When a person or business is completely overwhelmed by financial obligation and can no longer meet them - often by no fault of their own - the law provides that they can find a way out through bankruptcy.
Bankruptcy is governed by federal law. Bankruptcy matters are heard in a federal court. Different types of bankruptcy include Chapter 13 debt repayment plans, Chapter 7 debt discharge plans, or Chapter 11 reorganization plans.
A Rancho Palos Verdes, California bankruptcy lawyer can help his or her client navigate this difficult legal proceeding.
CBLS Board Certification in Bankruptcy Law - Lawyers certified in bankruptcy law by the State Bar of California Board of Legal Specialization have demonstrated substantial involvement in this area of practice.
The term bankruptcy law is defined by the CBLS as the "practice of law under the United States Bankruptcy Code (11 U.S.C. Section 101, et seq.) ("Code")."
Bankruptcy law includes the representation "of debtors, creditors, trustees, committees, and all other interested parties under the Code."
NACBA serves the needs of consumer bankruptcy attorneys and works to protect the rights of consumer debtors.