I have a unsatisfied judgement on my driver's record that is back from 2011 and my DL is suspended til 2016. I've learned that my judgement has gone to a collection agency. In order to drop that suspension, I've hard that you either have to pay off the judgement in full or file for bankruptcy. Is this all true and what is the best course of action?
You don't want to file for bankruptcy to avoid paying a judgment unless the amount is substantial and you have no realistic chance of paying the debt. Bankruptcy will interfere with your ability to get credit and stays on your credit report for 10 years. Get the case reopened and work out a payment plan to pay off the judgment.
I would agree that those are your options. The BMV will continue to show a suspension on your record until this matter is cleared.
What is the best option for you? It depends on what other debts you would seek discharge by bankruptcy. Talk to a bankruptcy attorney to see if you qualify. Otherwise, work with the judgment creditor and get the judgment paid. Depending on the amount of the judgment, they may be willing to settle/compromise for a lump sum lesser amount. However, right now, they have the upper hand.
I have been handling various general practice family law, criminal defense, estate, business, and personal injury cases for 20 years. The above answer is not meant to be all-inclusive or contain the absolute answer to fully address all details of your specific case, rights, claims, defenses, etc. Any follow up comments or emails, is for informational purposes only and not meant as legal advice or establish an attorney-client relationship.
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