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Can filing for bankruptcy get you back your license?

Bankruptcy can be beneficial in numerous ways, from the obvious alleviation of financial debt and the stress that goes with it to much lesser-known benefits, and we at Ammerman & Goldberg Bankruptcy Law Office will shed light on both. For example, residents of Washington, D.C. who have had their license suspended may actually have a solution in filing for bankruptcy.

There are certain situations in which a suspended license may be restored by bankruptcy. Minor traffic violations count, for one. For example, unpaid parking tickets or driving without a license can result in your license being suspended. In the case of a parking ticket, you can regain your license for 4 months and then work out a payment plan that works for you in order to pay off the ticket. The payment plan can take place over a period of 3 to 5 years.

If you were driving without insurance and damaged someone else's property, you may also be eligible to have your license restored. This only applies if property alone was damaged, however, and not if anyone actually suffered injuries. By showing that you cannot pay off the property damage by filing for bankruptcy, you can potentially eliminate the suspension that has been placed on your license. This may not hold true if you're battling multiple violations, though.

As always, situations differ from person to person and what may work for someone else may not necessarily work for you. While there are some cases that are exempt from this, it may still be worth checking out if you believe you might fit the proper qualifications. To read more about lifting the suspension on your license through bankruptcy, take a look at our web site.

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