Consumer Debt Protection
Avoiding Bankruptcy and Credit Card Debt Management
Lawyer Central provides access to bankruptcy lawyers and bankruptcy attorneys to protect consumers and businesses from the negative effects of bankruptcy, foreclosure, and harassing creditors. There is also extensive information on bankruptcy law, so that you can understand all of your options if you are deep in debt and considering bankruptcy. Bankruptcy law refers to a branch of civil law dealing with both federal and state bankruptcy and insolvency laws and regulations. These bankruptcy laws may be applied to individuals, municipalities, or businesses.
During bankruptcy proceedings, a court administers the property and assets of a person or business who owes money to others, in order to pay off the debt. The business or person who owes money is referred to as the debtor, while the business or person who is owed money is called the creditor. A bankruptcy lawyer or attorney can help in these proceedings, which can be either voluntary or involuntary. In voluntary bankruptcy proceedings, the debtor files for bankruptcy in order to deal with a financial situation that cannot be resolved any other way. Sometimes, creditors force a debtor to file for bankruptcy because of the nature or amount of money owed in the debt; this is an involuntary bankruptcy proceeding, and bankruptcy attorneys can also help a debtor deal with these demands of creditors. If you need a bankruptcy lawyer or a bankruptcy attorney to help you deal with creditors and mounting debt, Lawyer Central provides access to an extensive network of bankruptcy lawyers ready to help you deal with your financial situation.