What is a Bankruptcy Lawyer?
Simply put, a bankruptcy lawyer is a licensed attorney authorized to practice in a (or multiple) federal courts. For example, if an attorney wants to represent an individual located in San Jose, California in that individual’s bankruptcy, the attorney must be admitted to the Northern District of California Federal Court. An admitted attorney in such a jurisdiction is then authorized to represent a bankruptcy debtor in that court.
Next, many attorneys practice primarily or extensively in the field of bankruptcy. Such attorneys can practice on either the debtor’s side (the party filing for bankruptcy) or the creditor’s side (the party whose debts likely would be discharged. Further specialties include consumer bankruptcy attorneys, small business bankruptcy attorneys, larger business bankruptcy attorneys, consumer bankruptcy attorneys that only handle Chapter 7 cases, etc.
For most individuals looking for a bankruptcy attorney, such a practitioner will handle consumer debtor bankruptcy law, including both Chapter 7 and Chapter 13. Most of these attorneys will usually charge a flat rate for their services.
For further questions on choosing the proper attorney to represent you in bankruptcy, contact the Henshaw Law Office today.
Bankruptcy lawyer performs several roles and functions in the bankruptcy case. He will help you to understand your legal issue and nature of your bankruptcy case. After examining your situation he is the only one who will assist you in determining the best course of action to be taken. Bankruptcy attorneys help people in trouble with debt. If you are looking for an experienced attorney then contact bankruptcy Lawyer Wahsingtonville
A Bankruptcy Lawyer is one who deals with all issues arising from the inability of an individual or company to meet its financial obligations. The individual or the company then has to take the assistance of a Bankruptcy Lawyer to present its case before a court. Kinds of cases There are two common kinds of bankruptcies that Bankruptcy Lawyers handle. The first is Chapter 7 bankruptcy, commonly referred to as liquidation bankruptcy. Under this bankruptcy, all assets owned by a debtor other than those that are exempt from liquidation under the law are put up for sale. The sale proceeds are then distributed to creditors. The second kind of bankruptcy is known as Chapter 13 bankruptcy. This bankruptcy is aimed to help a debtor draw up a viable plan to repay the debts. It can be used by a debtor to save foreclosure of house or eliminate part of IRS debt. The best way to handle a bankruptcy situation is to hire a Bankruptcy Lawyer. The Lawyer, after studying different aspects of the situati
A bankruptcy lawyer specializes in the various legal facets of the bankruptcy procedure. The client can be an individual, a business, or even a municipality. The duties of a bankruptcy lawyer include filing a petition declaring bankruptcy, writing reports, reviewing the client’s assets, and attending hearings. Typically, when a client files for bankruptcy, he or she also faces additional legal issues connected to their financial situation, such as home foreclosures, liens, repossessions, creditor lawsuits, and garnishment of wages. Consequently, many bankruptcy lawyers represent their clients through the bankruptcy proceedings as well as for the issues that are connected to it. A bankruptcy lawyer works with a trustee to ensure that a client’s assets are properly liquidated and then sees that the creditors are paid with those assets. Or, the lawyer may work with the Court to create a plan of reorganization and creditor payment. In many cases, a good bankruptcy lawyer can help a client
