If you are sued, will Bankruptcy help you? The answer to this question may vary depending on the circumstances that led to the lawsuit being filed against you. Many people consider filing for bankruptcy when they have been served with a lawsuit for a collections case and while bankruptcy can help address debts that arise from a lawsuit, there are some noted exceptions. Some debts are not discharged even if you file for bankruptcy. These debts will remain due and you will need to make arrangements to pay these even after your bankruptcy case has successfully concluded. These include:

• Spouse & child support payments.
• Government debt.
• Debts/Claims arising from a DUI.

Other categories of lawsuits that you would remain liable to pay for post bankruptcy filing include: fraud, assault, battery, financial crimes, embezzlement, and crimes that happen as a result of misuse of a position of trust. Are you facing a lawsuit and are considering bankruptcy to avoid paying out a judgment you cannot afford? To see how we can help you today, please feel free to reach out to your Yuba City bankruptcy attorney at (530) 797-4402.

The post FACING A JUDGMENT FROM A LAWSUIT? appeared first on Law Office of Seth L. Hanson.