Bankruptcy Lawyers Nationwide | Consumer Bankruptcy Lawyers

Debtor & Creditor Representation

Bankruptcy Lawyers Specializing in Consumer,

Business Bankruptcy,

& Chapter 7 Trustee

 

YOU ARE NOT ALONE,
You have options to get your life back on track.

Bankruptcy can be a devastating blow to an individual, a small business, or a multi-million dollar corporation. If you find yourself struggling with credit card bills, medical obligations, mortgage payments or find yourself at the crossroads of a life changing event like: divorce, loss of job, medical emergencies, or death, such catastrophic events can make it nearly impossible to stay on track and on top of debt. Our team of skilled and qualified lawyers is here to help by eliminating debt and giving you a fresh start.

Bankruptcy is the process of seeking relief from debts by a business or individual. The Federal Law provides a calculated plan that allows a debtor who is unable to pay his creditors to resolve his debts through the division of his or her assets. The procedures involved in invoking bankruptcy are overseen by and litigated in the United States Bankruptcy Courts. The Bankruptcy Code allows the debtor to organize his or her assets for settling the debt in a realistic manner, and provides that creditors must stop all collection efforts.

Federal bankruptcy law also regulates how commercial/private companies recover from crippling debt. A bankrupt company might use Chapter 11 of the Bankruptcy Code to "reorganize" its business and attempt to become profitable again. Management continues to run the daily business operations but a bankruptcy court must access and approve major financial decisions of the company.

How Assets Are Divided?

  • Secured Creditors – such as banks, are often the first to be paid.
  • Unsecured Creditors – bondholders and suppliers, have the next claim.
  • Stockholders - owners of the company have the last claim on assets and may not receive anything if the secured and unsecured creditors' claims are not repaid.

What can our Bankruptcy Lawyers do for you?

  • We will file claim(s) of bankruptcy
  • We will research all laws such as recent verdicts and changes in legal doctrine related to bankruptcy
  • We will appear in court for you

Text Box: Every day, people just like you decide to file for bankruptcy.If you're considering filing for bankruptcy, you're most certainly wondering how bankruptcy will affect your credit. While it's true that bankruptcy stays on a credit report for up to 10 years, it’s important to know that after a successful bankruptcy filing once the slate is "wiped clean” you can instantly start rebuilding you’re credit.

In fact, many people gain even stronger credit scores after filing bankruptcy because their old debt is gone and they are able to start fresh.

Bankruptcy laws have helped millions of Americans get out of debt. They've also helped people stop creditor harassment.

If you're looking for relief, talk to our bankruptcy lawyers about options for getting your life back on track.


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