Can I File Bankruptcy Against a Judgement?
Yes, you can file bankruptcy against most civil judgments or lawsuits.
Unless the debt is nondischargeable debt, such as student loans, domestic support obligations, debts owed to the government, debts incurred from intoxicated driving, or debts incurred because of fraud, filing for bankruptcy can remove your liability.
Bankruptcy does not automatically remove liens placed against assets.
However, you may petition the court to void liens on your property, which may or may not be successful depending on the context of your case.
Removing liens is a legally complex area of bankruptcy law, and is best discussed with an accredited bankruptcy lawyer.
What is Bankruptcy?
<iframe width=”640″ height=”360″ src=”https://www.youtube.com/embed/ynKazgiW1e8″ frameborder=”0″ allow=”accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture” allowfullscreen></iframe><p><i> Video created by <a href=”https://www.financestrategists.com/terms/bankruptcy/”>Finance Strategists</a>.</i></p>