Would a creditor be treated differently if I were to file bankruptcy before a judgement is entered?
Full Question:
Due to medical problems, I may need to declare bankruptcy. I am living on SSI and Medicaid. I am not the head of the household. Under Federal exemptions, I will be able to keep most of my land but I might have to give up some of it. With multi-creditors (some lawsuits in near future), is a creditor treated differently after winning a judgment than they would be if I declared before they could beat me in court? Any strategies for keeping my 17 acres of land?
01/31/2007 |
Category: Debts and Credit |
State: Arkansas |
#1459
Answer:
There is an excellent free information site on asset protection for every state at the following website:
http://www.assetprotectionbook.com/assetprotectionbook.htm
