Bankruptcy

DO NOT LET 'EM TAKE A JUDGMENT! Now, Don't Do Any Bridge Jumping if They Do; But Avoid A Judgment if You Can.

By Joseph McDaniel, Esq.

The answer, as in so many areas of the law, is that it depends.

In general, you can discharge a judgment about as easily as any other debt.

Except. There are those issues with judgments liens, and the fact that it'll make defending a little more troublesome if the judgment creditor files a Complaint to Determine Dischargeability of Debt in your case.

So don't let 'em take a judgment if you can avoid it; but don't throw yourself off a bridge if they do take a judgment against you before you come to see me.

Here's a brief discussion of this very issue, by nothing but coincidence:

NOTHING HERE CONSTITUTES LEGAL ADVICE RE A CHAPTER 7, CHAPTER 13, CHAPTER 11, OR CHAPTER 12. FIND AN ARIZONA BANKRUPTCY LAWYER WHO IS BOARD CERTIFIED IN BANKRUPTCY LAW, AV RATED, AVVO 10 RATED, ON SUPERLAWYERS, OR JUST VERY EXPERIENCED AND A FORMER CHAIR OF SOME BANKRUPTCY SECTION OR COMMITTEE. NOTHING HERE MAY BE USED AS LEGAL ADVICE IN CONNECTION WITH ANY BANKRUPTCY, WHETHER THAT BANKRUPTCY IS IN PHOENIX, GLENDALE, TEMPE, MESA, SCOTTSDALE, OR ANYWHERE ELSE.

Full post as published by Arizona Bankruptcy Attorney Blog on August 16, 2010 (boomark / email).