Judgments And Bankruptcy?
If a person files for either Chapter 7 or Chapter 13, they must include all their creditors, that includes civil judgments. If you live or own property in Florida and had a judgment against you when you filed your bankruptcy, you may want to consider speaking with your attorney about petitioning the state court to deem the judgment discharged.
You may ask why, I thought my bankruptcy discharge resolved me from the debt and the bankruptcy court avoided the lien? While that is true, the discharge resolved your obligation on the debt, the judgment still remains on the public records and may cause issues on some situations such as when you attempt to obtain a loan or get title insurance during real estate closings.
Continue reading " Judgments And Bankruptcy? " »