Puerto Rican Governor Alejandro Garcia Padilla revealed the country's current state as it braces for impending lawsuits from creditors amidst the nation's long-running debt dilemma.

In an interview with CNBC, Padilla confirmed that they are anticipating possible lawsuits to be filed by those who the country owes money from after the Puerto Rican government was unable to pay their dues.

However, such litigation, he admitted, was going to cost the island a very high price and that it was not going to be very easy to be "100 percent" prepared for such event.

"It will be very costly - that litigation - for the commonwealth and our creditors. Every dollar used to pay lawyers will be a dollar ... not available to pay creditors," he told CNBC.

With this already out, he repeated his previous plea for American lawmakers to give Puerto Rico "the tools" necessary for them to restructure their debts that has reached as much as $70 billion, as well as his grant the country access to U.S. bankruptcy rights.

According to BBC, the governor has repeatedly called for the United States government "to extend bankruptcy protections" to U.S. territory to ease what he deemed as a possible humanitarian crisis.

"What we are asking is for Congress to give us the tools to address this crisis. We do not want a bailout, we just want the tools to solve his crisis," he pleaded.

While cities and public utility companies on the mainland can declare bankruptcy, federal law prohibits US states and territories to declare bankruptcy.

"Puerto Rico's public utilities are heavily debt-burdened, but are not allowed the bankruptcy rights that their mainland counterparts are afforded," the outlet explained.

BBC notes that members of the U.S. Congress are set to discuss the matter in the months to come, following their decision to stop budget debates back in December.

The country was able to pay most of the $1 billion due on Monday, but it was far from enough as the Puerto Rican economy continues to struggle to survive such crisis.

The outlet noted that the country was able to pay the $328.7 million-worth general obligation debt, leading to the nation's second default.

Padilla also revealed to CNBC how they managed to raise funds for the debt by explaining a strategy they call "clawback," which entails raiding other government agencies' budget.

Despite this effort, Puerto Rico is in danger of not being able to pay their upcoming dues in February, which costs $400 million, and the heavier $1.9 billion due in July.