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Does Bankruptcy Clear Judgments? - Upsolve
Web5 aug. 2024 · Asking the Court to Remove the Judgment Lien While paying off the existing amount owed may seem like the obvious solution, it really depends on the situation. A party who is interested in paying off an amount due on a judgment lien can consult the holder of the lien to try and reduce the amount owed, or seek third-party help to work out a … WebThe manner in which a judgment is obtained has no bearing on whether bankruptcy can eliminate it. What matters is if the debt or obligation underlying the judgment is subject to discharge through bankruptcy. Both Chapter 7 (liquidation) and Chapter 13 (reorganization) bankruptcy can eliminate, or discharge, many consumer debts, including: Web13 jul. 2024 · A judgment is a court order granting certain rights to the winner of a lawsuit. A judge might issue a judgment against you if a creditor or debt collection agency sues you … rave party in kasol