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If this was a credible threat for the blogger, I suppose the case would have been brought to a domestic court. Though he probably should exclude India from his
by riazrizvi 13y ago
If this was a credible threat for the blogger, I suppose the case would have been brought to a domestic court. Though he probably should exclude India from his bucket list.
- 300bps 13y ago>If this was a credible threat for the blogger, I suppose the case would have been brought to a domestic court. Even in a domestic court, a billion dollar judgment doesn't hold much of a scare to anyone that doesn't have a billion dollars. In most states, anything you have in a retirement account (401k, IRA, Roth, etc) are partially or totally protected from creditors. Likewise 529 accounts are partially or completely protected in most states. Some states have generous homestead protections where you can protect some or all of the equity in your home. Some states don't allow wages to be garnished except for back taxes and child support. Suing individuals is not the road-to-riches that some people think it might be.