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Find an Imperial County Bankruptcy Lawyer
The area of law that is known as bankruptcy law can refer to a broad range of legal practices, most of which deal, in a way, with the laws that cover bankruptcy issues in Imperial County. It contains topics such as garnishments, foreclosure defense, debt relief, and the legal issues that accompany these types of cases.
A case that involves bankruptcy law is typically difficult and emotionally charged. Attorneys can provide support during these difficult times in an individual’s life. Matters in bankruptcy law can be complex and may involve many different categories of law in the same case. For example, a bankruptcy claim may also include issues such as foreclosure and debt relief.
A bankruptcy lawyer many times specializes in an area of bankruptcy law, which may include debt relief. Even though an attorney may specialize in a subcategory of bankruptcy law, they are equipped to handle matters that are also related to the claim.
Locating The Right Imperial County Bankruptcy Law Attorneys
Bankruptcy law has a few broad subcategories. These include issues related to a debt, issues involving foreclosure, and other issues related to the bankruptcy. In certain bankruptcy law cases, issues which cover multiple subcategories will be involved in the same case.
There are many legal issues that arise as a result of a bankruptcy. It is important for an individual to first decide if bankruptcy is right for them. Once they decide that bankruptcy is necessary, they must determine what chapter to file under. The three most common bankruptcy chapters are Chapter 7, Chapter 13, and Chapter 11. It may also be possible to come to an agreement with a creditor instead of filing for bankruptcy.
In many cases, bankruptcy claims are complicated types of cases which usually involve numerous subcategories of bankruptcy law. Bankruptcy lawyers are trained and equipped to protect their client’s rights during their bankruptcy proceeding. Bankruptcy lawyers also assist the parties in creating a formal document that covers any issues which the sides are able to reach an agreement on.
Debtors who are unable to afford their payments may qualify to file for Chapter 7 or Chapter 13 bankruptcy. An individual will be required to forfeit some of their property in Chapter 7 bankruptcy, but there are some exceptions. An individual is allowed to keep their property in a Chapter 13 bankruptcy, but they are required to submit to a repayment plan for that property. Debtors who do not quality for Chapter 7 may qualify for Chapter 13.
A Chapter 11 bankruptcy is usually filed by a business, although partnerships and individuals can also file for Chapter 11. By filing a Chapter 11 bankruptcy, a business can reorganize in order to repay its debts and continue operations so that it might become profitable again. In a Chapter 11 filing, a business is not required to forfeit property; however, the business must repay debt, although there are some exceptions.
There are also numerous legal issues surrounding bankruptcies, including creditor harassment issues and repossession of property. A creditor is not allowed to attempt to collect a debt which is included in the bankruptcy. If a creditor continues to call the debtor regarding the debt, they should contact a bankruptcy attorney. Their attorney can assist them with stopping the harassment and filing and complaint.
Do I Need to Get in Touch With Imperial County Bankruptcy Law Attorneys for My Case?
Having a bankruptcy attorney assisting with your bankruptcy law issue is extremely helpful. Your attorney can ensure that your rights are protected during what can be a difficult time. LegalMatch provides you with a matching service that is free of charge . It allows you to share your legal issue with bankruptcy lawyers and decide which one best suits your needs.