From the monthly archives:
A judgment is simply the official decision of a court at the completion of a lawsuit. It merely indicates that the court has resolved the issues brought before it in a lawsuit in favor of either the plaintiff or the defendant. -> How Much Does Bankruptcy Cost? It generally stipulates a monetary award to the [...]
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A reaffirmation agreement in bankruptcy is a new contract signed between you and a lender that reaffirms your debt and personal liability for the obligation. Such an agreement is usually executed for secure property such as an automobile, a boat, a recreational vehicle (such as a motor home) or an airplane. Before signing an agreement [...]
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As a dumb 20-something, I day traded away over a quarter-million dollars and found myself deep in debt.
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