The answer to whether or not you can declare bankruptcy for a judgment against you is yes. Some judgments can be discharged in bankruptcy. The only way to determine whether bankruptcy is your best option is to have a comprehensive consultation with a bankruptcy attorney in your area. Keep in mind if you are declared bankrupt you will not be able to open a bank account and you are not likely to
. get a loan in the immediate future. My best advice would be to consult with a bankruptcy attorney in your area to assess your situation and advise you as to your best options. Try visiting http://www.bankruptcyinformation.com/ to read more about bankruptcy.