If you’re facing a financial crisis, such as divorce, lawsuit, wage garnishment, or perhaps a judgment has been entered against you, you may think you’ve waited too long to file for bankruptcy, but that’s not always the case.
In fact, filing for bankruptcy could be your saving grace, no matter what stage of debt collection you’re in.
Timing Bankruptcy When a Lawsuit Has Been Filed Against You
Once you receive a summons, you will have a limited amount of time to file an answer to the complaint. You must answer the complaint or the person suing will win whatever they’re asking for.