Best Bankruptcy Lawyers - November 2024

Preston Saul Draper

Appeals and Appellate Lawyer Serving at Ada - Oklahoma

2401 Egypt Rd, Oklahoma, 74820-0669
  • Appeals and Appellate, Bankruptcy and debt, Guardianship, Native Peoples Law, Administrative Law, Adoption, Family, General Practice, Litigation, ...
  • Ada, Oklahoma Appeals and Appellate Lawyer
Free Consultation (405)239-5169

0 reviews

Lawyer Serving at Ada - Oklahoma

2401 Egypt Rd, Oklahoma, 74820-0669
Free Consultation (405)239-5169

Ronald Gregory Rossi

Bankruptcy and debt Lawyer Serving at Gig Harbor - Washington

616 33rd Ave NW, Washington, 98335-7852
  • Bankruptcy and debt, Business, Commercial, Constitutional, Lawsuits and Disputes, Environmental and Natural Resources, Health Care, International Law, Litigation, ...
  • Gig Harbor, Washington Bankruptcy and debt Lawyer with 5 years of experience

0 reviews

Lawyer Serving at Gig Harbor - Washington

616 33rd Ave NW, Washington, 98335-7852

Andrew Slone Pomerantz

Aviation Lawyer Serving at Seattle - Washington

506 2nd Ave Ste 1400, Washington, 98104-2329
  • Aviation, Bankruptcy and debt, Collections, Criminal Defense, Environmental and Natural Resources, Foreclosure, Landlord and Tenant, Legal Writing, Litigation, ...
  • Seattle, Washington Aviation Lawyer with 10 years of experience
Free Consultation (800) 539-3960

0 reviews

Lawyer Serving at Seattle - Washington

506 2nd Ave Ste 1400, Washington, 98104-2329
Free Consultation (800) 539-3960

Ty E. Kehoe

Bankruptcy and debt Lawyer Serving at Henderson - Nevada

871 Coronado Center Dr., Ste. 200, Nevada, 89052
  • Brigham Young University
  • Bankruptcy and debt, Business and General Practice
  • Henderson, Nevada Bankruptcy and debt Lawyer with 28 years of experience
Free Consultation (702) 837-1908

0 reviews

Lawyer Serving at Henderson - Nevada

871 Coronado Center Dr., Ste. 200, Nevada, 89052
Free Consultation (702) 837-1908

David Morris Dunlap

Appeals and Appellate Lawyer Serving at Oklahoma City - Oklahoma

217 N Harvey Ave Ste 210, Oklahoma, 73102-3803
  • Appeals and Appellate, Bankruptcy and debt, Family, General Practice, Guardianship, Litigation, Probate and Real Estate
  • Oklahoma City, Oklahoma Appeals and Appellate Lawyer
Free Consultation (405)235-1950

0 reviews

Lawyer Serving at Oklahoma City - Oklahoma

217 N Harvey Ave Ste 210, Oklahoma, 73102-3803
Free Consultation (405)235-1950

Jill A Michaux

Bankruptcy and debt Lawyer Serving at TOPEKA - Kansas

Neis Michaux Bankruptcy Law Office, Kansas, 66614-2054
  • Bankruptcy and debt, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy and Debt Settlement
  • TOPEKA, Kansas Bankruptcy and debt Lawyer
Free Consultation (785) 354-1471

0 reviews

Lawyer Serving at TOPEKA - Kansas

Neis Michaux Bankruptcy Law Office, Kansas, 66614-2054
Free Consultation (785) 354-1471

Rebecca Jean Smith

Bankruptcy and debt Lawyer Serving at Omaha - Nebraska

Smith Law Omaha, Nebraska, 68154
  • Bankruptcy and debt, Chapter 11 Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy and Debt Settlement
  • Omaha, Nebraska Bankruptcy and debt Lawyer
Free Consultation (402) 778-4848

0 reviews

Lawyer Serving at Omaha - Nebraska

Smith Law Omaha, Nebraska, 68154
Free Consultation (402) 778-4848

Micaela C. Rustia Moore

Bankruptcy and debt Lawyer Serving at North Las Vegas - Nevada

2250 Las Vegas Blvd. N., Ste. 810, Nevada, 89030
  • South Western University
  • Bankruptcy and debt and Chapter 11 Bankruptcy
  • North Las Vegas, Nevada Bankruptcy and debt Lawyer with 19 years of experience
Free Consultation (702) 633-1057

0 reviews

Lawyer Serving at North Las Vegas - Nevada

2250 Las Vegas Blvd. N., Ste. 810, Nevada, 89030
Free Consultation (702) 633-1057

Aaron David Compton

Family Lawyer Serving at Oklahoma City - Oklahoma

4216 N Portland Ave Ste 200, Oklahoma, 73112-6363
  • Family, Litigation, Real Estate, Bankruptcy and debt, Chapter 13 Bankruptcy, Child Custody, Personal Injury, Lawsuits and Disputes and General Practice
  • Oklahoma City, Oklahoma Family Lawyer
Free Consultation (405)578-4529

0 reviews

Lawyer Serving at Oklahoma City - Oklahoma

4216 N Portland Ave Ste 200, Oklahoma, 73112-6363
Free Consultation (405)578-4529

Stephen D. Beam

Appeals and Appellate Lawyer Serving at Weatherford - Oklahoma

PO Box 31 110 S Broadway, Oklahoma, 73096
  • Appeals and Appellate, Bankruptcy and debt, Environmental and Natural Resources, Estate Planning, Financial Markets and Services, Adoption, Contracts and Agreements, Corporate and Incorporation, Elder Law, ...
  • Weatherford, Oklahoma Appeals and Appellate Lawyer
Free Consultation (580)772-2900

0 reviews

Lawyer Serving at Weatherford - Oklahoma

PO Box 31 110 S Broadway, Oklahoma, 73096
Free Consultation (580)772-2900

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.