What does a bankruptcy lawyer do?
Bankruptcy lawyers help individuals and businesses get relief from debts they cannot repay. Chapter 7 can discharge many unsecured debts quickly, while Chapter 13 sets up a court-approved repayment plan that can stop foreclosure and let you catch up over time.
Filing triggers an automatic stay that halts most collection activity, wage garnishments and foreclosure sales. A bankruptcy attorney will review whether you qualify, which property you can keep under your state’s exemptions, and whether alternatives make more sense.
Common bankruptcy cases
- Chapter 7 liquidation
- Chapter 13 repayment plans
- Stopping foreclosure and repossession
- Wage garnishment
- Small business bankruptcy
- Creditor harassment
When should you hire a bankruptcy lawyer?
- You are being sued by creditors or your wages are being garnished
- Your home is facing foreclosure
- You are using credit to pay basic living expenses
How much does a bankruptcy lawyer cost?
Chapter 7 cases are usually handled for a flat fee paid before filing. Chapter 13 fees are often partly paid through the repayment plan.
Questions to ask in your consultation
- Do I qualify for Chapter 7, or would Chapter 13 be better?
- Which of my assets are protected?
- What is your fee and how is it paid?