We had a small single owner LLC in Texas. A company in another state filed a lawsuit in federal court Dec 2016. LLC was inactive from June 2016 and taxes were paid in 2017 but it was forfeited in Dec 2017. We could fight the case since their case is not strong but I have no activity or revenues in this LLC for last 3 years. Now the court is telling us that they could win a default judgement. Should I have filed a bankruptcy (7 or 11) to make sure that they don't win a judgement and try to file a case against me personally? The company has very little debt, not revenues and no assets since January 2016.