When an individual debtor can no longer meet his or her financial obligations, he or she may seek protection through a bankruptcy proceeding in Arlington County, Virginia.
When an individual files for bankruptcy, he or she will usually file for either Chapter 7 or Chapter 13 bankruptcy.
Under a Chapter 7 bankruptcy, the debtor's nonexempt assets are liquidated and his or her debts are paid off. Debts remaining after all nonexempt assets are liquidated are usually discharged.
Under a Chapter 13 bankruptcy, the debtor is put on a court-ordered payment plan. Contact a bankruptcy attorney for legal advice on filing a Chapter 7 or Chapter 13 bankruptcy.
Board Certification in Consumer Bankruptcy Law - The American Board of Certification (ABC) is accredited by the ABA to certify attorneys as specialists in consumer bankruptcy law.
NACBA serves the needs of consumer bankruptcy attorneys and works to protect the rights of consumer debtors.
Lawyer Referral Service in Arlington, VA - Since 1969, the Arlington County Bar Association has sponsored a Lawyer Referral Service (LRS). The LRS connects individuals and businesses with qualified attorneys in the City of Arlington and the surrounding areas of Arlington County and Prince William County, VA. In exchange for a $50 consultation fee you will receive a 30 minute consultation with a qualified attorney. For more than 45 years, this community based non-profit service has played an important role in helping individuals find a pre-screened attorney experienced in a particular practice area of the law.