Filing for bankruptcy is a great way to get out from under burdensome debt, and most people feel a tremendous sense of relief when their bankruptcy case is over. But understanding the process and filling out the bankruptcy forms can be daunting. This is where a bankruptcy lawyer comes in!
Generally, bankruptcy lawyers specialize in either consumer bankruptcy, representing either individuals or creditors (usually financial institutions) in Chapter 7 or 13 proceedings, or in commercial bankruptcy, representing either debtor or creditor corporations in Chapter 7 or 11 cases. Bankruptcy practices are often a mix of transactional and litigation matters.
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