My question involves bankruptcy in the state of: CA
I have a strong change of winning a medical malpractice lawsuit. The medical professional who is going to lose is very wealthy, though probably has his assets well sheltered. He did just go through a recent divorce so his income and expense declarations are there to discover.
Is it really that easy to file bankruptcy when most likely this person makes around $850K per year? Would they do it simply to get out of the judgement? Of which CA, they could settle with me buy purchasing an annuity?
What would be their incentive to not file bankruptcy? How would bankruptcy hurt a successful medical professional?

