Bankruptcy Law

Bankruptcy is a provision of federal law gives people and companies in extreme debt to get a new start by reducing their debt or by providing them more time to repay their creditors.  If you are facing foreclosure, repossession, garnishment or lawsuits, contact an experienced Fairfax Bankruptcy lawyer to explain your options.

One of the above Fairfax Bankruptcy attorneys will discuss with you the purpose of Federal bankruptcy laws.  Bankruptcy lawyers help individuals and businesses by providing them with a fresh financial start unencumbered by massive debt.  Title 11 of the United States Bankruptcy Code describes what “Chapter” of the code which a Fairfax County business or resident may file for bankruptcy.  Your Fairfax lawyer can explain all details of the bankruptcy process, including what bills may be reduced or eliminated, what possessions you can keep, and how payments to your creditors can be delayed.

Chapter 7 Bankruptcy Lawyers in Fairfax County

Fairfax Bankruptcy lawyers help people and families get relief from creditors if they have accumulated too much debt. If you are such a person overburdened with bills and outstanding debt, you may want to speak with a Fairfax bankruptcy attorney today.  A qualified Fairfax County bankruptcy lawyer can advise you as to whether you and your family should consider filing for personal or consumer bankruptcy in Virginia Federal Bankruptcy Court or seek other options to reduce your obligations to creditors. One of the above Fairfax bankruptcy lawyers can provide you with the quality legal representation you need to navigate the complex requirements of the bankruptcy process.  Additionally, a Fairfax bankruptcy attorney will help you complete the necessary paperwork required for the court.

Chapter 11 Fairfax County Bankruptcy Lawyers

Also known as 'Reorganization,' Chapter Eleven bankruptcy is normally the chapter under which Fairfax county businesses file in order to get relief from creditors.  Your Fairfax bankruptcy attorney will explain how Chapter 11 bankruptcy allows a business to continue operating while paying back creditors according to a plan approved by the bankruptcy court.

Chapter 13 Bankruptcy Attorneys in Fairfax County

Bankruptcy under Chapter Thirteen is known as 'Adjustment of Debts of an Individual with Regular Annual Income,'  and is designed to only help individuals who have accumulated too much debt.  Chapter Thirteen bankruptcy enables the debtor to keep valuable assets, such as a home, while paying creditors according to a plan approved by the bankruptcy court.  Your Fairfax bankruptcy attorney will work for you to try to convince the court to adopt a reasonable plan in accordance with the Bankruptcy code requirements.

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