Recently I met with a man who had some questions about a potential bankruptcy. He was in a car accident two years ago. No one was hurt in the accident, but the crash was his fault. Unfortunately, he didn't have car insurance. The insurance company that paid for the damage sued him for the cost of the accident. The insurance company was able to win a judgment against the man in the thousands of dollars, and the Bureau of Motor Vehicles suspended his license. Could bankruptcy help him? Bankruptcy can help, I said. A Chapter 7 bankruptcy discharges (gets rid of) many debts. One of the types of debt that can be discharged is a judgment from a car accident. However, to discharge this debt there must not have been a death or personal injury caused by your operation of the motor vehicle while you were intoxicated from alcohol, a drug or another substance. If you meet these guidelines, then not only can you discharge the judgment from the car accident but you can also discharge your reinstatement fees that are normally charged by the Ohio Bureau of Motor Vehicles. Bankruptcy requires you to list all your debts and assets. So, while we are discharging the judgment and reinstatement fees we are also going to list all those credit card debts, medical bills, personal loans, etc. A bankruptcy attorney can help you get rid of many types of debt. While some people decide to file bankruptcy without an attorney, there are several good reasons to consult with a bankruptcy lawyer before you file. One of the biggest reasons is that you can be sure that your bankruptcy paperwork is filed correctly and that someone is working to make sure that your rights are protected under a bankruptcy. If you have questions about how bankruptcy can help you, then call our office at (877) 288-3241 to schedule a free consultation with one of our bankruptcy attorneys. You can also fill out our bankruptcy evaluation to find out if bankruptcy is the right choice for your situation.
Reinstating Your Drivers License: How Bankruptcy Can Help
