Selma, CA Bankruptcy Law Firms & Lawyers

Did you file an abstract of judgment? In any event, I would DEFINITELY file a proof of your claim! I think that you can find a bankruptcy counsel to do this stuff for you relatively cheap and you won't have to hassle with the details.

Your liability for the obligation will be eliminated IF you are discharged in the chapter 7. Your husband will remain liable. Whether or not the lender has a right to call the loan, seeking its being paid in full, in the event of a single debtor's insolvency is a matter of the contract with the lender. In any case you will not be liable for the loan or a subsequent default or deficiency if your are discharged as long as you have listed the obligation in your filing. Good luck!

Many times, old judgments can be settled for pennies on the dollar if you can come up with a lump sum of cash. Bankruptcy can also be an option if the total debt is substantial. There is no point in worrying about being sued on debt that you have been garnished on, the fact that you were garnished tells me that you already were sued and lost. If you have any other assets (such as real estate or money in the bank), they could be in jeopardy of being affected by these judgments.