Will filing for bankruptcy stop a lawsuit?

Filing for bankruptcy in Mississippi will not necessarily stop a lawsuit. Bankruptcy is a way to deal with debt, but it is not a shield from lawsuits. Depending on the type of lawsuit, bankruptcy may or may not provide protection. For example, if someone is filing for bankruptcy to get out of paying money on a debt, then the bankruptcy may stop a lawsuit from the creditor. This is because the bankruptcy will prevent the creditor from being able to collect if the court issues a discharge. However, bankruptcy will not shield someone from criminal charges or lawsuits involving child support payments or alimony. In these cases, the debt does not go away because of the bankruptcy filing. It may protect the person from collection attempts, but it will not stop criminal charges or keep someone from being sued for unpaid support. Additionally, a bankruptcy filing does not stop a lawsuit related to a personal injury claim, such as a car accident. In these cases, the bankruptcy will not protect the debtor from being sued for damages caused by their actions. Although it can be a good option for dealing with debt, filing for bankruptcy in Mississippi will not necessarily stop a lawsuit. Depending on the type of lawsuit, bankruptcy may or may not provide protection.

Related FAQs

What debts can I discharge in bankruptcy?
How do I convert my bankruptcy case from a Chapter 7 to a Chapter 13?
What is the difference between a bankruptcy trustee and a bankruptcy lawyer?
What is the difference between secured and unsecured debt?
How long will a bankruptcy stay on my credit report?
What kind of debt counseling is available before and after filing for bankruptcy?
Is it possible to have a bankruptcy case dismissed?
Are there any assets that I will not be able to keep in bankruptcy?
Can I discharge student loan debt through bankruptcy?
How do I know if I qualify for a Chapter 13 bankruptcy?

Will filing for bankruptcy stop a lawsuit?

Related FAQs

Related Blog Posts