Should you file bankruptcy to avoid judgment being entered against you?  Not an uncommon question around here.  First of all lets talk about what a judgment is all about: A judgment is the result when you are sued and either don’t respond to the lawsuit or lose the lawsuit. The judge, in finding in favor of…

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Bankruptcy can be a valuable tool to stop a lawsuit.  It depends, of course, on what kind of bankruptcy you file and if your debts are dischargeable or nondischargeable.   Many people file what is called a preemptive bankruptcy where they file after being sued by a creditor but before a judgment is actually entered…

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