Best Bankruptcy Lawyers - November 2024

Russell E. Farbiarz

Estate Planning Lawyer Serving at Hamburg - Pennsylvania

Antanvage Farbiarz PLLC, Pennsylvania, 19526
  • Estate Planning, Guardianship, Health Care, Trusts, Wills and Living Wills, Probate, Elder Law, Bankruptcy and debt, Chapter 11 Bankruptcy, ...
  • Hamburg, Pennsylvania Estate Planning Lawyer
Free Consultation (610) 562-2000

0 reviews

Lawyer Serving at Hamburg - Pennsylvania

Antanvage Farbiarz PLLC, Pennsylvania, 19526
Free Consultation (610) 562-2000

Meghan Canty Murphey

Banking Lawyer Serving at Aliso Viejo - California

The Veen Firm, 20 Haight St, California, 94102-5802
  • Banking, Bankruptcy and debt, Business, Debt and Lending Agreements, Intellectual Property, Litigation and Real Estate
  • Aliso Viejo, California Banking Lawyer
Free Consultation (949) 464-4540

0 reviews

Lawyer Serving at Aliso Viejo - California

The Veen Firm, 20 Haight St, California, 94102-5802
Free Consultation (949) 464-4540

Bolao Liu (Aka Paul Bolao Liu)

Bankruptcy and debt Lawyer Serving at San Francisco - California

Law Offices of Paul B. Liu, 369 Pine St Ste 516, California, 94104-3324
  • Bankruptcy and debt
  • San Francisco, California Bankruptcy and debt Lawyer
Free Consultation (415) 421-2779

0 reviews

Lawyer Serving at San Francisco - California

Law Offices of Paul B. Liu, 369 Pine St Ste 516, California, 94104-3324
Free Consultation (415) 421-2779

Rebecca V. Brochu

Bankruptcy and debt Lawyer Serving at Portland - Maine

12 Portland Pier, Maine, 04101
  • Western New England College
  • Bankruptcy and debt, Civil Rights, Family and General Practice
  • Portland, Maine Bankruptcy and debt Lawyer with 27 years of experience
Free Consultation (207) 772-6565

0 reviews

Lawyer Serving at Portland - Maine

12 Portland Pier, Maine, 04101
Free Consultation (207) 772-6565

Todd Miller

Criminal Defense Lawyer Serving at Jefferson City - Missouri

Attorney at Law, Missouri, 65109
  • Criminal Defense, Appeals and Appellate, Drug Crime, Expungement, Fraud, Gun Law, Internet, Sex Crime, Violent Crime, ...
  • Jefferson City, Missouri Criminal Defense Lawyer
Free Consultation (573) 634-2838

0 reviews

Lawyer Serving at Jefferson City - Missouri

Attorney at Law, Missouri, 65109
Free Consultation (573) 634-2838

Malissa L. Walden

Bankruptcy and debt Lawyer Serving at Lenexa - Kansas

Walden & Pfannenstiel, LLC : Kansas City Bankruptcy Attorneys, Kansas, 66215
  • Bankruptcy and debt, Chapter 13 Bankruptcy and Chapter 7 Bankruptcy
  • Lenexa, Kansas Bankruptcy and debt Lawyer
Free Consultation (913) 438-1112

0 reviews

Lawyer Serving at Lenexa - Kansas

Walden & Pfannenstiel, LLC : Kansas City Bankruptcy Attorneys, Kansas, 66215
Free Consultation (913) 438-1112

Joseph M. Bethony

Bankruptcy and debt Lawyer Serving at Bangor - Maine

161 Davis Road, Maine, 04401
  • University of Maine
  • Bankruptcy and debt, Criminal Defense, Debt Collection, Employment and Labor and Litigation
  • Bangor, Maine Bankruptcy and debt Lawyer with 19 years of experience
Free Consultation (207) 942-6365

0 reviews

Lawyer Serving at Bangor - Maine

161 Davis Road, Maine, 04401
Free Consultation (207) 942-6365

Rebecca L. Johnson-Ellis

Bankruptcy and debt Lawyer Serving at Grand Rapids - Michigan

701 3 Mile Rd NW Ste B, Michigan, 49544-8214
  • Michigan State University
  • Bankruptcy and debt
  • Grand Rapids, Michigan Bankruptcy and debt Lawyer
Free Consultation (616) 784-1700

0 reviews

Lawyer Serving at Grand Rapids - Michigan

701 3 Mile Rd NW Ste B, Michigan, 49544-8214
Free Consultation (616) 784-1700

J. Paul Nelson

Bankruptcy and debt Lawyer Serving at Henderson - Texas

PO Box 934, Texas, 75653-0934
  • Bankruptcy and debt, Consumer Protection, Debt and Lending Agreements, Criminal Defense, Family, Litigation and Wills and Living Wills
  • Henderson, Texas Bankruptcy and debt Lawyer with 38 years of experience
Free Consultation 903-657-1424

0 reviews

Lawyer Serving at Henderson - Texas

PO Box 934, Texas, 75653-0934
Free Consultation 903-657-1424

David L. Brandt

Bankruptcy and debt Lawyer Serving at Raymond - Maine

PO Box 437, Maine, 04071
  • University of Maine
  • Bankruptcy and debt, Criminal Defense, Family, Personal Injury and Wills and Living Wills
  • Raymond, Maine Bankruptcy and debt Lawyer with 39 years of experience
Free Consultation (207) 655-1020

0 reviews

Lawyer Serving at Raymond - Maine

PO Box 437, Maine, 04071
Free Consultation (207) 655-1020

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.