Local Bankruptcy Attorneys
Find A Bankruptcy Attorney in Your Local Area
  1. feature photo

    Bailing Out on Bankruptcy

    Bailout vs bankruptcy Recent government bailouts of private businesses have generated debate about whether the time-honored institution of bankruptcy is the appropriate mechanism for dealing with big business insolvency. Naysayers of the TARP bailouts contend that rescued businesses are candidates for bankruptcy and that bolstering them with public funds not only fails to address underlying [...]
    feature photo

    Celebrity Bankruptcies

    Bankruptcy for the rich and famous? You bet. Here are a few celebrity bankruptcies noted today in Parade Magazine: Mike Tyson The former world heavyweight  once had an estimated worth of $300 million. But with an incredibly lavish lifestyle — including pet tigers, a custom-built Bentley, and a removable glass roof on his mansion — [...]
    feature photo

    Bankruptcy Is the Answer for Many

    The last resort You can’t make your mortgage payment. Or you’ve lost your job and are faced with a mountain of credit card debt. Either way, you’re a casualty in the nation’s economic avalanche and you find yourself contemplating the last resort — bankruptcy. Bankruptcy is a choice more and more Americans are willing to [...]
    feature photo

    Overextended? You’re Not Alone

    If you’re like many Americans right now, you’re struggling just to make day-to-day ends meet. You may be thinking you’ll never get current on your debts, let alone pay them off.

    We want to help. From here, you can get answers to frequently asked questions about bankruptcy, review other debt-relief options, check out helpful online resources, or join a live chat group. In the end, it’s best to consult a bankruptcy attorney in your area to find out which debt-relief option is best for you. We’ll help you get a FREE 30-Minute Consultation.
    feature photo

    Keep Your Home

    The risk of losing a home prompts a lot of people to seek help from an attorney. Most people who file Chapter 7 or Chapter 13 bankruptcies are able to save their homes and cars from foreclosure or repossession, but there are many factors to consider.

    Learn more about your rights and options in a FREE 30-Minute Consultation with an experienced and local bankruptcy attorney.

    feature photo

    Put an End to Creditor Harassment

    Being harassed by creditors and their collection agencies is one of the worst things about having financial problems.

    They call constantly. They bother you at work. They call your boss. They knock on your door. They call your friends. Faced with insurmountable debt, you may feel there’s nothing you can do to stop them. But you have legal rights and remedies.

    To learn more, use your FREE 30-Minute Consultation.
    Featured Content 1 2 3 4 5 6

  2. Mandatory Debt Counseling 

    Pre-Filing Credit Counseling and Post-Filing Debtor Education

    Before you can file a Chapter 7 or Chapter 13 bankruptcy, you must complete an individual or group credit counseling session with an approved organization. Pre-filing counseling sessions, which last about 60 to 90 minutes, include an evaluation of your personal financial situation, a discussion of alternatives to bankruptcy, and the creation of a personal budget plan.

    Before you can obtain a discharge of your debts under Chapter 7 or Chapter 13, you must attend a debtor education course in personal financial management provided by an approved organization. The course, which takes about two hours, includes information on developing a budget, managing money, and using credit wisely.

    You may fulfill both educational requirements by attending in person, by phone, or online. A list of approved organizations is available at the bankruptcy clerk’s office for the district where you will file and online at http://www.usdoj.gov/ust/eo/bapcpa/ccde/cc_approved.htm . (If you plan to file in Alabama or North Carolina, go to http://www.uscourts.gov/bankruptcycourts/approvedagencies.html .) The organizations are allowed to charge a reasonable fee, but must provide the services free of charge if you cannot afford to pay.

    Generally, pre-filing credit counseling and post-filing debtor education may not be provided at the same time. Credit counseling must take place before you file for bankruptcy; debtor education must take place after you file and before your debts are discharged. In rare circumstances, some persons may be excepted from these educational requirements. For more information about choosing a credit counseling organization, go to http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre41.shtm

    If you want help choosing a credit counseling organization please fill in this form:

    (required)
    (required)






Localbankrupcyattorneys.org is an advertisement site for bankruptcy lawyers who wish to advertise their services. We are not bankruptcy lawyers or prepaid legal services plan. Localbankrupcyattorneys.org, its owners or affiliates do not endorse or recommend any sponsoring bankruptcy attorney.

Copyright © 2009 Local Bankruptcy Attorneys