FIND YOUR BANKRUPTCY LAWYER TODAYcolor scheme dots

Direct Connect with bankruptcy attorneys in your area today by simply filling out the form below and we'll connect you with bankruptcy attorneys in your area. No hassles, no worries, no obligations, and it's 100% FREE. Try it today.


Browse for Lawyers by State

Click on your state to begin.

break

DIRECT CONNECT

With a bankrupcty lawyer in your area.


Are you currently interested in filing for Bankruptcy? Yes  No
Are you filing as an individual or a business? Individual  Business

Enter the security code:*

No Hassles, No Worries, No Obligations and it's 100% Free. 15 Years Experience & Hunderds of Satisfied Bankruptcy Clients Nationwide!
divider

Bankruptcy Lawyers Handle the Following

Bankruptcy lawyers assist individuals and companies who are having financial difficulties. These difficulties arise as the result of a large financial debt. Two types of debt can lead to bankruptcy. The most common type is unsecured debt, for which collateral has not been put up. Examples of unsecured debt are the money owed on a credit card and doctor bills. The second type of debt is secured debt. This debt involves someone putting up collateral for the debt, thus guaranteeing the debt will be repaid. A car loan is an example. The car itself is used to guarantee that the seller will receive payment. If the buyer cannot afford the car lone, the car is repossessed by the seller in place of payment. A bankruptcy lawyer will help guide you through the bankruptcy process, often reducing or eliminating your unsecured debt and helping to establish an affordable payment plan for your secured debt.

Chapter 7

Chapter 11

Chapter 12

Chapter 13

Debtor

Creditor

Filing Bankruptcy

Filing bankruptcy starts with collecting all of your personal financial information. This will include a list of all your secured and unsecured debts (you might find ordering your credit report helpful), tax returns for the last two years, deeds to any real estate you own, car titles, and any other loan documents you may have.

Then either your attorney, or yourself if you decide to file without the help of an attorney, will need to complete the bankruptcy forms. These forms, collectively referred to as the schedules, ask you to describe your current financial status and recent financial transactions (usually within the last two years). If you are filing a Chapter 13 bankruptcy, a proposed repayment plan must also be submitted with your petition. Once the bankruptcy petition is completed you will need to file the petition with your local United States bankruptcy court. The fee for filing a chapter 7 bankruptcy is $306 and the fee for a chapter 13 bankruptcy is $281.

Immediately upon filing your petition with the bankruptcy court an automatic stay goes into effect. This provision prevents creditors from making direct contact with you or staking a claim to any of your property from the date of filing. Approximately a month after filing bankruptcy, the trustee will call a first meeting of creditors. This meeting, often called a 341 meeting, requires the presence of the debtor. Creditors rarely attend the 341 meeting even if they have some specific questions about the bankruptcy filing. Objections are typically resolved by negotiation between the debtor or the debtor's counsel and the creditor. If a compromise can not be reached, a judge will intervene.The meeting of creditors typically lasts about five minutes. If there are no challenges, you will receive a notice from the court, usually within four to six months, that the bankruptcy is discharged.

Get Started Today!

If your creditors are making your life miserable, bankruptcy may be able to help make a lot of the pain disappear. At BankruptcyLawyerLocator.com, our experienced bankruptcy lawyers do nothing but Chapter 7 and 13 bankruptcies for people just like you, and they have extensive experience in getting the most for their clients-both during the bankruptcy process, and in their lives after bankruptcy.

Want to stop those harassing creditor phone calls and collection letters? Contact us today. You can use our secure and confidential online case evaluation form to schedule a free no obligation consultation with one of our attorneys, who will then contact you at a convenient time to discuss your bankruptcy options. You can also call our toll-free hotline at (866) 353-6800.


Browse Lawyer by State

Alabama Bankruptcy LawyerAlaska Bankruptcy Lawyer
Arizona Bankruptcy LawyerArkansas Bankruptcy Lawyer
California Bankruptcy LawyerColorado Bankruptcy Lawyer
Connecticut Bankruptcy LawyerDelaware Bankruptcy Lawyer
District of Columbia Bankruptcy LawyerFlorida Bankruptcy Lawyer
Georgia Bankruptcy LawyerHawaii Bankruptcy Lawyer
Idaho Bankruptcy LawyerIllinois Bankruptcy Lawyer
Indiana Bankruptcy LawyerIowa Bankruptcy Lawyer
Kansas Bankruptcy LawyerKentucky Bankruptcy Lawyer
Louisiana Bankruptcy LawyerMaine Bankruptcy Lawyer
Maryland Bankruptcy LawyerMassachusetts Bankruptcy Lawyer
Michigan Bankruptcy LawyerMinnesota Bankruptcy Lawyer
Mississippi Bankruptcy LawyerMissouri Bankruptcy Lawyer
Montana Bankruptcy LawyerNebraska Bankruptcy Lawyer
Nevada Bankruptcy LawyerNew Hampshire Bankruptcy Lawyer
New Jersey Bankruptcy LawyerNew Mexico Bankruptcy Lawyer
New York Bankruptcy LawyerNorth Carolina Bankruptcy Lawyer
North Dakota Bankruptcy LawyerOhio Bankruptcy Lawyer
Oklahoma Bankruptcy LawyerOregon Bankruptcy Lawyer
Pennsylvania Bankruptcy LawyerPuerto Rico Bankruptcy Lawyer
Rhode Island Bankruptcy LawyerSouth Carolina Bankruptcy Lawyer
South Dakota Bankruptcy LawyerTennessee Bankruptcy Lawyer
Texas Bankruptcy LawyerUtah Bankruptcy Lawyer
Vermont Bankruptcy LawyerVirginia Bankruptcy Lawyer
Washington Bankruptcy LawyerWest Virginia Bankruptcy Lawyer
Wisconsin Bankruptcy LawyerWyoming Bankruptcy Lawyer

Return to top


Featured Lawyer

Law Offices of James Andion

445 South Figueroa Street
Los Angeles, CA
626-289-1898

View More

Credit Help

Credit Information

Washington Oregon California Nevada Idaho Montana Wyoming Utah Arizona North Dakota Colorado New Mexico South Dakota Nebraska Minnesota Wisconsin Michigan Iowa Kansas Oklahoma Texas Alaska Missouri Illinois Indiana Arkansas Ohio Kentucky Hawaii Louisiana Tennessee Mississippi Alabama Florida Georgia Pennsylvania South Carolina North Carolina Virginia West Virginia New York Maryland Delaware New Jersey Connecticut Rhode Island Massachusetts Vermont New Hampshire Maine Rhode Island Delaware Washington, DC