Best Bankruptcy Lawyers in United States

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BakerHostetler attorneys
Los Angeles, United States

Founded in 1916
5,000 people in their team
English
Established in 1916, BakerHostetler is one of the largest law firms in the U.S., with more than 1,000 lawyers and 18 offices across the country. We handle clientsโ€™ most critical legal matters - securing advantageous outcomes amid regulatory scrutiny and bet-the-company litigation; closing deals...
Davis Malm
Boston, United States

Founded in 1979
60 people in their team
English
We want to get to know you. Whether itโ€™s just you or your business, whether youโ€™re in Boston or Bangkok, a start-up or a Fortune 500, you have unique needs that we want to understand. As one of New Englandโ€™s most experienced law firms, weโ€™ve learned what works: agility, consistency and...
Gallagher Evelius & Jones LLP
Baltimore, United States

Founded in 1950
105 people in their team
English
Early in his life our founder, Francis (โ€œFrankโ€) X. Gallagher, learned the importance of opportunity. Despite showing early signs of brilliance, he would not have been able to attend college or law school without the aid of scholarships due to his familyโ€™s desperate poverty. Throughout his...

Founded in 1994
1,000 people in their team
English
WilmerHale is a leading, full-service international law firm with 1,000 lawyers located throughout 13 offices in the United States, Europe and Asia. Our lawyers work at the intersection of government, technology and business, and we remain committed to our guiding principles of:providing...
Edelboim Lieberman PLLC

Edelboim Lieberman PLLC

30 minutes Free Consultation
Miami, United States

Founded in 2018
10 people in their team
English
Our Miami commercial litigation attorneys are experienced in a range of matters with a sustained record of success. Edelboim Lieberman is all about finding solutions that meet your needs. We offer practical advice and skilled representation in bankruptcy litigation, commercial litigation, and real...

Founded in 1916
100 people in their team
English
Firm HistoryMirick, O'Connell, DeMallie & Lougee, LLP has a rich history as a Central Massachusetts-based law firm with an uncompromising commitment to excellence in client service and to the communities in which our attorneys and staff work and live.The firm was founded in 1916 by George...

Founded in 1971
50 people in their team
English
A Full Service Law FirmPage, Mannino, Peresich & McDermott, PLLC is one of Mississippi's oldest and most distinguished law firms.  We serve our clients with experience, dedication and focus from our offices in Biloxi and Madison, Mississippi.  Our attorneys are licensed in...
Kahn, Dees, Donovan & Kahn, LLP.
Evansville, United States

Founded in 1908
31 people in their team
English
PROVIDING RESULTS-ORIENTED LEGAL SERVICES SINCE 1908The Tri-Stateโ€™s Law Firm for BusinessesKahn, Dees, Donovan & Kahn, LLP, is an experienced full-service law firm in Evansville, Indiana, dedicated to effectively serving the legal needs of regional, national and international clients. Our...

Founded in 1966
5 people in their team
Dedicated And Skilled AttorneysOur decades of Indiana legal experience allow us to resolve even the most challenging problems. We will efficiently guide you through every step of the legal process so that you can focus on moving forward with your life. No matter your legal issue, our dedicated...
Young Wells Williams P.A.
Ridgeland, United States

Founded in 1962
29 people in their team
English
Who We AreWe are YoungWells, and we are comprised of attorneys at law who specialize in representing our clientโ€™s diverse needs and using our knowledge and expertise to provide practical and clear answers to their problems. While our experience and knowledge rival that of larger firms, we have...
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About Bankruptcy Law in United States:

Bankruptcy in the United States is a legal process that helps individuals and businesses who are unable to repay their debts to get a fresh start by eliminating or restructuring their debts. There are various types of bankruptcy, with Chapter 7 and Chapter 13 being the most common for individuals. It's essential to understand your rights and responsibilities under the bankruptcy laws to make informed decisions.

Why You May Need a Lawyer:

You may need a lawyer to navigate the complex legal requirements of bankruptcy, especially if you have significant assets, debts, or income. A lawyer can help you understand your options, prepare and file paperwork accurately, protect your rights, negotiate with creditors, represent you in court, and ensure a successful outcome.

Local Laws Overview:

Each state may have its specific laws and regulations that can impact the bankruptcy process. It's crucial to be aware of the local laws that apply to your situation, such as exemption limits, property laws, and procedural requirements. Consulting with a local bankruptcy attorney who is familiar with these laws can help you navigate the process more effectively.

Frequently Asked Questions:

1. What is the difference between Chapter 7 and Chapter 13 bankruptcy?

Chapter 7 allows for the discharge of most debts, while Chapter 13 involves a repayment plan over three to five years.

2. Will bankruptcy stop creditors from harassing me?

Yes, bankruptcy's automatic stay prohibits creditors from contacting you or pursuing collection actions while your case is pending.

3. Can bankruptcy eliminate all of my debts?

Not necessarily. Certain debts like student loans, child support, and taxes may not be dischargeable in bankruptcy.

4. Will bankruptcy ruin my credit score?

Bankruptcy can negatively impact your credit score initially, but it is possible to improve it over time with responsible financial practices.

5. How long does the bankruptcy process take?

The process duration depends on the type of bankruptcy but generally takes a few months to several years.

6. Can I keep my assets in bankruptcy?

Exemptions exist that allow you to keep certain assets like your home, car, and personal belongings in bankruptcy.

7. What are the costs associated with filing for bankruptcy?

In addition to attorney fees, there are filing fees and credit counseling fees that must be paid when filing for bankruptcy.

8. Can I file for bankruptcy without a lawyer?

While it's possible to file for bankruptcy pro se, having a lawyer can significantly increase your chances of a successful outcome.

9. What are the consequences of not completing a Chapter 13 repayment plan?

Failing to complete your Chapter 13 repayment plan may result in your case being dismissed, leaving you still responsible for the debts.

10. How can I rebuild my credit after bankruptcy?

You can start rebuilding your credit by paying bills on time, using credit responsibly, and checking your credit report regularly.

Additional Resources:

For additional resources and information on bankruptcy in the United States, consider contacting the American Bankruptcy Institute, National Association of Consumer Bankruptcy Attorneys, or your local bar association for referrals to qualified bankruptcy attorneys in your area.

Next Steps:

If you are considering bankruptcy or have questions about the process, it's essential to consult with a qualified bankruptcy attorney who can provide personalized guidance based on your unique situation. Take the first step towards financial freedom by seeking legal advice today.

Lawzana helps you find the best lawyers and law firms in United States through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Bankruptcy, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in United States - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.