Bankruptcy is designed to help give Americans struggling with financial problems a fresh start. But if one of your financial struggles is (or could be) damages from a personal injury lawsuit judgment, can bankruptcy help? The answer depends on a few factors. Here's what you need to know.
1. Many Judgments Can Be Discharged
The good news for defendants who are ordered to pay damages is that those damages are often dischargeable in the right bankruptcy case.
Road users involved in vehicular crashes suffer different harms depending on the vehicles involved and the impact of the collision. Some crashes result in very severe injuries, such as nerve damage, which can cause serious consequences in your life. In such a case, you should consider filing an injury claim to enable you to recover the expenses associated with your injuries. But, how can you know that you've suffered nerve damage, and how can you get the right payments for the injuries that you suffered?
Most people think of filing for bankruptcy as the last option out of their financial issues. However, this is because the process has far-reaching implications. It is a financial decision that stays in your records for years and affects your credit ratings. However, this is not necessarily negative, especially when you do not have other options. You can choose to see it as the starting point to a new way of being financially free.
Estate planning can be a challenging task even if your financial situation seems fairly simple. Whether you have an existing plan or are preparing to make one, you will want to avoid problematic elements. An estate planning attorney will discourage the following three things.
Generalization
Taken as an entire profession, lawyers dislike generalization. The best law is grounded in specificity, and that's especially the case in estate planning. You can't be too specific in describing anything in an estate.
Immigration lawyers often help people with a wide range of different immigration situations and problems. If you'd like to see a sampling of the different types of situations that these legal professionals can help with, you can start by checking out the list below.
You're Moving to the United States for Work or School
You might not have moved to the United States yet, but you could be thinking about doing so soon because of an opportunity that might be available for you.
