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What Can I Keep if I File For Chapter 7 Bankruptcy?

Sawin & Shea

In some cases, debt collectors may take legal action by filing a lawsuit against you to obtain a court judgment. If the court grants a judgment in favor of the creditor, they have additional collection options, such as wage garnishment, bank account levies, or placing liens on the debtor’s property.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

Under the terms of the settlement, the company must vacate every judgment it obtained against consumers in the Leominster District Court (the improper forum in many instances), subject to certain conditions, in addition to paying the $500,000 to the state. million worth of judgments are expected to be vacated. An estimated $2.1