Bankruptcy And Debt

It can happen to just about anyone. An unexpected event—the loss of your job, an injury or illness, or a divorce—can suddenly make it impossible for you to meet your financial obligations. The American bankruptcy laws were enacted to give people the opportunity for a fresh start—to put behind them the stress and anxiety that come with financial challenges. And the more you know about the law, the process and your rights, the more effectively you can work with counsel to turn things around.

GetLegal.com’s Bankruptcy Law Center gives you accurate and useful information about the different bankruptcy options, as well as the law and process. In addition, you will find answers to many of your frequently asked questions about a bankruptcy filing.

Bankruptcy And Debt Practice Areas

Here are answers to some of the most commonly asked questions about the federal bankruptcy process.
Bankruptcy FAQs
When your business faces challenges and you can’t pay your company’s debts, there are bankruptcy options available—A Chapter 7 petition will allow you to liquidate business assets, and a Chapter 11 filing provides the opportunity to enter into new payment arrangements with your creditors.
Business Bankruptcy
The federal bankruptcy laws provide individuals with the opportunity for a fresh financial start, offering two distinct options: Chapter 7 liquidation and Chapter 13 reorganization.
Consumer Bankruptcy
When you owe money and cannot pay it, the remedies available to your creditor depend on how you initially created and documented the debt
Debtor–Creditor Law
Under the federal Fair Debt Collection Practices Act, creditors and the debt collectors they hire must refrain from a wide range of activities when attempting to collect a past due obligation.
The Fair Debt Collection Practices Act

Latest Article

Georgia Seeks to Restrict Voting
By GetLegal
Georgia Enacts New Law Curtailing Voting Rights Republicans in Georgia Seek to Halt Democrats’ Gains by Limiting Voti... Read More
Impeachment 101—An Overview of the Impeachment Process
By GetLegal
For the second time in the last 15 months, Donald Trump faces trial in the United States Senate as part of the impeachme... Read More
Misdemeanor Charges
By GetLegal
As a general rule, a misdemeanor is a criminal offense that carries a penalty of up to one year in detention. In most in... Read More

Show All Latest Article

Videos

Can I file bankruptcy without an attorney?
Alternatives to bankruptcy
Bankruptcy Laws

View All Videos

GETLEGAL^®ATTORNEY DIRECTORY

Find Leading Attorneys in Your Area

NEED PROFESSIONAL HELP?

Talk to an Attorney

How It Works

Briefly tell us about your case
Provide your contact information
Choose attorneys to contact you

Bankruptcy FAQs

Business Bankruptcy

Consumer Bankruptcy

Debtor–Creditor Law

The Fair Debt Collection Practices Act

Georgia Seeks to Restrict Voting

Impeachment 101—An Overview of the Impeachment Process

Misdemeanor Charges

Can I file bankruptcy without an attorney?

Alternatives to bankruptcy

Bankruptcy Laws

ABOUT GETLEGAL

NEWSLETTER SIGN-UP