QUESTION
If I have a judgement entered against me from February 11,2005 and I am on SSI since 1995, this is the only income I have, can I file bankruptcy?
Asked on Jun 26th, 2013 on Bankruptcy - Colorado
10 ANSWERS
Bankruptcy Law Attorney serving Austin, TX
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Law Office of Susan G. Taylor
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Yes, but you're probably judgment-proof, anyway.
Answered on Jun 27th, 2013 at 5:53 PM
Richard hirsh
A judgment entered has no affect on your right to file for bankruptcy. Your SSI is not subject to creditors' claims as that income is exempt.
Answered on Jun 27th, 2013 at 5:03 PM
Commercial Litigation Attorney serving Spokane, WA
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Steven Schneider Attorney at Law, P.S.
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Generally, SSI is exempt from judgments. You can however, file bankruptcy in Chapter 7 or Chapter 13 (payment plan) with SSI as income. You would have to have an attorney review your assets and debts, income and expenses, to determine if bankruptcy is right for you.
Answered on Jun 27th, 2013 at 11:31 AM
Bankruptcy Attorney serving Charleston, SC
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Davis Law Firm
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The real question is why would you file bankruptcy now. If the judgment is a South Carolina judgment, it will die in 2015. At that time it can no longer bother you. SSI income is exempt from levy by this type creditor. Just because you owe money is not a reason to file bankruptcy. You need to speak with an attorney who can advise you as to whether you should file and also how filing bankruptcy might improve your life. I have spoken with a lot of persons who were not any better off after filing a bankruptcy than before they filed bankruptcy.
Answered on Jun 26th, 2013 at 10:43 PM
Bankruptcy Attorney serving Florissant, MO
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Law Offices of Thomas Corcoran Phipps
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You can file a chapter 7 if your income is below the median income figure for your state. You can find the information on the web site for the bankruptcy court in district where you live.
Answered on Jun 26th, 2013 at 8:18 PM
Bankruptcy Attorney serving Phoenix, AZ
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Law Office of D. L. Drain, P.A.
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Yes, but you might not need to. Please understand that bankruptcy is a very complicated process. It is wise to talk to an experienced bankruptcy attorney before deciding to take this important step.
Answered on Jun 26th, 2013 at 8:10 PM
You can file bankruptcy as long as you otherwise qualify to do so, but I cannot say with 100% certainty whether you can eliminate this judgment through bankruptcy. For example, if the judgment is for a student loan, something related to a criminal offense, or for child support or alimony, then you may be unable to eliminate it in bankruptcy. Why not visit a local bankruptcy attorney & show the judgment to a professional?
Answered on Jun 26th, 2013 at 8:09 PM
Bankruptcy Law Attorney serving Livingston, NJ
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Law Office of Stuart M. Nachbar, P.C.
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Yes you can
Answered on Jun 26th, 2013 at 3:02 PM
bankruptcy Attorney serving Paul, ID
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Paul N. J. Ross Law, PLLC
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Yes, although you might not need to.
Answered on Jun 26th, 2013 at 1:19 PM
Deborah F. Bowinski
You can, but you probably don't need to file.
Answered on Jun 26th, 2013 at 1:19 PM