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Find a Nevada County Bankruptcy Lawyer
There is an area of laws called bankruptcy law. These laws can refer to a vast range of legal matters, most of which deal, in a capacity, with the laws which affect bankruptcy related issues in Nevada County. Bankruptcy laws contain things like debt relief, foreclosure defense, garnishments, and the legal issues that accompany these types of cases.
Bankruptcy law matters are often emotionally challenging and difficult. An attorney may be able to provide their client with support during these difficult times. Bankruptcy law cases can also be complex and may involve many different areas of law at one time. For example, a bankruptcy case may include other issues such as foreclosure and garnishments.
Many times, a bankruptcy lawyer specializes in one area of bankruptcy law, which may include garnishments. However, even when an attorney specializes in a subcategory of bankruptcy law, they still are trained to handle other issues which may be related to the case.
Locating The Right Nevada County Bankruptcy Law Attorneys
There are several main issues related to bankruptcy law. These include debt issues, issues related to foreclosure, and other bankruptcy related issues. In some cases, issues from more than one subcategory of bankruptcy law will be involved.
Bankruptcies often include many legal issues which come up. It is important for a debtor to determine if bankruptcy is the best solution. Once they determine that bankruptcy is necessary, they must determine what chapter to file. The three most common chapters of bankruptcy include Chapter 11, Chapter 7, and Chapter 13. It may also be possible to come to an agreement with creditors to settle debt instead of having to file for bankruptcy.
Bankruptcies may be complicated and will often involve multiple subcategories of bankruptcy law. A bankruptcy attorney helps protect their client’s rights during their bankruptcy proceedings. A bankruptcy attorney is able to guide the individuals in drafting a resolution that they can come to an agreement upon.
a debtor who cannot pay their bills may qualify for a Chapter 7 or a Chapter 13 bankruptcy. In a Chapter 7 bankruptcy, or liquidation bankruptcy, the individual will have to give up most of their property, with some exceptions. In a Chapter 13 bankruptcy, the individual can keep their property but they will be required to set up a repayment plan. Chapter 13 is for individuals who do not qualify for Chapter 7.
Chapter 11 bankruptcy, or reorganization bankruptcy, is typically filed for businesses. However, it may also be filed by a partnership. A Chapter 11 bankruptcy allows for the reorganization of a business so that it can continue operating and pay off its debt. Even though the business does not have to give up any property, the business is still required to repay its debt, with some exceptions.
Other additional legal matters can also come up which involve bankruptcies, including issues surrounding creditor harassment. Under the law, creditors cannot harass or intimidate an individual who has filed for bankruptcy. If an individual has requested that a creditor stop contacting them regarding the debt and the creditor does not abide, they can contact an attorney for help with a complaint or lawsuit.
Do I Need to Get in Touch With Nevada County Bankruptcy Law Attorneys for My Case?
Having a bankruptcy attorney assist you with your bankruptcy law matters is very important. Cases that involve bankruptcy law can often be challenging. A lawyer can provide you with advice throughout the process. At LegalMatch, you are able to present your case to bankruptcy lawyers free of charge and choose the one who best suits your needs.