Can personal injury judgments be discharged in bankruptcy?
Yes, personal injury judgments can be discharged with a few exceptions. In fact, many people in Garland, Texas, file for a Chapter 7 or 13 bankruptcy to avoid paying on a judgment. There are many advantages to filing for bankruptcy to discharge a judgment. When you file for bankruptcy all liens on your assets will be removed. You will regain control over your bank account and your paycheck. Additionally, no further action will be taken against for any judgments or debts included in the bankruptcy. It is a perfectly legal way to wipe the slate clean and give you a fresh start.
In order to make sure that your bankruptcy application has been filled out correctly you should consult with an experienced Garland bankruptcy lawyer. During the consultation you can discuss your specific financial situation and exceptions to judgments such as:
· Child Support
· Spousal Maintenance
· Personal Injury Resulting From DUI
· Student Loans
Because the Federal bankruptcy law is very specific on what can and cannot be discharged, it advisable for anyone considering bankruptcy to speak with a Garland Bankruptcy attorney.