There are many reasons why people might need to file bankruptcy, a common one can be divorce. Sometimes it becomes necessary when people take on more debt than they can afford to pay. They get so far behind in their payments and never seem to have enough money to pay for basic needs like food, transportation and shelter, let alone credit card or other payments. Generally when people file for bankruptcy, they have tried every measure to catch up missed payments.
Illness is another circumstance that can drive people into financial disaster. With the high cost of health care, one hospital stay can drain a family's finances and if the person who is ill is the main financial provider. Other life events that might result in serious financial problems include the death of a spouse or divorce. Those who find themselves in these situations should seek the assistance of a bankruptcy attorney.
Filing for bankruptcy is a legal option that allows a person who cannot pay debts to have the collection of those debts suspended until the court can review the situation. The bankruptcy attorney works with the courts to help the individual develop a solution for resolving debt owed to creditors.
Bankruptcy attorneys specialize in this area because certification in this area makes it easier for consumers to find a lawyer who is qualified to handle bankruptcy matters. Being a specialist in the area of bankruptcy means that the attorney has engaged in continuing education to stay abreast of changes in laws related to bankruptcy and other issues that impact clients needing to go through this process.
To appreciate why an attorney should be a specialist in the area of bankruptcy, one only needs to think about his or her own physical health. Imagine having serious heart issues, but the only physician in town is a dermatologist. It is highly unlikely that a doctor with limited knowledge of the heart could provide the medical care needed in this situation. The same is the case with law. Anyone seeking legal help should hire the best-qualified attorney. Bankruptcy is an area where consumers need the help of professionals who specialize in this area.
How Does a Bankruptcy Lawyer Become Certified?
Each state has a bar association that regulates the practice of attorney. The bar associations also provide certification in specialty areas such as bankruptcy. Generally to become certified in an area, an attorney must prove that he or she does substantial work in that area. Delaware, for example, offers attorneys the opportunity to specialize in specific areas of law by completing continuing education courses through the Delaware State Bar Association. Continuing education for attorneys is usually offered through classes, webinars and independent study options.
How can a Bankruptcy Attorney Help?
A bankruptcy lawyer may help families and individuals receive legal relief from the obligation to pay debts. For example, a bankruptcy attorney may stop creditors from trying to collect debts. This is known as discharge of debt. Additionally, the attorney can help stop foreclosure on a home so that the individual filing bankruptcy will have time to catch up on payments. Since persons who file for bankruptcy need transportation to maintain their jobs and meet other responsibilities, the bankruptcy attorney may also be able to prevent possession of the vehicle.
Finding a Bankruptcy Lawyer
Many people begin their search for a qualified bankruptcy lawyer by contacting the Delaware State Bar Association which can provide a list of attorneys who are board certified in bankruptcy. Otherwise, individuals in need of such specialized services also contact firms like The Delaware Lawyers for a consultation. Our lawyers are always standing by to help.
Illness is another circumstance that can drive people into financial disaster. With the high cost of health care, one hospital stay can drain a family's finances and if the person who is ill is the main financial provider. Other life events that might result in serious financial problems include the death of a spouse or divorce. Those who find themselves in these situations should seek the assistance of a bankruptcy attorney.
Filing for bankruptcy is a legal option that allows a person who cannot pay debts to have the collection of those debts suspended until the court can review the situation. The bankruptcy attorney works with the courts to help the individual develop a solution for resolving debt owed to creditors.
Bankruptcy attorneys specialize in this area because certification in this area makes it easier for consumers to find a lawyer who is qualified to handle bankruptcy matters. Being a specialist in the area of bankruptcy means that the attorney has engaged in continuing education to stay abreast of changes in laws related to bankruptcy and other issues that impact clients needing to go through this process.
To appreciate why an attorney should be a specialist in the area of bankruptcy, one only needs to think about his or her own physical health. Imagine having serious heart issues, but the only physician in town is a dermatologist. It is highly unlikely that a doctor with limited knowledge of the heart could provide the medical care needed in this situation. The same is the case with law. Anyone seeking legal help should hire the best-qualified attorney. Bankruptcy is an area where consumers need the help of professionals who specialize in this area.
How Does a Bankruptcy Lawyer Become Certified?
Each state has a bar association that regulates the practice of attorney. The bar associations also provide certification in specialty areas such as bankruptcy. Generally to become certified in an area, an attorney must prove that he or she does substantial work in that area. Delaware, for example, offers attorneys the opportunity to specialize in specific areas of law by completing continuing education courses through the Delaware State Bar Association. Continuing education for attorneys is usually offered through classes, webinars and independent study options.
How can a Bankruptcy Attorney Help?
A bankruptcy lawyer may help families and individuals receive legal relief from the obligation to pay debts. For example, a bankruptcy attorney may stop creditors from trying to collect debts. This is known as discharge of debt. Additionally, the attorney can help stop foreclosure on a home so that the individual filing bankruptcy will have time to catch up on payments. Since persons who file for bankruptcy need transportation to maintain their jobs and meet other responsibilities, the bankruptcy attorney may also be able to prevent possession of the vehicle.
Finding a Bankruptcy Lawyer
Many people begin their search for a qualified bankruptcy lawyer by contacting the Delaware State Bar Association which can provide a list of attorneys who are board certified in bankruptcy. Otherwise, individuals in need of such specialized services also contact firms like The Delaware Lawyers for a consultation. Our lawyers are always standing by to help.