Is it legal to file chapter 7 bankruptcy just so you don’t have to payout in a lawsuit?
My husband and I filed a lawsuit against an individual over a year ago. We’re a week out from the deposition and he just filed a lawsuit. He claims he had to do it because of the lawsuit but he doesn’t even know the monetary amount we’re suing him for at this point. How is that possible?
I intended to type . . . he just filed for bankruptcy, not a lawsuit.
You can get all the information on Bankruptcy here and clear your doubts…
http://bankruptcy-info.we.bs/
January 23rd, 2010 at 5:38 pm
Yes, but when you do you will be putting yourself in the hands of a judge who will decide what you owe and who you owe it to.
References :
January 23rd, 2010 at 6:03 pm
You can’t file for bankruptcy to avoid paying a lawsuit. You can file for bankruptcy if the lawsuit puts yourself in over your head. That means you will be screwing all your other creditors also. But figure on most of your liquid assets being gone in the process.
References :
January 23rd, 2010 at 6:47 pm
Hi,
I used "Credit Solution" to settle my debt and avoid bankruptcy.They managed to reduce my debt up to 58% and improve my credit score .It’s legitimate . I came across this company on NBC News Special Edition.Check it out here:
http://Credit-Solutions.notlong.com
References :
January 23rd, 2010 at 7:12 pm
You can get all the information on Bankruptcy here and clear your doubts…
http://bankruptcy-info.we.bs/
References :
http://www.loan-house.info/2009/09/choosing-right-bankruptcy-attorney.html