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What else can I help you with?
Is product liability lawsuit exempt from chapter 7 bankruptcy asset?
No, it is an asset and must be disclosed.
Will your lawsuit against employer be affected by the chapter 11 bankruptcy filing?
Very possibly.
Which of these protects a person who is at fault in an accident against lawsuit?
bodily injury liability coverage
Are the penalties from a lawsuit taxable?
The penalties from a lawsuit is considered taxable income. The amount of tax depends on the amount of the settlement.
How do you stop lawsuits or judgments against you by creditors?
The only option for stopping a lawsuit and/or obtaining relief of judgments is filing bankruptcy. Otherwise, once a creditor has filed a lawsuit against you and you receive notice of the hearing, or recovered a judgment against you, you cannot stop the process.
What do you do when a creditor in bankruptcy files an adversary proceeding?
An adversary is just a lawsuit. If you don't want the judge to rule against you you need to file an answer.
Does someone in bankruptcy have to answer a civil lawsuit?
Of course.
What does liability insurance protect against?
You can be sued for injuring someone, even unintentionally (as when someone gets hurt on your property). Then you are liable for damages. Liability insurance pays the damages if you lose a lawsuit.
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?
Is the debt from a personal lawsuit removed when you file for bankruptcy?
no
Is Chipco involved in a lawsuit?
bankruptcy - chapter 11
What is release of tortfeasor?
A technical defense that prohibits a lawsuit against the person who caused an injury (the tortfeasor) if he or she was expressly released from further liability in the statement of a suit.
