QUESTION
What should I do if I have a judgement filed against me?
Asked on Aug 18th, 2011 on Bankruptcy - Georgia
More details to this question:
I have a judgment filed against me for property in Florida for a deficiency. I lost everything in real estate and I have no money. I have one share of stock that I need to keep to be able to live and pay rent. If I file bankruptcy they will take it because I have to list it as an asset. I cannot do a chapter 13 because no job. What can they do to me if I do not file bankruptcy? The judgment is the issue and keeping my stock. I was not expecting this judgment. I live in a home in another state now but behind on payments and it will go to foreclosure. Thanks so much, I desperately need to know what to do.
2 ANSWERS
Debtor's Rights Attorney serving Atlanta, GA
at
Theodore N. Stapleton, P.C.
Update Your Profile
It sounds like you are eligible for a chapter 7 and you might be able to exempt the stock depending upon its value.
Answered on Aug 25th, 2011 at 12:38 PM
Glen Edward Ashman
See a bankruptcy lawyer ASAP. Without a bankruptcy the creditor could seize your stock. Whether you keep it in a bankruptcy depends on its value.
Answered on Aug 21st, 2011 at 12:07 PM