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Why would anyone need a bankruptcy attorney?

Updated: 8/19/2019
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12y ago

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People who have accumulated debt beyond their ability to pay, either due to medical bills, credit card bills, disaster, business failure or other financial devestations could need a bankruptcy attorney. This attorney can help guide them through the steps neccesary to help eliminate debt and help a person move on towards a better financial future.

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Q: Why would anyone need a bankruptcy attorney?
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Am I required to retain a bankruptcy attorney if I want to file for bankruptcy?

Yes you will need an attorney to file for bankruptcy and deal with the court. As an individual you will not be able to schedule hearings, etc as necessary to do the bankruptcy.


Can a cosigner acquire foreclosed business property after the borrower files bankruptcy?

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Does your bankruptcy affect a mortgage still held in both your names even though you are divorced?

Yes. You need to consult with a bankruptcy attorney who can explain the consequences under federal and state laws.Yes. You need to consult with a bankruptcy attorney who can explain the consequences under federal and state laws.Yes. You need to consult with a bankruptcy attorney who can explain the consequences under federal and state laws.Yes. You need to consult with a bankruptcy attorney who can explain the consequences under federal and state laws.


Can my loans be discharged in bankruptcy?

Bankruptcy laws are complex. You will need to get correct answers from a competent attorney.


Where can one file for bankruptcy or fraud?

In order to file for bankruptcy a person will need to hire an attorney or lawyer. Bankruptcy has long term financial consequences for the person so a competent attorney should be hired.


Can a Chapter 7 bankruptcy discharge court order judgments?

yes but you still need to talk to a Bankruptcy attorney


Can you do a short sale after a house was included in a bankruptcy?

No. The title to the property is encumbered by the bankruptcy. You would need the court to release the property in order for you to be able to sell it. You should discuss it with your attorney.No. The title to the property is encumbered by the bankruptcy. You would need the court to release the property in order for you to be able to sell it. You should discuss it with your attorney.No. The title to the property is encumbered by the bankruptcy. You would need the court to release the property in order for you to be able to sell it. You should discuss it with your attorney.No. The title to the property is encumbered by the bankruptcy. You would need the court to release the property in order for you to be able to sell it. You should discuss it with your attorney.


You own a small LLC construction company and need to file bankruptcy. You don't want to lose your house what should you do first?

Bankruptcy is governed by federal law and must be filed in a United States Bankruptcy Court. While individuals may file without an attorney, corporations and partnerships mustbe represented by an attorney. You need to consult with and hire an attorney who specializes in bankruptcy and who has a good reputation.


Will you own your house after chapter 13?

You should consult a qualified bankruptcy attorney in your area as laws from state to state, and the federal courts in your area may have a take on something that the bankruptcy attorney would be aware of. Your home likely has a secured mortgage or loan that you used to purchase the house. This is a debt secured by the property and therefore will need to be paid to continue to keep the house. However, bankruptcy law can be complicated and you absolutely need to consult with an attorney. It is highly likely that there are nuisances and protections regarding your home and the debt on it that would be benficial to know prior to making a decision to file for bankruptcy and the attorney may have other ideas other than bankruptcy that you find more to your benefit.


Can you keep a vacation home in bankruptcy?

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What happens if you consigned for real estate and the person declares bankruptcy?

You need to consult a nearby personal bankruptcy attorney that has experience in working with creditor's privileges.


You filed bankruptcy and lost job and bankruptcy dismissed case?

You need to start off by talking to your attorney or get some professional help from financial advisors especially experts from bankruptcy,liquidation or insolvency.