Bankruptcy and Car Accident Debts

 


There are both good news and bad news scenarios involving the interaction between car accidents and bankruptcy.

Good News

If you caused an accident through your negligent acts, your personal liability for property damage and personal injury is discharged in a Chapter 7 fresh start bankruptcy.

Bad News

If you caused an accident intentionally or while under the influence of alcohol or drugs, your personal liability is not extinguished in bankruptcy.

The laws on bankruptcy debts relating to accidents are very fact specific.  Only an experienced bankruptcy attorney can advise you properly. For a free consultation with Attorney Fredric Boyk, you can call (419) 327-6160.  It is important to know your rights and obligations.