Find an Orange County Bankruptcy Lawyer

"Bankruptcy Law" encompasses a vast range of legal practices, many of which deal, in some manner, with the laws that encompass bankruptcy issues in Orange County. It includes topics like garnishments, foreclosure defense, debt relief, and all the accompanying legal issues.

Bankruptcy law matters are often emotionally challenging and difficult. A lawyer may be able to provide their client with support during these difficult times. Bankruptcy law matters can also be complicated and may involve several subcategories of law at one time. For example, a bankruptcy case may include other issues such as debt relief and foreclosure.

Often, a bankruptcy lawyer will specialize in one subcategory of bankruptcy law, such as debt relief. However, even if an attorney does specialize in one subcategory of bankruptcy law, they are able to handle other issues related to the case.

How Can I Locate The Right Bankruptcy Law Attorneys in Orange County?

There are several main issues related to bankruptcy law. These include debt issues, issues involving foreclosure, and other bankruptcy related issues. In certain cases, issues from more than one subcategory of bankruptcy law will be involved.

Bankruptcies can involve many legal issues which arise. It is important for the debtor to determine if filing for bankruptcy is the best solution for their current situation. Once they determine that bankruptcy is proper, a debtor must decide which chapter to file. Usually, a debtor will file under Chapter 7, Chapter 13, and Chapter 11. It is important to note that it can be possible to reach an agreement with creditors to settle debt rather than file for bankruptcy.

In many cases, a bankruptcy is complex and often involves numerous subcategories of bankruptcy law. Bankruptcy lawyers will help protect their client’s rights during a bankruptcy. Bankruptcy lawyers can also help the parties in creating a resolution that covers those matters which the sides are able to agree on.

Chapter 7 and Chapter 13 bankruptcies are for debtors who are unable to pay their bills. A Chapter 7 bankruptcy is also called a liquidation bankruptcy. It the individual to forfeit the majority their property, with exceptions. A Chapter 13 bankruptcy is for individuals who want to retain their property or who have too much income and assets to qualify for a Chapter 7 bankruptcy. In a Chapter 13 bankruptcy, the individual will be required to agree to a repayment plan.

Chapter 11 bankruptcy, or reorganization bankruptcy, is typically filed by businesses. However, it may also be used by a partnership. A Chapter 11 bankruptcy allows for the reorganization of a business so that it can pay off its debt and continue operating. Even though the business is not required to sell any property, the business must still repay its debt, with some exceptions.

There are other legal issues surrounding bankruptcies, that may include repossession of property and harassment from creditors. Creditors cannot attempt to collect a debt included in a bankruptcy. There are laws which protect debtors who filed bankruptcy from creditor harassment. If a debtor is experiencing creditor harassment, they should contact an attorney for their options.

Do I Need to Get in Touch With Orange County Bankruptcy Law Attorneys for My Case?

It is important for your bankruptcy lawyer to assist you with bankruptcy law issues you are facing. Cases in bankruptcy law are typically extremely difficult. Bankruptcy attorneys are equipped to provide support and assistance throughout the bankruptcy process. At LegalMatch, you can present your case at no charge and determine which lawyer is best for your situation.