Best Bankruptcy Lawyers - November 2024

Casey Anne Quiroga

Bankruptcy and debt Lawyer Serving at Spokane Valley - Washington

505 N Argonne Rd Ste B109, Washington, 99212-2870
  • Bankruptcy and debt, Estate Planning, Probate, Wills and Living Wills, Immigration, Landlord and Tenant, Litigation and Real Estate
  • Spokane Valley, Washington Bankruptcy and debt Lawyer with 17 years of experience

0 reviews

Lawyer Serving at Spokane Valley - Washington

505 N Argonne Rd Ste B109, Washington, 99212-2870

Ryan Kelly Mclemore

Bankruptcy and debt Lawyer Serving at Atlanta - Georgia

1000 Parkwood Circle SE Suite 375, Georgia, 30339-2140
  • Bankruptcy and debt, Creditor's Rights and Real Estate
  • Atlanta, Georgia Bankruptcy and debt Lawyer with 23 years of experience
Free Consultation (678) 784-4150

0 reviews

Lawyer Serving at Atlanta - Georgia

1000 Parkwood Circle SE Suite 375, Georgia, 30339-2140
Free Consultation (678) 784-4150

Juan Manuel Rodriguez

Bankruptcy and debt Lawyer Serving at Atlanta - Georgia

230 Peachtree Street NW Suite 2500, Georgia, 30303
  • Bankruptcy and debt and Real Estate
  • Atlanta, Georgia Bankruptcy and debt Lawyer with 5 years of experience
Free Consultation (404) 522-1410

0 reviews

Lawyer Serving at Atlanta - Georgia

230 Peachtree Street NW Suite 2500, Georgia, 30303
Free Consultation (404) 522-1410

Mark K. Wade

Bankruptcy and debt Lawyer Serving at Aurora - Illinois

Law Office of Mark Wade P.O. Box 7097, Illinois , 60507-7097
  • Bankruptcy and debt, Criminal Defense and Family
  • Aurora, Illinois Bankruptcy and debt Lawyer with 41 years of experience
Free Consultation (331) 454-8374

0 reviews

Lawyer Serving at Aurora - Illinois

Law Office of Mark Wade P.O. Box 7097, Illinois , 60507-7097
Free Consultation (331) 454-8374

Donald H. Passenger

Administrative Law Lawyer Serving at Grand Rapids - Michigan

1555 Arboretum Dr SE Ste 101, Michigan, 49546-6494
  • Administrative Law, Agriculture Law, Arbitration, Debt and Lending Agreements, Bankruptcy and debt, Business, Commercial, Real Estate, Contracts and Agreements, ...
  • Grand Rapids, Michigan Administrative Law Lawyer

0 reviews

Lawyer Serving at Grand Rapids - Michigan

1555 Arboretum Dr SE Ste 101, Michigan, 49546-6494

Charles R. Fenton

Antitrust and Trade Law Lawyer Serving at Las Vegas - Nevada

1955 Village Center Cir., Nevada, 89134
  • Thomas Jefferson
  • Antitrust and Trade Law, Bankruptcy and debt and Civil Rights
  • Las Vegas, Nevada Antitrust and Trade Law Lawyer with 24 years of experience
Free Consultation (702) 947-4900

0 reviews

Lawyer Serving at Las Vegas - Nevada

1955 Village Center Cir., Nevada, 89134
Free Consultation (702) 947-4900

Stephen Arthur Simonsen

Bankruptcy and debt Lawyer Serving at Mentone - Texas

100 Bell St, Texas, 79754
  • Bankruptcy and debt, Business, Government, Real Estate and Wills and Living Wills
  • Mentone, Texas Bankruptcy and debt Lawyer with 31 years of experience
Free Consultation 432-309-9500

0 reviews

Lawyer Serving at Mentone - Texas

100 Bell St, Texas, 79754
Free Consultation 432-309-9500

Victor J. Yoo

Tax Lawyer Serving at Los Angeles - California

Tax Lawyers Group, APC, California, 90067
  • Tax, International Law, Public Finance and Tax Exempt Finance, Bankruptcy and debt, Chapter 11 Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Debt Settlement, Business, ...
  • Los Angeles, California Tax Lawyer
Free Consultation (310) 788-9820

0 reviews

Lawyer Serving at Los Angeles - California

Tax Lawyers Group, APC, California, 90067
Free Consultation (310) 788-9820

Stephen Bilkis

Family Lawyer Serving at New York - New York

Stephen Bilkis & Associates, 100 Park Ave 16th Floor, New York, 10017
  • Family, Adoption, Child Custody, Child Support, Paternity, Guardianship, Marriage and Prenuptials, Domestic Violence, LGBT+ Law, ...
  • New York, New York Family Lawyer
Free Consultation

0 reviews

Lawyer Serving at New York - New York

Stephen Bilkis & Associates, 100 Park Ave 16th Floor, New York, 10017
Free Consultation

Henry F. Sewell Sewell

Bankruptcy and debt Lawyer Serving at Atlanta - Georgia

2964 Peachtree Road NW Suite 555, Georgia, 30305
  • Bankruptcy and debt
  • Atlanta, Georgia Bankruptcy and debt Lawyer with 38 years of experience
Free Consultation (404) 926-0053

0 reviews

Lawyer Serving at Atlanta - Georgia

2964 Peachtree Road NW Suite 555, Georgia, 30305
Free Consultation (404) 926-0053

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.