QUESTION
Can my husband and I file bankruptcy on a $45,000 civil judgment?
Asked on Mar 14th, 2013 on Bankruptcy - North Carolina
More details to this question:
My husband and I are trying to buy a house and he has a $45,000 civil judgment on him from his ex-wife. I have an $8,000 judgment with a creditor and a $5,300 car payment (that was repo'd a divorce.) We live in NC and want to buy the house we are renting-to-own. We are in a contract with our landlord to purchase our property later this year. We are having a hard time with our credit scores qualifying for loans because of the judgments we have and fear that his ex-wife may try to collect on our new house investment after we buy it.
1 ANSWER
Chapter 13 Bankruptcy Attorney serving Winston-Salem, NC
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Love and Dillenbeck Law
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Speak to a bankruptcy attorney in your area, most of whom, give free consultations. Only after a thorough analysis can it be determined if Bankruptcy is an option for you.
Answered on Mar 14th, 2013 at 3:16 PM