Legal Question in Credit and Debt Law in Virginia

My son hit a electric box owned by Dominion Power. They billed me 65K for the replacement of the box. My insurance tried to settle with them but without success. Dominion wants the full amount and will not take less. My policy only covers 20K. I can't afford to pay them 65k. So my question is would I have a chance in court trying to get the amount lower or is it better to file bankruptcy at this point to protect myself from a judgement and wage garnishment?


Asked on 6/14/10, 11:57 am

1 Answer from Attorneys
Daniel Press Chung & Press, P.C.

You should not be able to be held liable for the acts of your son. It is he who should consider bankruptcy, or a settlement, not you, unless there are facts that you have not stated in your question. But whoever is liable would be well advised to consult with bankruptcy counsel sooner rather than later to go over your options.

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Answered on 6/14/10, 3:04 pm


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