legal  money


Question by  david11693 (15)

Will bankruptcy help get rid of a judgment?

I am on the brink of filing bankruptcy and want to know how it will affect the judgment.


Answer by  tamarawilhite (17883)

A bankruptcy will eliminate most judgments IF included in the bankruptcy settlement. However, it will not eliminate back taxes, child support, student loans and the judgments that occur if those go into default.


Answer by  Roland27 (16334)

In most cases it will get rid of the judgment. Unless it was an accident that was caused by impaired driving. Consult a lawyer he will tell you for sure.


Answer by  Shankalot (484)

In most states bankruptcy will eliminated a judgment unless you are committing fraud. The bankruptcy court will review all information and if you are in compliance with the law and good faith it will normally discharge most debts. One exception is if you owe taxes, because in those cases the court may rule you still owe them.


Answer by  pansy (421)

Bankruptcy dosen't help you for seven years and in some states ten so if you file for this it will not matter


Answer by  John (9008)

It depends upon the type of judgement and its basis. You should consult an attorney to be sure. Student loans and fines are two examples of non-dischargeable judgements.


Answer by  fishlover49 (643)

I am unsure of what judgement you are seeking but in most cases filing for bankruptcy does not affect the outcomes of any judgements against you. There are of course exceptions so my recommendation would be to speak to an attorney. You can find free legal help online some of the time

You have 50 words left!