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Old 09-21-2004, 02:29 AM
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Join Date: Sep 2004
Posts: 3

Please Help

What is the name of your state? VA

Back in 98, bought a car. a year later crashed it and let it go into repo and never paid on it after. I moved to CO. Now 2004, got a call about that it has gone to judgement for the remaining 5298.08 in Apr of 2000. I was never served nor notified of this. Plus the judgement has a 12% interest rate on it from DOJ. Now they are advising me it is now 7000.

I was wondering.....since I have no assests if filing for ch.7 would be advisable or what should I do?

PLEASE PLEASE help
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Old 09-22-2004, 10:50 PM
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Bump

*****bump*****
  #3  
Old 09-22-2004, 10:54 PM
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Join Date: Feb 2002
Location: Nashville,TN
Posts: 15,706
Filing for bankruptcy would get rid of the judgment, yes. If you have no assets and little or no disposable income, then Ch 7 will likely work. If this is your only debt, I wouldn't BK over 1 debt.
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