Results 1 to 2 of 2
  1. #1
    Join Date
    Sep 2016
    Posts
    13,916

    Default Should You File for Bankruptcy or Default and See What Happens

    After a long illness, I missed a lot of time from work and had a lot of medical bills. I have no savings left. I returned to work, but my medical problems are back and I will soon be disabled. My total savings is less than $10,000 in a retirement account, and I have next to no other assets.

    Should I file for bankruptcy, or should I simply ignore my bills and see what my creditors do. I'm uncollectable.

  2. #2
    Join Date
    Sep 2005
    Location
    Behind a Desk
    Posts
    98,846

    Default Re: Should You File for Bankruptcy or Default and See What Happens

    You should consider bankruptcy, and see if you can get help from legal aid. The clean slate may be helpful, even if you end up on SSDI or SSI, and you won't have to worry about being sued or hounded by bill collectors.

    1. Sponsored Links
       

Similar Threads

  1. Case Scheduling: How Long After Service Can You File for a Default
    By Victory VI in forum Civil Procedure
    Replies: 1
    Last Post: 04-13-2016, 09:46 AM
  2. Default Judgments: What to File After Default Judgement
    By goldhunter_2 in forum Civil Procedure
    Replies: 2
    Last Post: 10-19-2010, 09:27 PM
  3. Eviction Process: How to File a Motion to Set Aside a Fraudulent Default Judgment
    By deafbusta in forum Landlord-Tenant Law
    Replies: 1
    Last Post: 06-24-2010, 10:54 PM
  4. Debt Collectors: Considering Bankruptcy - Default Judgements
    By daxfalco in forum Debts and Collections
    Replies: 1
    Last Post: 03-18-2010, 11:17 AM
  5. Debt Collectors: How To File A Response To A Summons Before Default Happens
    By bobolong in forum Debts and Collections
    Replies: 1
    Last Post: 03-28-2006, 06:58 AM
 
 
Sponsored Links

Legal Help, Information and Resources