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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Mama Bear who wrote (82313)7/14/2000 9:02:55 AM
From: Tommaso  Read Replies (2) | Respond to of 132070
 
Well, suppose someone just quietly refused to pay. In the state where I live, judgments can be entered against debtors, of course, but law enforcement officers will not act to seize property in civil cases. I guess the process can gum things up, though, when transferring ownership of any vehicle or real estate.

If a person ran up smaller amounts on a hundred different credit cards, it might not be worth while for the banks to try to collect. But I guess a prosecutor could argue that this was a systematic scheme to defraud and make a criminal case out of it.

How about if a person gave all their assets to charity, ran up enormous credit card debts, and then died?