goodgirl008 Posted April 4, 2005 Report Share Posted April 4, 2005 Does anyone have any information on what type of settlements are exempt in a bankruptcy? My husband won a settlement back in Oct. and got it for emotional distress and damages, I was also named on the lawsuit....the problem is, he recently found out about my CC debt after I was served by the sheriff, with a lawsuit from Citibank. Not understanding all the legal stuff, unti I found this board, I did not respond in time to the summons, and I'm guessing a judgement was granted? I never received anything with information on this, until I received (in the mail) paperwork for discovery, and in that there was mention of aide to a judgement. Anyways, to make a long story short....I am considering filing BK on my own, since all the CC is mine and mine alone, but I don't know if the settlement money will be considered exempt, since we received it for emotional distress and not lost wages.....I live in Texas....thanks! Link to comment Share on other sites More sharing options...
admin Posted April 4, 2005 Report Share Posted April 4, 2005 Have you contacted the court to find out if judgment was granted? That's where I'd start. You should be able to look it up under your last name. Link to comment Share on other sites More sharing options...
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