If I lose a civil lawsuit, can I declare bankruptcy if the amount exceeds my assets & salary?
I am being sued by a hospital that advanced me a salary for 2 years. The "employer" was to have the advance be paid back by the practice, but he released me after 2 more years. His name is not on the hospital paperwork. I currently have assets <20,000 - 30,000 - no stock, no ira or life insurance. I want to know when to file for bankruptcy - before I lose this case or after.