If a us bankruptcy court is awarded a judgement against me say for 100,000 but I have no way to pay what usually happens
You should meet with an attorney so that they can look at the judgment to help you make the decision on how to handle it.
Bankruptcy and debt Lawyer
Practice Areas: Bankruptcy & Debt, Chapter 11 Bankruptcy ... +3 more
You should meet with an attorney so that they can look at the judgment to help you make the decision on how to handle it.
It may suspend it but there are probably more questions that should be answered before any attorney could tell you this would be a good plan.
You should really find an attorney in Texas or at least one licensed in Texas so that they can give you the best advice.
You would need to make sure that the timing is right but you could file the Chapter 13.
You are to list all debts in your bankruptcy. This being the case you would deal with all debts wherever they are located. The issues you may need...
I agree with the other attorneys. One thing for you to understand is that the Trustee can only sell it if the bank agrees to a short sale. There...
Unless either the Trustee voluntarily abandons the property or you do a Motion to Compel Abandonment then it is technically the Trustee's asset to...
That will depend on the attorney. One thing that is not clear in your question is whether or not the business debts would not be included in your...
One option is to file bankruptcy. This will make it so that you are discharged from the debt and therefore they could not suspend your license. ...
Unfortunately if you do just walk away from the home and they foreclose on the home, it will be a bad mark on your credit report. I may be best to...