Best Bankruptcy Lawyers - November 2024

Khyshboo Patel

Bankruptcy and debt

  • Bankruptcy and debt, Business and Creditor's Rights
  • with 10 years of experience
Free Consultation

0 reviews

Free Consultation

Michael Paul Klein

Bankruptcy and debt Lawyer Serving at Bainbridge Island - Washington

330 Madison Ave S Ste 105, Washington, 98110-3089
  • Bankruptcy and debt, Business, Commercial and Real Estate
  • Bainbridge Island, Washington Bankruptcy and debt Lawyer with 36 years of experience

0 reviews

Lawyer Serving at Bainbridge Island - Washington

330 Madison Ave S Ste 105, Washington, 98110-3089

Paul D Thimons

Bankruptcy and debt Lawyer Serving at Port Orchard - Washington

819 Cline Ave, Washington, 98366-4301
  • Bankruptcy and debt and Criminal Defense
  • Port Orchard, Washington Bankruptcy and debt Lawyer with 24 years of experience

0 reviews

Lawyer Serving at Port Orchard - Washington

819 Cline Ave, Washington, 98366-4301

Cathy Lanet Scarver

Bankruptcy and debt Lawyer Serving at Marietta - Georgia

PO Box 672587, Georgia, 30006
  • Bankruptcy and debt
  • Marietta, Georgia Bankruptcy and debt Lawyer with 23 years of experience
Free Consultation (404) 551-5142

0 reviews

Lawyer Serving at Marietta - Georgia

PO Box 672587, Georgia, 30006
Free Consultation (404) 551-5142

Michael Louis Parrott

Bankruptcy and debt Lawyer Serving at Seattle - Washington

5500 701 Fifth Avenue, Washington, 98104
  • Bankruptcy and debt, Debt and Lending Agreements and Litigation
  • Seattle, Washington Bankruptcy and debt Lawyer with 5 years of experience

0 reviews

Lawyer Serving at Seattle - Washington

5500 701 Fifth Avenue, Washington, 98104

James E LeBlanc

Bankruptcy and debt Lawyer Serving at Vancouver - Washington

100 W 11th St Ste 1, Washington, 98660-3352
  • Bankruptcy and debt, Business, Commercial, Estate Planning, Probate, Wills and Living Wills and Family
  • Vancouver, Washington Bankruptcy and debt Lawyer with 13 years of experience

0 reviews

Lawyer Serving at Vancouver - Washington

100 W 11th St Ste 1, Washington, 98660-3352

Carolyn Frederick

Bankruptcy and debt Lawyer Serving at Bellevue - Washington

10900 NE 4th St Ste 1850, Washington, 98004-8341
  • Bankruptcy and debt, Business, Commercial, Real Estate and Securities Offerings
  • Bellevue, Washington Bankruptcy and debt Lawyer

0 reviews

Lawyer Serving at Bellevue - Washington

10900 NE 4th St Ste 1850, Washington, 98004-8341

Susan Delaine Hill

Family Lawyer Serving at Cross Lanes - West Virginia

Susie Hill Attorney At Law, PLLC 5013 Bennington Dr , West Virginia, 25313
  • Family, Divorce and Separation, Bankruptcy and debt and Chapter 7 Bankruptcy
  • Cross Lanes, West Virginia Family Lawyer with 17 years of experience
Free Consultation (304) 941-6666

0 reviews

Lawyer Serving at Cross Lanes - West Virginia

Susie Hill Attorney At Law, PLLC 5013 Bennington Dr , West Virginia, 25313
Free Consultation (304) 941-6666

Keen nan Ellsworth

Estate Planning Lawyer Serving at Las Vegas - Nevada

Office/Meeting Address, 777 N Rainbow Blvd, Ste 270, Nevada, 89107
  • Estate Planning, Guardianship, Health Care, Trusts, Limited Liability Company (LLC), Business, Franchising, Mergers and Acquisitions, Lawsuits and Disputes, ...
  • Las Vegas, Nevada Estate Planning Lawyer
Free Consultation (702) 767-9987

0 reviews

Lawyer Serving at Las Vegas - Nevada

Office/Meeting Address, 777 N Rainbow Blvd, Ste 270, Nevada, 89107
Free Consultation (702) 767-9987

Jason Benjamin Lutz

Bankruptcy and debt Lawyer Serving at Atlanta - Georgia

Building 3A, Georgia, 30341
  • Bankruptcy and debt
  • Atlanta, Georgia Bankruptcy and debt Lawyer with 22 years of experience
Free Consultation (404) 522-2222

0 reviews

Lawyer Serving at Atlanta - Georgia

Building 3A, Georgia, 30341
Free Consultation (404) 522-2222

Introduction to Bankruptcy Law

Bankruptcy law focuses on aiding individuals and businesses facing financial distress. It encompasses various bankruptcy filings, debt restructuring, and strategies for asset protection. Experts in this area guide clients through legal pathways to manage and overcome financial difficulties, safeguarding their rights and assets.

