“Our small business (an LLC in Georgia) was sued over an auto accident, and our insurance company denied coverage. The business already has a lot of debt, so a judgment could sink us.”source ↗

“We're trying to figure out our options. Is it worth fighting the insurance denial? Does it make sense to try to settle, or to look at bankruptcy for the LLC? What happens to the owners personally if the business can't pay?”source ↗

“I haven’t received an official damage claim yet, but I’m concerned that I could be 99% have a chance of facing a bill of €30,000–€50,000 or potentially more.”source ↗

“The not knowing currently is driving me nuts especially because it's spain and also my lawyer already said it can take years before they complete the lawsuit etc with the police.”source ↗

“I blew 0,01% above legal spanish limit. Accident didn't happen because of it but doesn't matter for the sake anyway because sixt will claim on their policies all the time since they have a 0% tolerance”source ↗

“I will not be insured probaly, i had 2 beers and they have a zero tolerance policy .”source ↗

“Alright so before I begin, I understand I was insanely dumb to be driving with no insurance.”source ↗

“What do I do? Where do I start? How screwed am I?”source ↗

“My wife and I were literally days away from filing Chapter 7. We have roughly **$60k in credit-card debt** plus a **$150k COVID EIDL** tied to our small business.”source ↗

“Then, days before we filed, I was **rear-ended by a drunk driver while stopped at a light**, suffered a severe shoulder/arm fracture, had major surgery, and now have a potentially significant personal-injury claim.”source ↗

“What I’re struggling with is the strategy from here. **Would you start contacting the credit-card companies now about hardship/settlement options, or let the accounts age longer first?**”source ↗