QUESTION
Is it possible to file bankruptcy after a judgment?
Asked on Jan 17th, 2012 on Bankruptcy - Minnesota
More details to this question:
Can I file for bankruptcy after a judgment has been posted?
15 ANSWERS
Bankruptcy Attorney serving Overland Park, KS
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The Smalley Law Firm, LLC
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Yes.
Answered on Jun 02nd, 2013 at 8:33 PM
Yes.
Answered on Jun 02nd, 2013 at 8:33 PM
Bankruptcy Attorney serving Cleveland, OH
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Benson Law Firm
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Yes, you can file bankruptcy at any time. The question is whether the judgment has been perfected and, if so, whether it can be avoided as impairing an exemption or preferential transfer. This is probably a matter you should discuss with your bankruptcy lawyer.
Answered on Feb 03rd, 2012 at 11:41 AM
Bankruptcy Attorney serving Hampton, VA
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Haven Law Group, P.C.
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Yes. Judgments are dischargeable.
Answered on Feb 02nd, 2012 at 5:10 PM
Business Bankruptcy Attorney serving Raleigh, NC
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J.M. Cook, P.A.
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Yes, we do it routinely. However, a bankruptcy will not strike the lien just the liability under the debt.
Answered on Feb 02nd, 2012 at 4:13 PM
Criminal Defense Attorney serving Portland, OR
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Jacob D. Braunstein, Attorney at Law
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It is absolutely possible to file bankruptcy after a judgment has been entered. Many debtors file bankruptcy after a judgment has been entered so they can stop attempts by the creditor to collect on the judgment.
Answered on Feb 01st, 2012 at 5:35 PM
Yes, you can.
Answered on Feb 01st, 2012 at 2:16 PM
judith runyon
Yes, but how it affects the Judgment depends on several things. Talk to a bankruptcy attorney.
Answered on Feb 01st, 2012 at 2:15 PM
Bankruptcy Attorney serving Concord, CA
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William Rubendall Attorney at Law
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Judgments are included as debts that can be discharged in bankruptcy. If a judgment lien has been filed you will have to file a 522f motion in the bankruptcy to remove the lien.
Answered on Feb 01st, 2012 at 2:13 PM
Yes, and depending on the nature of the judgment, it may be dischargeable. You will want to ask your attorney specifically about discharging this liability.
Answered on Feb 01st, 2012 at 2:10 PM
Bankruptcy Attorney serving Hayward, CA
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Carballo Law Offices
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Yes and the debt will be discharged unless it is a judgment is for a debt that is not dischargeable in bankruptcy such as a support obligation judgment (child support or spousal support, student loan or other nondischargeable debt).
Answered on Feb 01st, 2012 at 2:10 PM
Bankruptcy Decision Attorney serving San Diego, CA
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Law Office of Daniel G. Shay
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Yes, that is very common.
Answered on Feb 01st, 2012 at 2:09 PM
Bankruptcy Attorney serving Buford, GA
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Kenneth A. Parker, PC
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Yes, as long as you qualify for a bankruptcy, you can file. You may be able to discharge the judgment or if a Fi.Fa has been entered, you may be able to avoid the judicial lien, depending on the circumstances. I suggest contacting a Bankruptcy Attorney to determine your best course of action.
Answered on Feb 01st, 2012 at 2:06 PM
Criminal Law Attorney serving Ellicott City, MD
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Law Office of William C. Wood, LLC
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Yes. Once the bankruptcy case is filed, you or your attorney should also file a Suggestion of Bankruptcy in the court where the judgment was entered to ensure that collection activity is stayed.
Answered on Feb 01st, 2012 at 1:22 PM
Chapter 13 Bankruptcy Attorney serving Bloomington, MN
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Gregory J. Wald
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Yes, you can still file the bankruptcy. If the judgment is for a dischargeable debt, then you can discharge and eliminate your obligation to pay on the judgment.
Answered on Feb 01st, 2012 at 1:21 PM