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Creditors and Bankruptcy/Judgments in Ch. 7 Bankruptcy

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Expert: Regan Shinski - 2/1/2010


Question
I live in FL and have been sued twice.  The credit card companies got a stipulation that I paid on four months but could no longer (back in 08) and the other got a judgement.  I am currently in the process of filing a Ch 7 bankruptcy on my own.  What do I have to file in the Hillsborough County Court in order to get released from the judgments?

Answer
Hi Sharon:

You really can't do anything until the bankruptcy is dismissed.  Then you file a motion to vacate the judgement.  The process will vary by court and jurisdiction but the court clerks and their website should be able to help.  It's really difficult for me to say what exact form or process because many are different in their procedures.

Once the judgement is vacated, you may still need to send the information to each credit bureau.  It may still show up as included in the bankruptcy but the legal hammer of a judgement should be withdrawn.

Good luck,
Regan

Creditors and Bankruptcy

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Regan Shinski

Expertise

I can answer questions on collections, repossessions, bankruptcy, credit repair, credit counseling, FICO scores, credit planning, and the cause and effect of credit related decisions. I can also answer questions on collection settlements and preparing to sue your creditors for false debts and credit reporting.

Experience

Fifteen years ago I was financially devasted due to severe health issues. I filed bankruptcy, had a foreclosure, car repossession, tax lien, and ruined credit. I immersed myself in credit law. I settled dozens of accounts and had them removed to improve my credit. I personally sued four creditors and collection agencies and won cash settlements for their false reporting on my credit reports. Since then, I have completely recovered and have nearly $100,000 in revolving credit lines and perfect credit. I have owned a credit repair company for the past five years and have an additional three years of specific work in the collections and debt management industry. I am fully versed in the Fair Debt Collection Practices Acts (FDCPA), Fair Credit Reporting Act (FCRA), and have used them successfully in collection settlements and lawsuits for myself and others. I am also familiar with and abide by the Credit Repair Organizations Act (CROA). I have deleted or helped delete literally hundreds and hundreds of derogatory items from consumers' credit reports and helped negotiate many settlements with collection agencies and creditors. I have also advised people on bankruptcy at any stage. In the current credit market, I have successfully advised numerous people on how to obtain credit and how to negotiate for better terms.

Education/Credentials
BA - University of Minnesota

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(private)

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