Legal Question in Bankruptcy in Illinois
bankruptcy on judgements
can we file bankruptcy for my boyfriend on a judgement against him 7 years ago by an inssurance agency western reserve. he had a car accedent in ohio and did not have insurance on the car he just bought so he was found at fault he has paid $50 a month and now they have an attorney and want it all now and they suspended his licence and cdl until they recieve all $8000. please note it was only $4500 7 years ago we now found out the $50 we pay a month doesnt even cover the intrest they add on so the debt doubled. if we can, will he loose his licence forever or get them back if we file on this judgement.eather way we can not come up with the full 8000 and the attorneys office said they arent going to alow payments they want it all.
2 Answers from Attorneys
Re: bankruptcy on judgements
I have dealt with these car accident judgments in the past and have been successful in eliminating these judgments through bankruptcy. After the bankruptcy is filed the state agency that suspended the license must be notified and your boyfriend's license should be reinstated. Please feel free to give me a call. ph. (800) 303-0720
Re: bankruptcy on judgements
It is a shame that you didn't contact a bankruptcy attorney sooner, as a bankruptcy filing could have eliminated the license suspension, as well as the debt. As the situtation is now, a bankruptcy will have to be filed, the debt discharged in bankruptcy, and then the Secretary of State's office notified of the discharge, and then the DL and CDL will be reinstated. But, this would not be overnight. Please advise in what county you reside. Good Luck!
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