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Encino Commerce
Jun 27

Can a Personal Injury Settlement Payment be Discharged in Bankruptcy?

Posted by: Personal Injury Attorney  

Can a Personal Injury Settlement Payment be Discharged in Bankruptcy?Serious personal injuries can happen to anyone at any time, and that is why we believe it is important for everyone to understand some of the most essential services that our personal injury lawyer in Los Angeles will be able to provide for them. We also believe that it is important for all of our clients to remain aware of the few complex legal scenarios that they could find themselves in, including being required to make settlement payments while filing or after filing for bankruptcy. Here is a quick glimpse at these laws and how they could affect you and your loved ones.

 


For those that are currently making settlement payments, there are very few legal scenarios in which they will no longer be required to make payments, but bankruptcy could be one of them. Once the bankruptcy papers have been filed, no creditors will be able to seek out payments unless they have been allowed to do so by the bankruptcy judge. The judge will be able to make a decision based on the defense laid out by the legal representation.

These types of situations can become extremely complex and should not be something that anyone should ever take on alone. Those that are filing for bankruptcy could be putting themselves at risk of having their credit score further tarnished if they do not have an effective legal representative by their side. If you are ready to defend yourself, your credit, and your finances, contact the Law Offices of Hamdam and Associates for the Los Angeles pedestrian accident attorney that you deserve.