by demanding a civil suit be initiated, at which point they may successfully defend based on the expiration of the limitation period. Foreign bank accounts Some may be able to protect their assets by transferring them into a bank account in a foreign country, where the money is considered to be untouchable according to the laws of the country where the judgment was made. However, in the United States, more recent court rulings have made this more difficult. Notes See also Bankruptcy Liquidations Administrations Administrative Receiverships References Stanley G. Hilton, To Pay Or Not to Pay: Insider Secrets To Beating Credit Card Debt and Creditors, . External links Insolvency Service website Debt collection Lawsuits Contract law