Ongoing Civil Case: Must file Bankruptcy...What's the best timing? now or after judgment? Thank you.?
I am currently being sued in civil court, and have no money for an attorney, the case has gone on for a year now in federal court, and have basically lost my business because of all the time I've put into defending myself from something I did not do, and am being "lawyered" to death by 6 lawyers. Because of all this, even if I "would easily win" if I could afford an attorney, I will have to file bankruptcy (chapter 7 for me). Therefore, relating to an ONGOING CIVIL case and a need to file BANKRUPTCY, here's my QUESTIONS if you would please use the same numbering system to answer them so I can keep track (thanks thanks thanks): I would LOVE it if filing the bankruptcy would END the case so I could go on with my life, find another job, build another company etc. I read a lot of yahoo answers and one said “If they haven't gotten judgment against you … then your bankruptcy filing can and will stop the case.”, but I need to be sure. 1) is there any ADVANTAGE to me in filing bankruptcy BEFORE the judgment (now is preferred so that I can go on with my life which has been destroyed)?.... and what will opposition do if they know I’ve filed for bankruptcy? Will they attempt to continue the case when they know the bankruptcy will go thru? If so, why would they continue the case? 2) Since I’m going to be filing In advance" of the judgement, can I "claim" the "injuries" they haven't yet enumerated " ...on my petition for bankruptcy? …or do I just “list the case” and say “amount pending”? THANKS. I know about the "automatic stay" (keeps creditors (I currently have NONE and a perfect credit score I’ve worked hard to build all my life) from coming after you etc). 3) After I file for bankruptcy (I know it takes so many months to go thru), these additional related questions, thanks: 3a) what happens to the current civil case? 3b) what do i tell the judge? Do i have to tell the judge or just inform the other side? 3c) will i still have to finish the case (expected one more year of my life)? 3d) if we're currently in discovery, will it / can it stop discovery / subpoenas etc? 3e) ....or...does it just “suspend” the case until the b/k procedings are over? ...or does the case just continue on in real-time? Thanks so much for answering all of these "sub-parts" to my 'compound" question. :) They're really important to my life and my families lives. Ryan K, That was totally useless. I can't believe you actually answered 195 other people. You're a joke.
Asked By: Thank you - 7/21/2009
Best Answer - Chosen by Asker
Filing bankruptcy does not stop a civil case from proceeding. In fact, the bankruptcy court and federal court are two different jurisdictions that have little to do with the other... More
Answered By: Tracey Seth - 7/21/2009
Additional Answers (1)
You're getting lost in your own analytical mind.
Answered By: Ryan K - 7/21/2009
Over 483 Local Jobs Now Hiring In Your Area. $18-$87/Hr - Apply Today!
Click. Search. Apply. Free!
Jobs hiring near your local area. Part-time, Full-time, Work at home.
Sobre 287 Trabajos en tu area. $15-87/hora - Aplica Ahora.
Other Career Questions
What is your current job? Why did you choose this job? What do you enjoy about your job? What do you dislike about your job? What would be your perfect job? Would you rather have this j...
Where are the jobs? Is productivity and globalization creating a permanent “recession” of jobs? My main issue is I am doing a paper for school and have no idea where to begin. I was hoping suggestions...
Hi ok im 19 and about to start college to do an acess course into a university. Ive been browsing through all the courses and im tottaly stuck! I thought politics but im scared ill end up with some r...
Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.
Best-Paying Work-from-Home Jobs
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
2013 Engineering Jobs Outlook
Engineers will find job opportunities in select disciplines in 2013, with candidates who are all-around, client-oriented businesspeople in demand.
Best-Paying Jobs by Major
What could you earn with a particular four-year degree? Find out by checking out this list of the top-paying jobs for 20 of the most common majors.
Eight High-Paying, Secure Jobs
Want to earn a good salary and enjoy a measure of job security as well? Check out these well-paying jobs on tap for fast growth in the coming years.