The bankrutpcy court can take jurisdiction of almost any case, and the trustee can decide if the settlement is fair. If it is for the benefit of the BK estate, the lawsuit is part of the assets he controls.
bankruptcy - chapter 11
no
"Bankruptcy" does not take anything. The Chapter 13 Trustee is the one who "takes" anything there is to be taken. And, no, your settlement - if you mean a retroactive check for disability (SSDI) - is not available to the trustee. If you are talking about a settlement of a lawsuit, probably not, unless the cause of action existed at the time you filed the c. 13 and did not exempt any possible award. Talk to your bankruptcy lawyer.
Yes. History is full of examples.
Consider taking out a lawsuit settlement loan instead of a personal loan. Visit www.lawsuitsettlementcases.co.cc for more details!
Very possibly.
No, it is an asset and must be disclosed.
The safest option is to contact the bankruptcy trustee for guidance. Generally monies received as a personal injury award are exempt. However, the determination of the status of such, is made by the bankruptcy court.
Lawsuit settlement funding can include a cash advance for a settlement. There are several companies that offer lawsuit settlement options.
A lawsuit settlement loan is a loan offered to individuals that need money for a lawsuit settlement. One way to go about getting one is the visit LawsuitFunding at lawsuitssettlementfunding.com and apply for their lawsuit settlement loans.
You can get a personal loan at the bank to help you pay for the settlement now. A law suit settlement loan is a way to get money now if structured payments are set up.
I have closed a business and gone through a divorce leaving me with an unpaid lease of $5,000 and unpaid lease on the business location. Can these be included a bankruptcy?