What is the name of your state? KS
The other car's insurance company is seeking $4,500 from me for damages to their car. No one was injured, I was at fault and didn't have insurance. I offered to pay that insurance company a third, $1,500, of this amount and they said they would settle for $2,000 and I'm suppose to pay by the end of this month or they would file a lawsuit against me. I was issued a ticket at the scene and already paid it.
I have been a lowly hourly-wage worker all my life but I haven't had a job for several months now and just started a holiday job working at the mall. It's only part-time, only enouth to pay for rent and bills for this month. I can't ask for more hours since they set the number of hours everyone works and they only have so many hours. I do have $2,000 in the bank because they say to have 6-12 months saved up. This is so much money for me that I've worked so hard to save up. Could I do some sort of asset protection now or would this be considered "fraudulent transfer"? Or should I file for bankruptcy? The thing is they came down to $2,000 or otherwise I said I would have to file for bankruptcy if it was much higher.
The other car's insurance company is seeking $4,500 from me for damages to their car. No one was injured, I was at fault and didn't have insurance. I offered to pay that insurance company a third, $1,500, of this amount and they said they would settle for $2,000 and I'm suppose to pay by the end of this month or they would file a lawsuit against me. I was issued a ticket at the scene and already paid it.
I have been a lowly hourly-wage worker all my life but I haven't had a job for several months now and just started a holiday job working at the mall. It's only part-time, only enouth to pay for rent and bills for this month. I can't ask for more hours since they set the number of hours everyone works and they only have so many hours. I do have $2,000 in the bank because they say to have 6-12 months saved up. This is so much money for me that I've worked so hard to save up. Could I do some sort of asset protection now or would this be considered "fraudulent transfer"? Or should I file for bankruptcy? The thing is they came down to $2,000 or otherwise I said I would have to file for bankruptcy if it was much higher.
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