Top Portsmouth, VA Bankruptcy Lawyers Near You

BankruptcyLawyers | Serving Portsmouth, VA

780 Lynnhaven Parkway, Suite 400, Virginia Beach, VA 23452

BankruptcyLawyers | Serving Portsmouth, VA

PO Box 1322, Chesapeake, VA 23327

BankruptcyLawyers | Serving Portsmouth, VA

2021 Cunningham Drive, Hampton, VA 23666

BankruptcyLawyers | Serving Portsmouth, VA

601 Thimble Shoals Blvd, Suite 210, Newport News, VA 23606

BankruptcyLawyers | Serving Portsmouth, VA

500 East Main Street, Suite 801, Norfolk, VA 23510

BankruptcyLawyers | Serving Portsmouth, VA

101 W Main Street, Suite 705, Norfolk, VA 23510

BankruptcyLawyers | Serving Portsmouth, VA

272 Bendix Rd, Suite 330, Virginia Beach, VA 23452

BankruptcyLawyers | Serving Portsmouth, VA

709 Greenbrier Pkwy, Chesapeake, VA 23320

BankruptcyLawyers | Serving Portsmouth, VA

150 West Main Street, Suite 1600, Norfolk, VA 23510

BankruptcyLawyers | Serving Portsmouth, VA

150 Boush Street, Suite 604, Norfolk, VA 23510

BankruptcyLawyers | Serving Portsmouth, VA

101 West Main Street, Suite 9000, World Trade Center, Norfolk, VA 23510

BankruptcyLawyers | Serving Portsmouth, VA

150 West Main Street, Suite 2100, Norfolk, VA 23510

200 High Street, Suite 302, Portsmouth, VA 23704

BankruptcyLawyers | Serving Portsmouth, VA

500 East Main Street, Suite 1000, Norfolk, VA 23510

BankruptcyLawyers | Serving Portsmouth, VA

870 North Military Highway, Suite 300, Norfolk, VA 23502

BankruptcyLawyers | Serving Portsmouth, VA

575 Lynnhaven Parkway, Suite 200, Virginia Beach, VA 23452

BankruptcyLawyers | Serving Portsmouth, VA

2492 North Landing Road, Suite 104, Virginia Beach, VA 23456

BankruptcyLawyers | Serving Portsmouth, VA

150 Boush Street, Suite 604, Norfolk, VA 23510

BankruptcyLawyers | Serving Portsmouth, VA

258 North Witchduck Road, Suite C, Virginia Beach, VA 23462

BankruptcyLawyers | Serving Portsmouth, VA

101 W Main St, Suite 920, Norfolk, VA 23510

BankruptcyLawyers | Serving Portsmouth, VA

500 East Main Street, Suite 1225, Norfolk, VA 23510

BankruptcyLawyers | Serving Portsmouth, VA

154 Newtown Rd, Suite B2-100, Virginia Beach, VA 23462

BankruptcyLawyers | Serving Portsmouth, VA

1100 Volvo Parkway, Suite 340, Chesapeake, VA 23320

BankruptcyLawyers | Serving Portsmouth, VA

533 Newtown Rd, Ste 101, Virginia Beach, VA 23462

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Portsmouth Bankruptcy Information

Lead Counsel Badge

Lead Counsel Verified Attorneys in Portsmouth

Lead Counsel independently verifies Bankruptcy attorneys in Portsmouth and checks their standing with Virginia bar associations.

Our Verification Process and Criteria

  • Ample Experience

    Attorneys must meet stringent qualifications and prove they practice in the area of law they’re verified in.
  • Good Standing

    Be in good standing with their bar associations and maintain a clean disciplinary record.
  • Annual Review

    Submit to an annual review to retain their Lead Counsel Verified status.
  • Client Commitment

    Pledge to follow the highest quality client service and ethical standards.

What Is Bankruptcy?

Bankruptcy is a legal process that allows people to get out from under debts that are causing serious financial harm. Through the bankruptcy process, you may be able to get rid of debts like medical bills, credit card bills, and other unsecured debts. Factors such as your income and whether you have assets that you can sell to pay off some of the debts are taken into account when filing for bankruptcy and will determine what happens.

What Happens When I File for Bankruptcy?

When you file for bankruptcy, you will be under a federal bankruptcy court’s supervision and protection. During this time, you, your lawyer, the court, and your creditors will work on a plan for discharging your eligible debts. Collectors will also be unable to repossess property and garnish your wages or bank accounts during this time.

How Much Does It Cost To File for Bankruptcy?

There is no easy answer to this question. The ultimate cost will be a mix of court filing fees and what you owe your attorney for guiding you through the process. What you owe will depend on how complicated your case is and whether there are any prolonged disputes with creditors. Most likely, however, the debt relief that comes with bankruptcy will outweigh any fees.

How Long Does Bankruptcy Stay on Your Credit Report?

A Chapter 7 bankruptcy filing will stay on your credit report for up to 10 years, while a Chapter 13 will remain for up to seven years. A bankruptcy filing will also harm your credit score. However, if you need to file for bankruptcy, it’s likely your score is not that high anyway, and your bankruptcy will give you a chance at a fresh start and time to rebuild your credit score.

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