Yes it will. You will likely lose the right to control the law suit and the negotiations. Filing for bankruptcy during the pendency of a personal injury claim will likely lead to the bankruptcy trustee taking over the case. Normally they will work out a new fee agreement with your attorney that allows you the injured person less than 1/3 of the settlement. Because the lawyer will have to advance expenses and have no recourse to recover expenses in the event the case goes south, they will be want a higher percentage; probably 40% of the recovery, plus expenses with the remainder being split evenly between the trustee and the injured party. Yeah I know you don't like this, but face facts this is a business and we too have a gas and electric bill to pay. 
  
 If we can be of assistance call us. Iowa personal injury accidents call the Lombardi Law Firm.  www.lombardilaw.com  or  sdlombardi@aol.com . 515-222-1110.

Will filing bankruptcy affect my personal injury law suit?

 



For good advice see a lawyer and if you have questions about this blog, the law or your case write or call me directly. Steve Lombardi, sdlombardi@aol.com and 515-222-1110. I handle all types of personal injury cases including car accidents, truck accidents, motorcycle accidents, workers' compensation cases. We help truckers all across the country who come through Iowa and end up in an accident. If we need other lawyers from other states we hire them and it costs you no more than what you would pay us; in other words, we split the fee between us. So call 515-222-1110 or email us at sdlombardi@aol.com. 
Steve Lombardi, Attorney



A:

Yes it will. You will likely lose the right to control the law suit and the negotiations. Filing for bankruptcy during the pendency of a personal injury claim will likely lead to the bankruptcy trustee taking over the case. Normally they will work out a new fee agreement with your attorney that allows you the injured person less than 1/3 of the settlement. Because the lawyer will have to advance expenses and have no recourse to recover expenses in the event the case goes south, they will be want a higher percentage; probably 40% of the recovery, plus expenses with the remainder being split evenly between the trustee and the injured party. Yeah I know you don't like this, but face facts this is a business and we too have a gas and electric bill to pay. 
If we can be of assistance call us. Iowa personal injury accidents call the Lombardi Law Firm. www.lombardilaw.com or sdlombardi@aol.com. 515-222-1110. 




Welcome to the Lombardi Law Firm website. Knowing your rights and how to protect yourself is important. Always be alert to risks that can cause you injury or get you killed.  Steve Lombardi provides commentary and insight on this blog, The Verdict and also writes for the Iowa Edict and on occasion on the Des Moines Register web site. Steve Lombardi has more than 30 years in civil litigation including death and injury cases for workers and their spouses for all types of accidents and injuries. Attorney Steve Lombardi is a personal injury lawyer. Join us in making the world a safer place. (515-222-1110 or sdlombardi@aol.com )
Steve Lombardi, lawyer



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