Bankruptcy Law Questions? Ask a Bankruptcy Lawyer Now.
Hi - my name is XXXXX XXXXX I'm a Bankruptcy attorney here to assist you.
Yes - if you file a Bankruptcy before the current lawsuit is resolved, your Bankruptcy can discharge any potential claim. The result of filing a Bankruptcy will be to initially suspend (stay) the lawsuit proceedings, and then the lawsuit will be dismissed upon the conclusion (discharge) of the Bankruptcy case.
In other words, it is not necessary that a lawsuit be resolved (judge's decision or party stipulation) to discharge the claim.
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