How can I protect my assets for potential private student loan creditors

Generally, there are 3 methods to protect assets from execution.  First, defend any lawsuit filed by the creditor.  If that case is successful, assets will be protected.  At the very least, arrangements can be made to avoid loss of assets.  Second, transfer assets from your name.   However, doing so could result in an action by the creditor to reverse the transfer based upon the Fraudulent Transfer Act.  Third, add a spouse to bank accounts and other titled assets which may ultimately protect that asset under the marital exemption known as tenants by the entireties. I trust this answers your questions, and, if you live in the Delaware Valley, feel free to call or email me on a free initial basis.    Best Regards,   Matthew R. Nahrgang, Esquire 35 Evansburg Road, Ste 400 Collegeville, PA 19426 (610) 489-3041 o (610) 489-3042 fax nahrganglaw.com