.