I just found out that I am getting sued…If the lawsuit is successful would a bankruptcy cover it?
In a civil case, not criminal…we are struggling as it is..no way can we afford to pay this off, if forced to..we will have to declare bankruptcy…
If the lawsuit is sucessful would a bankruptcy cover it?
We have already told the opposing attorney we can’t afford to fight this…
Yes, the filing of a bankruptcy would erase a civil lawsuit debt upon the bankrupt’s discharge.
Even filing before the conclusion of the lawsuit would kill the lawsuit and prevent you from being sued successfully.