Many people who are injured at work are faced with the difficult task of paying their bills on a lower income, or sometimes no income at all. Time off of work, termination from work and the high cost of medical care are all factors that can lead an injured worker and his/her family to the difficult decision to file for Chapter 7 Bankruptcy. If you have been injured on the job and are now considering filing for Bankruptcy protection from you creditors, you may want to talk to an attorney first so that you can develop a strategy to fit your unique situation; for example: If you have a workers’ compensation claim and are considering filing for Chapter 7 Bankruptcy, you may want to file your Bankruptcy petition before you settle your workers’ compensation claim. By filing for the Chapter 7 Bankruptcy protection before you settle your workers’ compensation claim, you are protected by the Bankruptcy Court under the Automatic Stay so that the funds you receive from your settlement are protected and unsecured creditors may not collect from these moneys.
