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I have a Notice of Hearing- Mandatory Settlement Conference

as an owner before the...
I have a Notice of Hearing- Mandatory Settlement Conference as an owner before the Workers Compensation Appeals Board. The claim is frauglent yet the claiment has put together thousands in medical bills. The last 3 clients the claiment worked for are writing strong letters of complaint about her. She & her attorney are willing to settle for $25,000
No one thinks we should settle- as everyone knows she only cares about getting money from us & the system. I am a very small co with little or no profits. I have no workers comp. only a bond & insurance. Question- I have been told to file BK as it all goes away at that point. Do I need to file bk before the Settlement conference on the 29th of this month.
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Answered in 8 minutes by:
2/4/2012
Ellen
Ellen, Attorney
Category: Bankruptcy Law
Satisfied Customers: 36,715
Experience: Bankruptcy Lawyer. Experienced.
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WebLaw :

*This chat is not intended as legal advice. It is general information that may or may not apply to your situation and should not be relied upon.*

WebLaw :

Welcome to JustAnswer,

So sorry to hear of this dilemma. If my answer is not clear to you or does not fully answer your question, please ask me for clarification by using the reply button.

WebLaw :

Your Question- I have been told to file BK as it all goes away at that point. Do I need to file bk before the Settlement conference on the 29th of this month.

WebLaw :

My Answer – No you do not need to file bankruptcy before the settlement conference in order for the debt to be discharged in bankruptcy

WebLaw :

The dischargeability of the debt will not be affected by whether you file before or after the settlement conference

WebLaw :


I think this is what you wanted to know. Please use the REPLY button if you have any questions concerning my answer. Otherwise please click ACCEPT so that I am paid by the site for answering.

Ellen
Ellen, Attorney
Category: Bankruptcy Law
Satisfied Customers: 36,715
Experience: Bankruptcy Lawyer. Experienced.
Verified
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Ellen
Ellen
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