Yes. History is full of examples.
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.
NO
Thier actions, or lack, do not effect your ability to file for bankruptcy.
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!
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.
no
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.
NO
No.
Thier actions, or lack, do not effect your ability to file for bankruptcy.
Sure.
file a lawsuit
Bankruptcy can discharge certain types of civil lawsuit judgments, such as those related to debt or damages. However, there are exceptions for judgments related to fraud, intentional misconduct, or certain other offenses. It's best to consult with a bankruptcy attorney to determine if your specific judgment can be discharged.
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!
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.
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.
An adversary is just a lawsuit. If you don't want the judge to rule against you you need to file an answer.