Court case
I was in a medical malpractice case for the wrongful death of my husband and have lost the case. The defense is seeking a very large amount of money in costs. I will end up bankrupt as I do not have the money to pay. With no other personal debts (i.e. credit cards, car loans etc} will my bankruptcy be handled in the same way?
Posted from: Ontario
Yes and no – your trustee will handle your bankruptcy like any other, BUT if the person you lost the lawsuit to decides to become more involved in your bankruptcy then it may become more complicated.
An example of how they may become involved: they might “oppose” you discharge which means you will be required to appear in Court before you bankruptcy will be completed. The creditor has the right to appear in Court and ask the Court to set conditions on your bankruptcy.
Before you file, you may want to have your lawyer speak to the opposing sides lawyer to discuss your options.