Find a Santa Clara County Bankruptcy Lawyer

Bankruptcy law is a body of laws that includes a broad range of legal matters. Many of these issues deal, in some way, with laws that cover bankruptcy issues in Santa Clara County. This area of law includes things like debt relief, foreclosure defense, garnishments, and all of the legal issues that accompany these matters.

Bankruptcy law cases can be very difficult and emotionally challenging. A lawyer will be able to support during these times. Matters involving bankruptcy law may be complex and may involve many categories of law within the same case. For example, a foreclosure issue may be part of a bankruptcy case.

A bankruptcy lawyer many times specializes in one subcategory of bankruptcy law, that may include business bankruptcies, personal bankruptcies, or foreclosure defense. Even if attorneys specialize in a subcategory of bankruptcy law, they can handle any matters that are related to the claim.

Locating The Right Santa Clara County Bankruptcy Law Attorneys

Bankruptcy law includes many categories. They include issues surrounding debt, issues involving foreclosure, and other bankruptcy related issues. In many bankruptcy law cases, issues that touch multiple subcategories are involved.

Bankruptcies often include many legal matters which come up. It is essential for a debtor to decide if bankruptcy is the right solution. Once they decide 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 a creditor to settle debt instead of having to file for bankruptcy.

In many cases, bankruptcy claims are complex types of cases which often involve numerous subcategories of bankruptcy law. Bankruptcy lawyers are trained and equipped to protect their client’s rights during their bankruptcy. Bankruptcy lawyers also help the parties in drafting a formal document that covers any matters which the sides are able to agree on.

Chapter 7 and Chapter 13 bankruptcies are for individuals who are unable to afford their payments. A Chapter 7 bankruptcy is known as a liquidation bankruptcy. It the debtor to forfeit the majority their property, with exceptions. A Chapter 13 bankruptcy is for individuals who want to retain their assets or who have too much income and assets to qualify for a Chapter 7 bankruptcy. In a Chapter 13 bankruptcy, the debtor will be required to agree to 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 pay off its debt and continue operating. Although the business does not have to give up property, it must still repay its debt, with some exceptions.

There are also different legal matters involving bankruptcy, including harassment by creditors and repossession of property. After a debtor files for bankruptcy, a creditor cannot make any further attempts to collect the debt in the bankruptcy. The debtor should instruct the creditor or creditors to stop contacting them regarding the debt. If the harassment does not stop, a bankruptcy attorney can assist the debtor in filing a complaint or a lawsuit.

Should I Contact Santa Clara County Bankruptcy Law Attorneys?

A bankruptcy attorney will assist you with any bankruptcy law matters you may be facing. Having a lawyer’s help is of the utmost importance. This is because issues that involve bankruptcy law can be very challenging. Your bankruptcy attorney will be able to provide you with support and ensure that your needs are met. LegalMatch provides a no-cost matching service where you can share your legal issue with lawyers and choose which attorney best suits your needs.