Posts Tagged 'judgement proof bankruptcpy'

What is a Judgement-Proof Bankruptcy?

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You are judgement-proof when, under the laws of Montana, a judgment creditor has no practical ability to force payment of the judgment. You have no non-exempt assets and your income stream consists solely of exempt income (retirement income, social security, or the like).

Even if you are considered Judgement Proof in the state of Montana, it might still be a good idea to pursue bankruptcy for these three reasons:

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