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Bankruptcy and lawsuit settlement

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tiffers

Junior Member
What is the name of your state?What is the name of your state? KY
I have a lawsuit against a former employer for sexual harrassment that finally has a trial date of May 1, 2006. However I am getting ready to file bankruptcy and am wondering how that will affect a settlement if there is one??? I don't mind if the amount of my total debt (from bankruptcy) is deducted from the settlement but I don't want to lose it all???

Thanks
 


bigun

Senior Member
You'll have to disclose the pending litigation. If you win, the trustee may consider it part of the bk estate unless there is some specific state exemption for such an award.
Disclose this to your bk attorney.
 

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