Legal Question in Bankruptcy in Michigan
workers comp settlements with bankruptcy
I have a workers comp. settlement coming from illinois when I lived there. I recently had a lien put against me in michigan for a car repo-d a few years back. I want to file for bankruptcy, I am about 10k dollars in debt total. Is my workers comp settlement able to be taken from the lien in another state? and will filing bankruptcy cause them to take my settlement, if I file before I get it or after I get it (the settlement) I am confused on this and would be filing bankruptcy in michigan and live in michigan now. all my debts I owe are from michigan, but the settlement comes from living one year in chicago, illinois. Any information you can give me would be greatly appreciated. Thank you!
1 Answer from Attorneys
Re: workers comp settlements with bankruptcy
I do not personally believe that $10,000 of debt justifies bankrutpcy. If you get a workers comp. settlement, it would most likely be used to pay your creditors. You might be better off trying to negotiate your debts with your settlement money.
Related Questions & Answers
-
Co-debtor Hello, I recently was notified that I was resposible for paying a 5,000.00... Asked 11/10/06, 12:14 pm in United States Michigan Bankruptcy Law
-
Charging credit cards what if I go out and charge all my charge cards to the max and... Asked 10/31/06, 11:31 am in United States Michigan Bankruptcy Law
-
Friend needs help on a foreclosure What can an 86yr. old woman do about being... Asked 10/23/06, 12:17 am in United States Michigan Bankruptcy Law
-
Filing without spouses knowledge Can I file Chapter 7 in my own name without my... Asked 10/22/06, 2:50 pm in United States Michigan Bankruptcy Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
