Legal Question in Bankruptcy in California

Bankruptcy provides powerful protection from creditors. It can fully eliminate all or a substantial portion of your liabilities. It is often the most cost-effective means of overcoming the tremendous burden of debt. Bankruptcy can easily be your smartest financial decision. However, eligibility and processing of a bankruptcy case is very complex. You should consult a bankruptcy attorney in your location in order to determine whether you personally qualify. Do not delay. Good luck and we hope you find a fresh start and a better future.

FIRST OF ALL you need to immediately calendar your response date to the lawsuit (by your creditor). Usually the response date is 30 days from the date you are/were served with lawsuit. If you don't timely respond, the creditor will obtain a default judgment against you and can execute on the judgment, including levying upon your bank accounts, garnishing your wages, etc. Depending upon the nature of the claim/lawsuit, a bankruptcy may eliminate your liability to the creditor.

NEXT, in answer to your specific question, yes you can still file bankruptcy, assuming that you otherwise qualify to file. Only an attorney can tell you if you qualify to file bankruptcy.

Amir Aalam

AALAM LAW FIRM