Mr. Daymude is correct in that it appears you have nothing to protect at present. However, you would benefit from a consultation with an experienced bankruptcy practitioner to learn more about how the system works and prepare effectively for receiving your settlement. Many of the best offer consultations at no-cost/no-obligation and if you find one that is helpful now, you will know who to hire when it is time to file your bankruptcy or you need asssitnace in negotiating settlement with your creditors.
In the meantime, you are not required to have a conversation with any creditors, but if you are trapped into one, tell them you are unemployed and homeless and counsel advises you are collection-proof and have a nice day.
Best wishes for a favorable outcome, and please remember to designate a best answer.
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Why would you want to file bankruptcy? You have nothing to protect. If you are homeless your creditors cannot contact or harass you. You're judgment proof. Wait until you have something to protect. You can only obtain a discharge once every 8 years. So, it makes sense to wait until you have assets to protect. Good luck.
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Work on getting your health back and your Workers Comp case resolved. As far as creditors are concerned, you don't have to talk with them. Tell them you wish for everything to be sent in writing and when they ask you for your address let them know you are homeless. That should slow some of the calls. Good luck with your recoveryAsk a similar question
All good advice by the others; but to answer your question ... No, you do not have to wait for your settlement to file BK. In fact, if you are going to file, it might be better to file BEFORE your settlement since it is more easily exempted before it becomes money in the bank.Ask a similar question
You seem to be judgment proof and should focus on rebuilding your life now, rather than the bankruptcy.
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