Can bankruptcy remove judgments?
Many people wonder if bankruptcy can help them with any existing judgments they may have in relation to collection actions. Creditors often pursue judgments during the collection process, as they allow them to access wages or bank account to collect money from the person who holds the judgement. When considering bankruptcy, it is common for those who are going through the process of bankruptcy to wonder how bankruptcy can help them with any judgments they may have.
This is a question that must be answered in 2 parts: (1) if the bankruptcy will address any underlying debts related to the discharge and (2) if the judgement will disappear through the bankruptcy. Regarding the first question, yes. The bankruptcy discharge can remove the underlying debt related to judgements relating to unsecured debts.
In regards to the second question, whether the judgement will disappear through bankruptcy, the answer is “no”. The bankruptcy will discharge any debts related to the judgment, so it creates the basis for the judgement being wiped out after the discharge. The judgement is not automatically erased by the bankruptcy but can be done so through the expungement process. We can also help you through our 90-day program to repair your credit! We can help you remove the judgment through our representation process, even though it does not disappear automatically. Call Now for a Free Strategy Session with a MN Bankruptcy Lawyer at LIFEBACK LAW FIRMS
–
Judgements are scary and can negatively affect a credit score or remark, even if the money owed is discharged. It is important that anyone who is currently dealing with a judgment ensures that it is removed from their record after bankruptcy is completed. Our firm has a lot of experience in eliminating and expunging judgements. We would be happy to assist you with any judgements that you may have through the bankruptcy process. So, when the time is right, or when you are ready, please don’t hesitate to reach out to Minnesota’s most kind and helpful bankruptcy law firm by going now to www.lifebacklaw.com
. https://www.youtube.com/watch?v=QSAPd_urcpY
