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If a judgment is obtained can bankruptcy be filed?

Updated: 8/17/2019
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12y ago

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Yes...whether the judgment will be discharged or paid in BK....which MUST include ALL your debts AND ALL your assets, no picking and chosing..is another story.

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12y ago
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Q: If a judgment is obtained can bankruptcy be filed?
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Related questions

If a creditor obtains a judgment can bankruptcy still be filed?

Yes


Can a judgment be made on a person who has filed chapter 7 bankruptcy?

yes


Can a judgment be collected from a dissolved corporation?

The judgment would have to be presented to the bankruptcy court. Wow! Who mentioned bankruptcy? This is a money judgment against a admin dissolved corp. If bankruptcy had been filed the judgment, if listed, would be discharged and worthless.


Can a judgment be put on your credit if the debt was part of the bankruptcy?

Not if the debt was discharged in the bankruptcy. If the judgment was on the credit report before the bankruptcy was filed and/or was discharged in the bankruptcy, the entry will still remain on the CR for seven years.


How do i protect my judgment against someone in bankruptcy?

If the judgment debtor is already in bankruptcy, there is nothing you can do. If the judgment is for a debt for which discharge is not allowed, it survives the bankruptcy. If no bankruptcy has been filed, you can try to attach or levy on some property of the debtor that has some value, or equity.


Does the bankruptcy court do a search for existing civil suits filed in your name?

No, that is not their function. If you fail to add anyone suing you, the judgment will stand after your bankruptcy.


Can you include a judgment filed against you in a future bankruptcy?

Yes. A discharge will depend on whether the claim involved fraud.


How can you dispute a bankruptcy which was filed immediately after you got a 10500 judgment against that person?

you can request for a relief from judgment or wait to object to the debtor's discharge if I am not mistaken ...Augusta,ga


If there is more than one name on a judgment what would happen if you filed bankruptcy on it?

The other person becomes solely responsible, if one party has filed bankruptcy and is no longer responsible for it. If both parties file bankruptcy within a relatively short time of each other then neither of you will be responsible for the amount owed. * The exception would be if the judgment has been "perfected" as a lien against real property. In such a case the judgment creditor becomes a secured creditor and the judgment will not be dischargeable under bankrupcy law.


If you filed chapter 7 bancruptcy in 2005 and a judgment from 2003 still shows on your credit report how do you get it removed?

Here is the question, was the judgment placed under the bankruptcy? If so, you can dispute the items as part of the bankruptcy. If not, it is a separate entry and has the right to stand on it own.


Could the US government take the proceeds from the sale of you home if you have a judgment against you because of a student loan and you filed bankruptcy?

Yes. Federally funded student loans are not dischargeable in bankruptcy.


Can a mortgagor still file a deficiency judgment on you after you file bankruptcy?

a deficiency judgment should be discharged in a chapter 7 bankruptcy. You should file after you receive the judgment.Im pretty sure this debt would be classified as a unsecured debt.Also, I could be wrong but if you have already filed a bankruptcy then the lender foreclosed and there is a deficiency , the bankruptcy would prove you were insolvent.I think you only have 90 days after you first file.Again I could be wrong. a deficiency judgment should be discharged in a chapter 7 bankruptcy. You should file after you receive the judgment.Im pretty sure this debt would be classified as a unsecured debt.Also, I could be wrong but if you have already filed a bankruptcy then the lender foreclosed and there is a deficiency , the bankruptcy would prove you were insolvent.I think you only have 90 days after you first file.Again I could be wrong.