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Find a Marin County Bankruptcy Lawyer
The body of law that is known as bankruptcy law refers to a vast range of legal matters, many of which deal, in a capacity, with the laws that cover bankruptcy issues in Marin County. It contains things such as debt relief, foreclosure defense, garnishments, and the legal issues that accompany these types of matters.
A matter involving bankruptcy law is often difficult and emotionally challenging. Lawyers are able to provide assistance during what can be difficult times. Matters involving bankruptcy law may be complex and can involve many categories of law. For example, a bankruptcy case may include other issues such as garnishments and foreclosure.
In many cases, bankruptcy lawyers will specialize in one subcategory of bankruptcy law, such as garnishments. Although an attorney may specialize in a subcategory of bankruptcy law, they are still equipped to handle other matters related to the case.
Locating The Right Bankruptcy Law Attorneys Within Marin County
Bankruptcy law has numerous categories. These include issues surrounding debts, issues surrounding foreclosure, and other issues related to the bankruptcy. Some cases involve issues from multiple subcategories of bankruptcy law.
There are many legal issues which arise in connection with bankruptcy. It is necessary for an individual to first decide if bankruptcy is the right solution for them. Once an individual determines to file bankruptcy, they must select what chapter to file under. Three common bankruptcy chapters include Chapter 11, Chapter 7, and Chapter 13. An individual can also be able to reach an agreement with a creditor instead of having to file for bankruptcy.
Bankruptcies can be very complicated cases which often involve multiple subcategories of bankruptcy law. A bankruptcy lawyer will help to ensure their client’s rights are protected while their bankruptcy are going on. A bankruptcy lawyer will also help the parties in drafting a formal resolution that covers issues which they can come to an agreement on.
Chapter 7 bankruptcies and Chapter 13 bankruptcies are for a debtor who cannot afford their debts. Chapter 7 bankruptcies are known as liquidation bankruptcies and will require the individual to forfeit their property, although there are some exceptions. Chapter 13 bankruptcies are for individuals who desire to retain their property, or for individuals who have too much income or property for Chapter 7. This chapter also requires the individual to repay their debts using a repayment plan.
Chapter 11 bankruptcy, also called reorganization bankruptcy, is usually filed for a business. It may also be filed by a partnership. A Chapter 11 bankruptcy allows the business to reorganize so that it can continue operating and pay off its debt. Although the business is not required to give up property, it must still repay its debt, with some exceptions.
In addition, there are other legal matters which may come up which involve bankruptcies, including repossession of property and harassment by creditors. Once a debt is included in a bankruptcy, a creditor is not permitted to attempt to collect the debt. The individual should advise the creditor to stop contacting them regarding the debt. If the creditor does not stop trying to collect the debt, the debtor can consult with a bankruptcy attorney who will assist them with filing a complaint or lawsuit.
Do I Need to Contact Marin County Bankruptcy Law Attorneys?
Having a bankruptcy attorney assist you with any bankruptcy law matters you may have is of the utmost importance. Issues involving bankruptcy law can be extremely difficult. An attorney is able to provide guidance and help you in ensuring that your needs are met. At LegalMatch, you are able to present your case to lawyers at no cost and choose which one is the best fit for you.