Common Types of Cases Handled by Bankruptcy Attorneys

  • Chapter 7 Bankruptcy – Guidance on liquidation procedures to eliminate unsecured debts, often suitable for individuals seeking a fresh financial start.

  • Chapter 11 Bankruptcy – Assistance to businesses in debt restructuring while continuing operations, helping them reorganize debts and maintain business functionality.

  • Chapter 13 Bankruptcy – Support in creating repayment plans for individuals to manage debts, offering a structured approach to repay debts over time while keeping assets.

  • Debt Negotiation and Settlement – Strategies to negotiate favorable debt settlements with creditors, aiming to reduce the overall debt burden and find agreeable repayment terms.

Considerations When Selecting the Ideal Bankruptcy Lawyer

  • Specialization in Bankruptcy Law – Look for expertise in various types of bankruptcy and debt relief options, ensuring the attorney is well-versed in the specific bankruptcy chapter relevant to your case.

  • Experience in Similar Financial Situations – Seek lawyers with a proven record in cases similar to your financial scenario, as their prior experience can provide insights and strategies tailored to your situation.

  • Reputation and Track Record – Consider their success in navigating bankruptcy cases effectively, including their ability to secure favorable outcomes for their clients.

  • Client Feedback – Read reviews to assess their effectiveness and client service quality, which can provide a sense of the lawyer's reliability and dedication to clients.

How to Choose a Bankruptcy Attorney

  • Initial Research – Explore Legal.com's list of seasoned bankruptcy lawyers, which offers a curated selection of professionals with diverse bankruptcy expertise.

  • Credentials Verification – Check the attorney’s qualifications and standing in the legal community to ensure they are licensed and have a good professional reputation.

  • Consultation – Understand their approach to your financial situation during a detailed consultation, where you can discuss your specific financial challenges and goals.

  • Assessing Knowledge and Empathy – Choose a lawyer who combines bankruptcy law expertise and understanding of your financial challenges, showing both technical skill and personal understanding of your situation.

The Bankruptcy Claim Process

  • Initial Consultation – Discuss your financial situation and the lawyer's proposed strategy to get an overview of the possible bankruptcy pathways and their implications.

  • Filing for Bankruptcy – Assistance with preparing and submitting bankruptcy filings, ensuring that all legal requirements are met and the process is handled efficiently.

  • Asset and Liability Assessment – Evaluating your assets to guide the bankruptcy process, which is crucial for understanding how bankruptcy will affect your financial landscape.

  • Creditors’ Meetings – Representation in negotiations and meetings with creditors, where your lawyer will advocate on your behalf to reach equitable agreements.

  • Court Proceedings – Advocacy during legal proceedings related to bankruptcy, providing skilled legal representation to protect your interests in court.

Types of Relief in Bankruptcy Cases

  • Debt Discharge – Elimination of unsecured debts like credit card and medical bills, offering a pathway to financial relief and a fresh start.

  • Asset Protection – Strategies to safeguard assets from liquidation, ensuring that you retain as much of your property as possible during bankruptcy.

  • Debt Restructuring – Planning for effective debt reorganization, which can provide a more manageable way to handle financial obligations.

  • Prevention of Foreclosures – Legal actions to halt property loss, protecting your home and other properties from being seized.

The Most Common Challenges in Bankruptcy Cases

  • Navigating Bankruptcy Laws – Managing the complexities of various bankruptcy laws and procedures requires detailed legal knowledge and strategic planning.

  • Dealing With Creditors – Handling negotiations and settlements with creditors often involves challenging discussions and the need for persuasive negotiation skills.

  • Asset Evaluation – Accurately determining assets for protection under bankruptcy is a critical step in preserving your financial foundation.

  • Coping With Financial Stress – Addressing the emotional and financial burdens of bankruptcy often requires both legal and emotional support to navigate successfully.

Bankruptcy Lawyers FAQs

When looking for the best bankruptcy lawyer for your case, consider their expertise in this specific area of the law, experience with similar financial scenarios, and approach to client communication.
Bankruptcy attorneys offer services such as various bankruptcy filings, debt restructuring, negotiations with creditors, and court representation, covering all stages from consultation to debt resolution. Legal.com's directory offers a range of bankruptcy attorneys to suit different needs.
Before you hire a bankruptcy lawyer, evaluate their specialization in bankruptcy, case success rate, client testimonials, and approach to managing bankruptcy cases. Choose a lawyer who is knowledgeable and empathetic to your financial situation.
Many bankruptcy lawyers offer free initial consultations to discuss your case and potential strategies. However, it's important to confirm their consultation fee structure beforehand.
Legal.com’s list of bankruptcy attorneys is updated monthly to provide the most current and relevant options.
To make sure we only feature high-quality legal representation, we choose which bankruptcy lawyers to list based on peer and client reviews, professional achievements, and independent research.
Legal.com is an independent platform, currently not affiliated with any particular bankruptcy law firms. We will maintain our commitment to being a trustworthy resource for legal assistance, even if we do accept sponsorships in the future.