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What about before a verdict?Trying to hide assets after a malpractice verdict is very bad
In my state homestead + 160 acres is protected from bankruptcy. I'm still working on paying off my house, but with my low mortgage rate we are just throwing extra money into CDs as they make 30% more than my mortgage rate. One concern I have with this is a lawsuit that exposes the CDs.
With a divorce, the initial filing usually comes with an order prohibiting changes to joint assets (can't drain accounts, cancel cell phone contracts, turn off utilities, etc). I assume something similar would happen with the initial filing of a malpractice claim, but I don't know.
If this isn't the norm, then the time between being served and actual trial would be a good time to hide those assets.