FILL OUT THE FORM BELOW AND RECEIVE A NO-OBLIGATION CONSULTATION

"*" indicates required fields

Name*

Phone Number*

Email*

This field is hidden when viewing the form

What's the best time to contact you?*

Location*

What city do you live in?*

This field is hidden when viewing the form

Source

How can we help you?

Agreement*

I understand that Bankruptcy-Canada.ca does not provide debt relief services directly and agree to securely share this information with a local Licensed Insolvency Trustee (LIT) for a free, confidential consultation.

This field is for validation purposes and should be left unchanged.

Select Trustee By Province

Judgments

How does a Bankruptcy affect a Judgment?

Posted from: New Brunswick

Share this post:

X (Twitter) Facebook LinkedIn Email

One Response to “Judgments”

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

A judgement is really just legal authority to collect on a debt. It allows a creditor to seize assets, garnish wages, register against property etc. When you file for bankruptcy there is an automatic Stay of Proceedings that prevents the creditors from exercising or collecting on that judgement. So this would put a stop to any potential garnishment or registration etc.