Like most clients, you would probably opt for a Chapter 7 bankruptcy to eliminate most or all of your debts within a short period of time. Any assets that are considered non-exempt can be liquidated to pay part of your outstanding bills.
While Chapter 13 bankruptcy may not be as quick as a Chapter 7 bankruptcy, it is the next best thing. Under a Chapter 13, you make a monthly payment to a court appointed trustee to pay some or all of your debts back based on what you can afford. Generally, you are able to keep all of your properties.
Personal injury lawsuit is a legal process through which you can get compensation from the people responsible for you injury. In a personal injury claim, you need to show that the defendant is liable and that you suffered personal damage. The defendant is found liable if he or she acted negligently in causing your injury.