Best Bankruptcy Lawyers - September 2024

William L. Hames

Bankruptcy and debt Lawyer Serving at Westport - Washington

PO Box 1837, Washington, 98595-1837
  • Bankruptcy and debt, Debt and Lending Agreements and Real Estate
  • Westport, Washington Bankruptcy and debt Lawyer with 43 years of experience

0 reviews

Lawyer Serving at Westport - Washington

PO Box 1837, Washington, 98595-1837

Wesley Rhodes

Criminal Defense Lawyer Serving at Little Rock - Arkansas

Wesley Rhodes, Attorney at Law, Arkansas, 72201
  • Criminal Defense, Appeals and Appellate, Drug Crime, Expungement, Fraud, Gun Law, Internet, Sex Crime, Violent Crime, ...
  • Little Rock, Arkansas Criminal Defense Lawyer
Free Consultation (501) 301-4591

0 reviews

Lawyer Serving at Little Rock - Arkansas

Wesley Rhodes, Attorney at Law, Arkansas, 72201
Free Consultation (501) 301-4591

Michael Fredrick Holbein

Bankruptcy and debt Lawyer Serving at Atlanta - Georgia

1105 W Peachtree Street NE Suite 1000, Georgia, 30309-3695
  • Bankruptcy and debt
  • Atlanta, Georgia Bankruptcy and debt Lawyer with 25 years of experience
Free Consultation (404) 815-3607

0 reviews

Lawyer Serving at Atlanta - Georgia

1105 W Peachtree Street NE Suite 1000, Georgia, 30309-3695
Free Consultation (404) 815-3607

Walter Frederick Brune, Brune,

Adoption Lawyer Serving at Edmond - Oklahoma

1716 NW 179th Ter, Oklahoma, 73012-4152
  • Adoption, Bankruptcy and debt, Family, General Practice, Litigation, Nursing Home Abuse and Neglect, Probate, Real Estate and Workers Compensation Law
  • Edmond, Oklahoma Adoption Lawyer
Free Consultation (580)761-4467

0 reviews

Lawyer Serving at Edmond - Oklahoma

1716 NW 179th Ter, Oklahoma, 73012-4152
Free Consultation (580)761-4467

Kimberly Ann Macdonald

Bankruptcy and debt Lawyer Serving at Tacoma - Washington

5219 Pacific Ave, Washington, 98408-7625
  • Bankruptcy and debt
  • Tacoma, Washington Bankruptcy and debt Lawyer with 31 years of experience
Free Consultation (253) 474-8050

0 reviews

Lawyer Serving at Tacoma - Washington

5219 Pacific Ave, Washington, 98408-7625
Free Consultation (253) 474-8050

Billy Joe Ellington

Adoption Lawyer Serving at Pawnee - Oklahoma

2008 4th St, Oklahoma, 74058-5039
  • Adoption, Bankruptcy and debt, Divorce and Separation, General Practice, Estate Planning, Family, Guardianship, Litigation, Nursing Home Abuse and Neglect, ...
  • Pawnee, Oklahoma Adoption Lawyer
Free Consultation (918)762-2589

0 reviews

Lawyer Serving at Pawnee - Oklahoma

2008 4th St, Oklahoma, 74058-5039
Free Consultation (918)762-2589

R. Michael Stallings

Bankruptcy and debt Lawyer Serving at Groesbeck - Texas

215 W State St Ste 101, Texas, 76642-1719
  • Bankruptcy and debt and Criminal Defense
  • Groesbeck, Texas Bankruptcy and debt Lawyer with 6 years of experience
Free Consultation 254-729-0199

0 reviews

Lawyer Serving at Groesbeck - Texas

215 W State St Ste 101, Texas, 76642-1719
Free Consultation 254-729-0199

Karl Ray Salzsieder

Bankruptcy and debt Lawyer Serving at Longview - Washington

1133 14th Ave Ste 200, Washington, 98632-3089
  • Bankruptcy and debt, Contracts and Agreements, Corporate and Incorporation, Elder Law, Employment and Labor, Estate Planning, Probate, Wills and Living Wills, Foreclosure, ...
  • Longview, Washington Bankruptcy and debt Lawyer with 35 years of experience
Free Consultation (360) 577-8115

0 reviews

Lawyer Serving at Longview - Washington

1133 14th Ave Ste 200, Washington, 98632-3089
Free Consultation (360) 577-8115

Jonathan Henry Burke

Bankruptcy and debt Lawyer Serving at Bothell - Washington

19635 88th Pl NE, Washington, 98011-5907
  • Bankruptcy and debt, Debt and Lending Agreements and Ethics and Professional Responsibility
  • Bothell, Washington Bankruptcy and debt Lawyer with 33 years of experience

0 reviews

Lawyer Serving at Bothell - Washington

19635 88th Pl NE, Washington, 98011-5907

Wendy Anne Owens

Bankruptcy and debt Lawyer Serving at Savannah - Georgia

PO Box 8846, Georgia, 31412
  • Bankruptcy and debt, Lawsuits and Disputes and Real Estate
  • Savannah, Georgia Bankruptcy and debt Lawyer with 23 years of experience
Free Consultation (912) 210-0901

0 reviews

Lawyer Serving at Savannah - Georgia

PO Box 8846, Georgia, 31412
Free Consultation (912) 210-0901

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.