I'm currently in 23K debt and my credit card company is threatening to sue me. My home is in a revocable trust in my name but I heard that a revocable trust does not protect your assets. The house is paid-off, so there's no mortgage and my debt accumulated due to an emergency a while ago. Looks like I am going to default on it as I am currently unemployed. What are some of the options and ways to protect my only asset, my house, from a judgement lien when the time comes when I am sued? I am single.
Read more: How to protect property from judgement lien?
