Best Bankruptcy Lawyers - February 2024

Roya Rohani (Aka Roya Farrokhnia)

Bankruptcy and debt Lawyer Serving at Aliso Viejo - California

26895 Aliso Creek Road, STE #B-310, California, 92656
  • Bankruptcy and debt
  • Aliso Viejo, California Bankruptcy and debt Lawyer
Free Consultation +19495458458

0 reviews

Lawyer Serving at Aliso Viejo - California

26895 Aliso Creek Road, STE #B-310, California, 92656
Free Consultation +19495458458

Jarad David Beckman

Administrative Law Lawyer Serving at Irvine - California

Wolfe & Wyman LLP, 2212 Dupont Dr., California, 92612-7531
  • Administrative Law, Appeals and Appellate, Banking, Bankruptcy and debt, Business, Commercial, Real Estate, Contracts and Agreements, Education, ...
  • Irvine, California Administrative Law Lawyer
Free Consultation +19494759200

0 reviews

Lawyer Serving at Irvine - California

Wolfe & Wyman LLP, 2212 Dupont Dr., California, 92612-7531
Free Consultation +19494759200

Bruce Alan Anderson

Bankruptcy and debt Lawyer Serving at Coeur d'Alene - Idaho

320 E. Neider, Ste. 102, Idaho, 83815
  • Bankruptcy and debt, Estate Planning, Probate, Real Estate and Tax
  • Coeur d'Alene, Idaho Bankruptcy and debt Lawyer with 39 years of experience

0 reviews

Lawyer Serving at Coeur d'Alene - Idaho

320 E. Neider, Ste. 102, Idaho, 83815

Ryan Mohamed Mardini

Bankruptcy and debt Lawyer Serving at Southfield - Michigan

27777 Franklin Road, Michigan, 48034
  • University of Detroit Mercy School of Law
  • Bankruptcy and debt, Business, Contracts and Agreements, Debt and Lending Agreements, Litigation, Mergers and Acquisitions, Divestitures and Tax
  • Southfield, Michigan Bankruptcy and debt Lawyer

0 reviews

Lawyer Serving at Southfield - Michigan

27777 Franklin Road, Michigan, 48034

Michelle M. Stephenson

Bankruptcy and debt Lawyer Serving at Southfield - Michigan

26555 Evergreen Rd Ste 1100, Michigan, 48076-4251
  • Bankruptcy and debt
  • Southfield, Michigan Bankruptcy and debt Lawyer

0 reviews

Lawyer Serving at Southfield - Michigan

26555 Evergreen Rd Ste 1100, Michigan, 48076-4251

John W. Henke, III

Bankruptcy and debt Lawyer Serving at Birmingham - Michigan

251 E Merrill St Ste 212, Michigan, 48009-6150
  • Wayne State University Law School
  • Bankruptcy and debt, Business, Commercial, Real Estate and Litigation
  • Birmingham, Michigan Bankruptcy and debt Lawyer
Free Consultation +12486478590

0 reviews

Lawyer Serving at Birmingham - Michigan

251 E Merrill St Ste 212, Michigan, 48009-6150
Free Consultation +12486478590

Jennifer Nicole Cleaver

Bankruptcy and debt Lawyer Serving at Ludington - Michigan

PO Box 403, Michigan, 49431-0403
  • Bankruptcy and debt, Business, General Practice, Guardianship, Medicaid and Medicare, Probate, Real Estate and Wills and Living Wills
  • Ludington, Michigan Bankruptcy and debt Lawyer

0 reviews

Lawyer Serving at Ludington - Michigan

PO Box 403, Michigan, 49431-0403

Andrew R. McInnis

Appeals and Appellate Lawyer Serving at Grand Rapids - Michigan

25 Division Ave S Ste 500, Michigan, 49503-4233
  • Michigan State University College of Law
  • Appeals and Appellate, Bankruptcy and debt, Business, Debt and Lending Agreements, Personal Injury, Tax and Wills and Living Wills
  • Grand Rapids, Michigan Appeals and Appellate Lawyer

0 reviews

Lawyer Serving at Grand Rapids - Michigan

25 Division Ave S Ste 500, Michigan, 49503-4233

Brandon M Haubert

Bankruptcy and debt Lawyer Serving at Cabot - Arizona

wh Law, Arizona, 72023
  • Bankruptcy and debt, Chapter 11 Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Debt Settlement, Probate and Wills and Living Wills
  • Cabot, Arizona Bankruptcy and debt Lawyer
Free Consultation

0 reviews

Lawyer Serving at Cabot - Arizona

wh Law, Arizona, 72023
Free Consultation

Mehnaz I. Khan

Family Lawyer Serving at Fairfax - Virginia

Mehnaz Khan Law, PLLC, Virginia, 22032
  • Family, Child Custody, Child Support, Paternity, Marriage and Prenuptials, Domestic Violence, LGBT+ Law, Divorce and Separation, Collaborative Law, ...
  • Fairfax, Virginia Family Lawyer
Free Consultation +17035396888

0 reviews

Lawyer Serving at Fairfax - Virginia

Mehnaz Khan Law, PLLC, Virginia, 22032
Free Consultation +17035396888

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.