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Can a company file bankruptcy to get out of a settlement or lawsuit?
Wiki User
∙ 18y ago
Yes. History is full of examples.
Wiki User
∙ 18y ago
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How soon after receiving a settlement from an accident can you file bankruptcy?
This will be considered an asset. You cannot file bankruptcy if you have a number of assets that can be used to pay your creditors. Depending on the amount of the settlement, you should wait years to file bankruptcy.
Did 84 Lumber Company file for bankruptcy?
NO
If a credit card company sues you can you file bankruptcy?
Thier actions, or lack, do not effect your ability to file for bankruptcy.
Should one file for bankruptcy or settle with credit card company?
I have been considering claiming bankruptcy for quite some time now. I have no money and am a student. I was injured on the job a few years back and am going to be receiving a settlement offer from the worker's compensation company soon. The settlement would pay half of my credit card debt. Should I try to settle with the credit card company for less than I owe? Or should I still claim bankruptcy like I was planning originally? If I claim bankruptcy, will the money I get from the settlement be up for grabs? If so, can a bankruptcy lawyer negotiate a settle-for-less deal? Help!
Can a credit card company sue you if you file bankruptcy?
For filing bankruptcy? No. Filing for bankruptcy is not illegal and your right to do so cannot be waived by contract.For fraud? Yes, but the fraud would have to be proven.For the money you owe? Possibly, but pointless, since they are already a creditor and a successful lawsuit will only make them a creditor, which they were to begin with. It wouldn't even raise their standings in the priority of repayment from the bankruptcy discharge.
Is the debt from a personal lawsuit removed when you file for bankruptcy?
no
How soon after receiving a settlement from an accident can you file bankruptcy?
This will be considered an asset. You cannot file bankruptcy if you have a number of assets that can be used to pay your creditors. Depending on the amount of the settlement, you should wait years to file bankruptcy.
Can you file bankruptcy on a civil lawsuit judgment?
If you have pleaded no content to a negligent homicide and have been convicted and the family of the deceased files a civil lawsuit against you in Montana where the accident took place, can you file bankruptcy?
Did 84 Lumber Company file for bankruptcy?
NO
Did Ford Motor Company file for bankruptcy?
No.
If a credit card company sues you can you file bankruptcy?
Thier actions, or lack, do not effect your ability to file for bankruptcy.
How do you get paid from a company that under state investigation?
file a lawsuit
Can a property management company file bankruptcy?
Sure.
Should one file for bankruptcy or settle with credit card company?
I have been considering claiming bankruptcy for quite some time now. I have no money and am a student. I was injured on the job a few years back and am going to be receiving a settlement offer from the worker's compensation company soon. The settlement would pay half of my credit card debt. Should I try to settle with the credit card company for less than I owe? Or should I still claim bankruptcy like I was planning originally? If I claim bankruptcy, will the money I get from the settlement be up for grabs? If so, can a bankruptcy lawyer negotiate a settle-for-less deal? Help!
Is there a time limit stating how long one can file a lawsuit for mesothelioma?
You must file a lawsuit for mesothelioma almost immediately after you have been diagnosed. The longer you wait, the less likelihood your chance of receiving a worthwhile settlement.
How do you Negotiate an Out of Court Settlement with your job?
first, you have to file a civil lawsuit for damages - one you are likely to win. Then your lawyer tries to get a cash settlement for withdrawing the suit.
What do you do if a tow truck company drops your car and it runs into your home?
File a lawsuit
