Personal Injury and Bankruptcy

When a debtor files bankruptcy, any potential or actual personal injury claim must be disclosed in the bankruptcy schedules.  A personal injury claim is any claim against a person, business, insurance company, or other parties, arising from the personal injury of the plaintiff, or person bringing the claim.  Such claims may arise from an automobile accident, a work related accident, slip and fall, and other forms of injury to the person bringing the claim. Usually, the debtor in bankruptcy can keep the personal injury attorney Read More +

Personal Injury Cases and Bankruptcy

Whenever I’ve signed up a new client after they’ve been injured in some form of crash, I always, always ask the client whether they’re currently in a bankruptcy or if they’re planning to file for bankruptcy. While this may offend some, I ask them whether they’re middle class or wealthy.  An injury with a lots of time out of work can drain just about anyone’s savings to the point of living on credit cards and other economic distress. Why is it relevant? Because once you Read More +

Injury Cases and Bankruptcy

Whenever I sign up a new injury client, I always inquire about the possibility of their filing bankruptcy in the near future. It is an important topic that needs to be explored since it can make the difference between securing a settlement for a client, and getting the client nothing. Since personal injury cases usually take months or sometimes years to resolve, an attorney doesn’t know the financial situation the client is in or will face in the near future and bringing it up early Read More +