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exholio
November 8th, 2002, 12:32 PM
After the judgement is filed, file bankruptcy (hold on!)
You only need to list the one debtor. They will receive
a letter from the court saying bankruptcy was filed. Then
have a friend with a business (if no business then have
them apply for an EIN) offer to buy the judgement for
pennies on the dollar. They'll think sure, sucker. They
buy the judgment, and you file papers to stop your
bankruptcy filing. You then pay your friend who then
reports to the credit bureau (if it was listed there)
that the judgement is paid.

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Truth or urban myth? I read this online so take it for what it's worth, probably not much.

pzn
November 8th, 2002, 01:46 PM
Right, but once you start a bankrup. its not only hard to stop, but will still screw your credit. Shortly after that, you would start getting calls from banks, cc's etc.

Good idea, and yes it would stop you from paying anything, and you would still be bound by agreement not to do it again etc etc etc. And at the end of all of that your credit may be screwed. Personally, I'd pay ;)

Just my two cents.

Salty Jizm
November 8th, 2002, 02:10 PM
Also, this would require a friend that is willing to participate in a conspiracy to commit fraud. Don't kid yourself. This is a very dangerous game that you are suggesting.

gunsmoke2
November 8th, 2002, 09:49 PM
DTV might have the right to examine your bankuptcy. They surely do if you name them as the reason you filled for bankruptcy.



GS2