Can I file bankruptcy when I am unable to pay damages in a personal injury lawsuit?

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Yes, however, make sure that you consider and revisit all your options prior to filing for bankruptcy in a personal injury case. Bankruptcy should only be considered after a judgment is rendered in the opposing party’s favor. Prior to knowing whether liability will be assessed to you and the amount of damages that are awarded it is almost impossible to know whether or not you will have to file bankruptcy.

 

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