Best Bankruptcy Lawyers - November 2024

Anthony Edward Maselli

Bankruptcy and debt Lawyer Serving at Alpharetta - Georgia

13010 Morris Road Suite 450, Georgia, 30004
  • Bankruptcy and debt, Creditor's Rights and Real Estate
  • Alpharetta, Georgia Bankruptcy and debt Lawyer with 17 years of experience
Free Consultation

0 reviews

Lawyer Serving at Alpharetta - Georgia

13010 Morris Road Suite 450, Georgia, 30004
Free Consultation

Shane Matthew Matthew Bebout

Lawsuits and Disputes Lawyer Serving at Odessa - Texas

3800 E 42nd St., Ste. 409, Texas, 79762
  • Lawsuits and Disputes, Bankruptcy and debt, Business, Consumer Protection, Debt and Lending Agreements, Insurance, International Law, Employment and Labor, Litigation, ...
  • Odessa, Texas Lawsuits and Disputes Lawyer with 12 years of experience
Free Consultation 432-363-2106

0 reviews

Lawyer Serving at Odessa - Texas

3800 E 42nd St., Ste. 409, Texas, 79762
Free Consultation 432-363-2106

Thomas Andrew Lerner

Banking Lawyer Serving at Seattle - Washington

1420 5th Ave Ste 3000, Washington, 98101-2393
  • Banking, Bankruptcy and debt, Business, Commercial and Employment and Labor
  • Seattle, Washington Banking Lawyer with 27 years of experience

0 reviews

Lawyer Serving at Seattle - Washington

1420 5th Ave Ste 3000, Washington, 98101-2393

Sean Walsh

Bankruptcy and debt Lawyer Serving at Lacey - Washington

975 Carpenter Rd NE Ste 204, Washington, 98516-5560
  • Bankruptcy and debt, Business, Commercial and Family
  • Lacey, Washington Bankruptcy and debt Lawyer

0 reviews

Lawyer Serving at Lacey - Washington

975 Carpenter Rd NE Ste 204, Washington, 98516-5560

Bruce Kenneth Medeiros

Bankruptcy and debt Lawyer Serving at Spokane - Washington

601 W Riverside Ave Ste 1500, Washington, 99201-0626
  • Bankruptcy and debt, Business, Commercial, Collections, Consumer Protection, Contracts and Agreements and Debt and Lending Agreements
  • Spokane, Washington Bankruptcy and debt Lawyer with 38 years of experience

0 reviews

Lawyer Serving at Spokane - Washington

601 W Riverside Ave Ste 1500, Washington, 99201-0626

James Tobia

Bankruptcy and debt Lawyer Serving at Wilmington - Delaware

The Law Office of James Tobia LLC, Delaware, 19806
  • Bankruptcy and debt, Business, Lawsuits and Disputes, Family, Child Custody, Child Support, Paternity, Marriage and Prenuptials, Divorce and Separation, ...
  • Wilmington, Delaware Bankruptcy and debt Lawyer
Free Consultation (302) 655-5303

0 reviews

Lawyer Serving at Wilmington - Delaware

The Law Office of James Tobia LLC, Delaware, 19806
Free Consultation (302) 655-5303

Gabrielle C. Lacy

Bankruptcy and debt Lawyer Serving at Farmington Hills - Michigan

30833 Northwestern Highway,, Michigan, 48334-2581
  • Bankruptcy and debt, Criminal Defense and Family
  • Farmington Hills, Michigan Bankruptcy and debt Lawyer
Free Consultation (248) 432-5746

0 reviews

Lawyer Serving at Farmington Hills - Michigan

30833 Northwestern Highway,, Michigan, 48334-2581
Free Consultation (248) 432-5746

Kelley L Cornelius

Adoption Lawyer Serving at Oklahoma City - Oklahoma

4216 N Portland Ave Ste 203, Oklahoma, 73112-6363
  • Adoption, Appeals and Appellate, Bankruptcy and debt, Elder Law, General Practice, Nursing Home Abuse and Neglect, Probate and Workers Compensation Law
  • Oklahoma City, Oklahoma Adoption Lawyer
Free Consultation (405)721-6124

0 reviews

Lawyer Serving at Oklahoma City - Oklahoma

4216 N Portland Ave Ste 203, Oklahoma, 73112-6363
Free Consultation (405)721-6124

Susana Heredia Croke

Bankruptcy and debt Lawyer Serving at Seattle - Washington

800 Fifth Ave Ste 2000, Washington, 98104-3188
  • Bankruptcy and debt and Consumer Protection
  • Seattle, Washington Bankruptcy and debt Lawyer with 3 years of experience

0 reviews

Lawyer Serving at Seattle - Washington

800 Fifth Ave Ste 2000, Washington, 98104-3188

Claire Taylor

Banking Lawyer Serving at Seattle - Washington

1420 5th Ave Ste 3000, Washington, 98101-2393
  • Banking, Bankruptcy and debt, Business, Commercial and Tax
  • Seattle, Washington Banking Lawyer
Free Consultation (206) 626-6000

0 reviews

Lawyer Serving at Seattle - Washington

1420 5th Ave Ste 3000, Washington, 98101-2393
Free Consultation (206) 626-6000

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.