If I win my case for money owed to me, can I ask the judge to put a time period on the payment due?
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If I win my case for money owed to me, can I ask the judge to put a time period on the payment due?
I borrowed my ex-boyfriend money 9 months ago and I have been trying to resolve it between us but he is non-responsive. The amount he owes me is $500. I know that he is going to be filing bankruptcy and I’m worried instead of paying me (if I were to win), that he will write the money he owes me off in his bankruptcy.
Asked on November 4, 2011 under Bankruptcy Law, Wisconsin
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
If you win a lawsuit against your ex-boyfriend for the $500 owed, you can ask the court for a time period for reimbursement, but the court cannot order what you want. If you get a judgment against your former boyfriend and are worried about a bankruptcy filing by him, you need to immediately record an abstract of judgment in your county recorder's office regarding it.
The reason is that by doing so, you will be placed as a higher type of a creditor that someone who does not have a judgment against him and who does not have a recorded judgment.
The other option is to try and work on a payment plan with your former boyfriend and hope he does not file for bankruptcy protection any time soon.
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