A judgment lien turns an unsecured debt into one secured by a lien on your home. Bankruptcy can undo that, and write off the debt.
Letting a creditor get a judgment against you is dangerous, for a lot of reasons. One of the biggest dangers is a judgment lien on your home.
Bankruptcy gives you a fresh start by writing off debts. But it can also free up your home by getting rid of or “avoiding” judgment liens. Writing off debts is good. But if a creditor got a judgment against you, and you own a home, most likely that debt has also turned into a judgment lien on the title of your … Read More
If it’s been many months and your medical bills aren’t being paid, and may never be, bankruptcy can give you immediate and permanent relief.
If you or your business is stuck in litigation that is sucking you dry financially and emotionally, bankruptcy may be your best way out.
You’ve been sued by one or more creditors. They have a judgment or are about to get one. You can stop them from garnishing your paycheck.
Filing bankruptcy immediately protects you and your property from just about any kind of collection attempt by your creditors.