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Should I Hire a Bankruptcy Lawyer?
Prior to filing a bankruptcy petition you should seek the advice of a qualified attorney who specializes in bankruptcy. These attorneys can give you legal advice and provide representation to consumers and businesses who are experiencing extreme financial burdens. If you are involved in a foreclosure, or a lien has been placed against your property, or your wages have been garnishes, you can use our attorney directory to locate a qualified Lead Counsel Bankruptcy Lawyer in your area.
Major Credit Problems? A Bankruptcy Attorney Can Help!
Despite bankruptcy filing being unpopular among many Americans, the truth is, most people want to pay their debts but due to unfortunate circumstances such as a job loss or major health issues, they are unable to repay their creditors. Normally when individuals encounter these tough economic hardships, they have been threatened with lawsuits or are defendants in a civil lawsuit, face eviction or foreclosure and loss of their vehicle. As a result their credit rating has declined and there are no other solutions to their problems but to seek protection from the Bankruptcy courts.
By hiring a Bankruptcy attorney whose business is to handle all aspects of bankruptcy law and provide legal methods for an individual debtor or commercial enterprise/business, most learn that their debts could be wiped out by total liquidation or repayment of their creditors through a court-approved reorganization plan in order for them to get back on their feet.
Frequently Asked Questions
What Is Bankruptcy?
A bankruptcy is a legal declaration that an individual or organization is unable to pay its creditors or debts. Bankruptcy filings are mostly regulated by laws under the jurisdiction of the … more
Is child support dischargeable in bankruptcy?
Typically, child support obligations cannot be discharged through bankruptcy. Child support obligations might include other types of support as well, such as medical bills or educational expenses … more
Do I need an attorney to file bankruptcy?
Federal law does not require you to have an attorney. You are allowed to file pro se, that is, on your own without an attorney. However, without the assistance of an attorney, it is extremely … more
Does filing for bankruptcy allow me to modify my child support obligation?
Maybe. If your income has drastically changed for various reasons, such as layoff or illness, then you may be eligible for a modification of your child support obligation. The circumstances under … more
Who Can File For Bankruptcy?
Any person, partnership, corporation or business trust may file bankruptcy. In addition, charitable or social organizations may also file for bankruptcy. United States citizenship is not a … more
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