I was Involved in a car Accident, Injured party filed medical bill claim of 300k with insurance company due to broken leg. Insurance company covers upto 50k but who will be responsible for remaining.
Shall i file Bankruptcy which effect my future greencard status.
If court decides to make monthly payments to injured person, What if i loose my job, what happens to monthly payments and also I will be out of status?
am I eligible to file for Asylum?
Thanks in-advance for your answer
Do not file a bankruptcy petition at this time. Just because an injured person demands $300K doesn't mean they will recover that much, or even any amount approaching that much. The other driver may have Underinsured Motorist Coverage to pick up when the $50K policy is exhausted. You should consult an attorney to give you more detailed advice as to how best to protect yourself. You should also tell your insurance company defense attorney that you want, and expect him/her to settle the claim within your policy limits. Good luck with this matter.
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