Ask Experts Questions for FREE Help !
Ask
    DownUnder's Avatar
    DownUnder Posts: 492, Reputation: 24
    Full Member
    		  
    #1

    Mar 14, 2009, 12:33 PM
    Judgements prior to bankruptcy
    Quick question If a person has already received two judgements and is considering bankruptcy and if these are included in the bk listing of creditors ,does this mean it will stay on your credit report but the judgement will not be able to be acted on?
    sacramento's Avatar
    sacramento Posts: 163, Reputation: 1
    Junior Member
    		  
    #2

    Mar 14, 2009, 01:01 PM

    Yes. Your credit report will show that you had judgments which were not carried out due to the bankruptcy discharge.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
    		  
    #3

    Mar 14, 2009, 03:07 PM

    The judgements showing on a credit report only shows there is a judgement,

    The court will be notified of the bankruptcy. The records of the judgements will remain
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Judgements and bankruptcy [ 4 Answers ]

Hi My friend has a question she got a judgement filed bankreuprcty and she wants to know will this mean she will not have to pay the judgement? I told her she should have asked her lawyer but she said he was talking so much she can not remember He did tell her that with the means test she will...

Bankruptcy default judgements [ 1 Answers ]

Husband had a business which was incorporated. Business closed in Illinois and we moved to Nevada for work where he filed bankrutcy due to the debt left from the business. One contractor filed a complaint with my name (wife) along with the business name. This complaint was included in my husbands...

Judgements and bankruptcy [ 1 Answers ]

I had a judgment brought against me this year and I filed a "notice of right to have exemptions designated" But since I have no income I need to file chapter 7. I have 2 questions if you will: #1 Can I include a court judgment against me in a chapter 7 bankruptcy? Does the bankruptcy wipe...

Bankruptcy and Judgements [ 1 Answers ]

If I file Bankruptcy, will it also take care of the Judgements that I have. Thanks Greg

New tenant with prior bankruptcy [ 3 Answers ]

I am considering renting to a person who declared bankruptcy last year. Credit report shows the problem stems from charges made in 2002 and in prior years. Her advisor recommended she declare before the laws changed last year. Credit report shows she no longer has any credit cards and has had no...

View more questions Search