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Should I Vacate a Money Judgment, Settle the Judgment, or File for Bankruptcy?

Should I Vacate a Money Judgment, Settle the Judgment, or File for Bankruptcy?

ASK LEON  Bankruptcy  expert  Leon Bayer answers  real-life questions. Dear Leon,  I have a credit card judgment against me for $20,000. I am trying to improve my credit and am wondering what to do. Should I try to vacate the judgment, settle with the judgment creditor, or file for Chapter 7 bankruptcy?  Here are the facts. I did default on payments for the credit card that is the subject of the judgment.  However, I can prove that the judgment creditor…

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