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John A. Flynn, Esq.
John A. Flynn, Esq., Attorney
Category: Bankruptcy Law
Satisfied Customers: 202
Experience:  14 Years Experience in Bankruptcy - Mid-South Super Lawyer
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My question is in regards XXXXX XXXXX If legal fees are

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My question is in regards XXXXX XXXXX If legal fees are awarded in a Supreme Court Civil Suit, can the legal fees be discharged in Bankruptcy. Assets being A, Annuity, a home. The annuity was purchased with taxed income saved for purchase of annuity to earn income which is also taxable. Legal fees are in excess of $35,000.00
If the legal fees are a part of a judgment, then the judgment might constitute a lien on your home. However, in a Chapter 13 or, if appropriate, Chapter 11, you may be able to void the judicial lien depending on certain factors which you should discuss with a local bankruptcy attorney. Once the lien is avoided, the judgment is simply an unsecured debt which can be discharged in bankruptcy.
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