Best Bankruptcy Lawyers - November 2024

P. Howard Bailey

Bankruptcy and debt Lawyer Serving at Lubbock - Texas

2301 Broadway, Texas, 79401-2916
  • Bankruptcy and debt, Business, Debt and Lending Agreements, Family, Litigation, Real Estate, Tax, Wills and Living Wills and Elder Law
  • Lubbock, Texas Bankruptcy and debt Lawyer with 39 years of experience
Free Consultation 806-744-3875

0 reviews

Lawyer Serving at Lubbock - Texas

2301 Broadway, Texas, 79401-2916
Free Consultation 806-744-3875

Jonathan Alexander Sprouffske

Bankruptcy and debt Lawyer Serving at Olympia - Washington

825 5th Ave SE, Washington, 98501-1501
  • Bankruptcy and debt, Business, Commercial, Contracts and Agreements, Debt and Lending Agreements, Estate Planning, Probate and Wills and Living Wills
  • Olympia, Washington Bankruptcy and debt Lawyer with 17 years of experience

0 reviews

Lawyer Serving at Olympia - Washington

825 5th Ave SE, Washington, 98501-1501

Lars Peterson

Bankruptcy and debt Lawyer Serving at Honolulu - Hawaii

Abelmann Peterson LLLC, Hawaii, 96813
  • Bankruptcy and debt, Chapter 11 Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Debt Settlement, Foreclosure, Criminal Defense, Appeals and Appellate, Drug Crime, ...
  • Honolulu, Hawaii Bankruptcy and debt Lawyer
Free Consultation (808) 589-1010

0 reviews

Lawyer Serving at Honolulu - Hawaii

Abelmann Peterson LLLC, Hawaii, 96813
Free Consultation (808) 589-1010

James L. Arrasmith

Landlord and Tenant Lawyer Serving at Sacramento - California

The Law Offices of James L. Arrasmith, 9719 Lincoln Village Dr #507, California, 95827
  • Landlord and Tenant, Discrimination, Family, Adoption, Child Custody, Child Support, Paternity, Guardianship, Marriage and Prenuptials, ...
  • Sacramento, California Landlord and Tenant Lawyer
Free Consultation (916) 704-3009

0 reviews

Lawyer Serving at Sacramento - California

The Law Offices of James L. Arrasmith, 9719 Lincoln Village Dr #507, California, 95827
Free Consultation (916) 704-3009

Nancy B. Rapoport

Bankruptcy and debt Lawyer Serving at Las Vegas - Nevada

4505 S. Maryland Pkwy., Mail Stop 451003, Nevada, 89154-1003
  • Stanford Law School
  • Bankruptcy and debt and Ethics and Professional Responsibility
  • Las Vegas, Nevada Bankruptcy and debt Lawyer with 17 years of experience
Free Consultation (713) 202-1881

0 reviews

Lawyer Serving at Las Vegas - Nevada

4505 S. Maryland Pkwy., Mail Stop 451003, Nevada, 89154-1003
Free Consultation (713) 202-1881

Edgar I Hall

Bankruptcy and debt Lawyer Serving at Seattle - Washington

12535 15th Ave NE Ste 214, Washington, 98125-4095
  • Bankruptcy and debt, Collections, Consumer Protection, Debt and Lending Agreements, Foreclosure, Litigation and Military Law
  • Seattle, Washington Bankruptcy and debt Lawyer with 16 years of experience

0 reviews

Lawyer Serving at Seattle - Washington

12535 15th Ave NE Ste 214, Washington, 98125-4095

Bryn Aaron Peterson

Agriculture Law Lawyer Serving at Mercer Island - Washington

PO Box 1248, Washington, 98040-1248
  • Agriculture Law, Bankruptcy and debt, Business, Commercial, Contracts and Agreements, Corporate and Incorporation, Employment and Labor, Intellectual Property, Real Estate ...
  • Mercer Island, Washington Agriculture Law Lawyer with 24 years of experience

0 reviews

Lawyer Serving at Mercer Island - Washington

PO Box 1248, Washington, 98040-1248

Daniel Lee Hembree

Bankruptcy and debt Lawyer Serving at Snohomish - Washington

21 Avenue A Ste C, Washington, 98290-2944
  • Bankruptcy and debt, Business, Commercial, Collections, Contracts and Agreements, Debt and Lending Agreements, Foreclosure, Landlord and Tenant, Litigation, ...
  • Snohomish, Washington Bankruptcy and debt Lawyer with 19 years of experience

0 reviews

Lawyer Serving at Snohomish - Washington

21 Avenue A Ste C, Washington, 98290-2944

Robert Clifford Duncan

Bankruptcy and debt Lawyer Serving at Roseville - California

3009 Douglas Blvd, Ste 100, California, 95661-3810
  • Bankruptcy and debt, Business, Contracts and Agreements, Corporate and Incorporation, Elder Law, Employee Benefits, Finance, Health Care, Intellectual Property, ...
  • Roseville, California Bankruptcy and debt Lawyer
Free Consultation (916) 797-7436

0 reviews

Lawyer Serving at Roseville - California

3009 Douglas Blvd, Ste 100, California, 95661-3810
Free Consultation (916) 797-7436

Jonathan K. Nelson

Bankruptcy and debt Lawyer Serving at Pahrump - Nevada

41 N Hwy 160, Suite 8, Nevada, 89060
  • Thomas M. Cooley Law School
  • Bankruptcy and debt, Family, Probate, Divorce and Separation, Estate Planning and Personal Injury
  • Pahrump, Nevada Bankruptcy and debt Lawyer with 12 years of experience
Free Consultation (775) 727-9900

0 reviews

Lawyer Serving at Pahrump - Nevada

41 N Hwy 160, Suite 8, Nevada, 89060
Free Consultation (775) 727-9900

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.