Can a money judgment be attached to a 401K account?

The answer to your question depends on your state's exemptions. In Illinois, 401(k)s are 100% exempt from any collection efforts by creditors. If...

My hours ar work work cut from full time to part time & i had a car payment with i no longer could afford, so i call the car pay

Creditors are obligated to report events that ACTUALLY occurred. In your case, the car was actually repossessed. Therefore, they have every right...

My ex-husband just filed chapter 7 bankruptcy. He has no assets. How is this going to affect the child support and alimony he

Your ex-husband's bankruptcy filing will not sever his liability as to child support and alimony payments. Those obligations are not dischargeable...

Attempted to settle a citi bank credit card account, approx.. $22,000.00. Went to court, the amount was reduced to $10,000.

You have already negotiated down more than 50% of your balance. The credit card company did not have to come down from the original amount. If you...

What can I do to keep my home, get rid of my CC debit, and my $50,000 heloc. The mortgage and Heloc are both thru Bof A.

You can file a Chapter 13 to strip your second mortgage. Keep in mind that you must have disposable income to qualify for a Chapter 13 repayment...

My Spouse Wants to File Chapter 7 Bankruptcy and Surrender the House. What Will Happen to Me?

As long as you stay current on the mortgages, I do not foresee the bank foreclosing on the properties. His personal liability for the properties...

Can I File Chapter 7 Bankruptcy and Still Fight a Foreclosure?

Just because you opted to "surrender" the property in your statement of intention does not mean you can not fight the foreclosure. The bank must...

I filed chpt 13 bankruptcy in Illinois but changed my mind and it was dismissed. Why is it still on my credit report?

The fact that you filed bankruptcy allows credit agencies to report such a filing. Whether the debt was discharged or not is irrelevant for...

Can a creditor continue to pursue me after a court has dismissed their previous suit with prejudice, two year ago?

If there is was a court order entered agaisnt the creditor dismissing the case with prejudice, then they can not pursue you on the same claim. You...

I am not licensed in Kentucky, but almost certain that they can. In Illinois, if a creditor (secured or unsecured) obtains a judgment against you,...