I\’m being sued by a passenger of a vehicle that I was driving. The amount is far more than I would be able to pay ( > 100000). If I chose the bankruptcy route what would happen to this judgment?
Bankruptcy Alberta: Free Information about Bankruptcy in Alberta
This depends on the type of law suit you are dealing with. What you need to do is to bring a copy of the relating documents to a local trustee and have them review the exact nature of this judgement and they will be able to determine if it is a debt that can be released if a bankruptcy is filed.