Legal Question in Bankruptcy in Illinois
judgment lien
I have a judgment lien from a personal injury case. The defendant has now taken bankruptcy. My attorney said there is nothing more he can do. He has referred me to seek advice from an attorney who specializes in this type of law. Can anyone help me? Is there anything I can do?
1 Answer from Attorneys
Re: judgment lien
Well, if you truly have a judgment lien, which in Illinois is different than just a judgment, and the lien "attached" to the assets more than 90 days before the filing of the bankruptcy, then your rights against the assets so attached may not be affected by the bankruptcy, and you may have the right to cause the sale of the assets to satisfy in whole or in part the balance due on the judgment. Its complicated, though. Feel free to call me. Larry Stein. (630) 221-1755.
Related Questions & Answers
-
Chapter 13 after a chapter 7 my wife and filed chapter 7 bankruptcy in 1999. the... Asked 12/27/03, 10:24 am in United States Illinois Bankruptcy Law
-
Unable to pay back chapter 13 What will happen if my ex-husband can not pay his... Asked 12/10/03, 5:37 pm in United States Illinois Bankruptcy Law