Release of Judgment Liens After Bankruptcy
My question involves bankruptcy in the state of: Tennessee.
if a judgement is discharged in BK does the judgement holder have to release their lien?
Re: Release of Judgment Liens After Bankruptcy
The bankruptcy discharge relates to your dischargeable debt. A lien can survive bankruptcy. If you want to know if you can avoid eventually having to satisfy the lien in order to remove it from whatever property is involved, you will need to share some facts.
Re: Release of Judgment Liens After Bankruptcy
Quote:
Quoting
Mr. Knowitall
The bankruptcy discharge relates to your dischargeable debt. A lien can survive bankruptcy. If you want to know if you can avoid eventually having to satisfy the lien in order to remove it from whatever property is involved, you will need to share some facts.
working through a short sale (property worth less than owed). 1 mortgage only.
what other info do you need?
Re: Release of Judgment Liens After Bankruptcy
Quote:
Quoting
kev1970
working through a short sale (property worth less than owed). 1 mortgage only.
what other info do you need?
So, are you saying that someone sued you for a debt, got a judgment against you and they put a lien on your home for the judgment? So you have a lien for the judgment and for the mortgage? If not, please explain more fully.
Re: Release of Judgment Liens After Bankruptcy
Quote:
Quoting
llworking
So, are you saying that someone sued you for a debt, got a judgment against you and they put a lien on your home for the judgment? So you have a lien for the judgment and for the mortgage? If not, please explain more fully.
not me. but you're correct.