QUESTION
Can I file bankruptcy in a lawsuit that pertaining to a personal injury that happened 2 years ago?
Asked on Dec 26th, 2013 on Automobile Accidents - Nevada
More details to this question:
At that time both parties agreed to no personal injury, but now they claim they need to be compensated for injury for everyone in their vehicle( 3 people) $25,000 a piece, I'm not working so can I file for bankruptcy against it, I also have debts of student loans and credit cards, could that be included also?
5 ANSWERS
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yes you can. You need to get some advice if you really need to do it. Student loans will not go away with bankruptcy.
Answered on Dec 30th, 2013 at 6:33 AM
Edwin K. Niles
Didn't you have insurance at the time, as required by law? If so, turn it over the insurance company. If not, say so to the attorney who has contacted you, he won't want to chase you personally.
Answered on Dec 27th, 2013 at 8:17 PM
Ronald A. Steinberg
Yes, you may file for bankruptcy.
Answered on Dec 27th, 2013 at 8:16 PM
James Eugene Hasser
From the personal injury standpoint, they have 2 years to sue. If they do, turn it over to your insurance company. If you don't have insurance and they get a judgment, you can bankrupt on the judgment. I can't speak to the other debts. Consult a bankruptcy lawyer on them. Good luck.
Answered on Dec 27th, 2013 at 11:50 AM
Bankruptcy should usually be your last option. First, turn the matter over to your insurance company to defend and settle the matter. Even if they got a judgment against you, it looks like they could not collect it since you are not working and have no assets.
Answered on Dec 27th, 2013 at 10:40 AM