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

How can I protect co-signers from being affected by my bankruptcy?
Is bankruptcy a public record?
What type of information will I need to provide to my attorney before filing for bankruptcy?
What will happen to my creditors if I file for bankruptcy?
Are there any assets that I cannot keep after filing for bankruptcy?
Can I still obtain a loan after filing for bankruptcy?
What are some of the long-term effects of filing for bankruptcy?
How do I know if I qualify for a Chapter 13 bankruptcy?
What is the difference between Chapter 7 bankruptcy and Chapter 13 bankruptcy?
What are the consequences of filing for bankruptcy?

Will filing for bankruptcy stop a lawsuit?

Related FAQs

Related Blog Posts