What is a bankruptcy attorney? A bankruptcy attorney is a lawyer with extensive knowledge and experience in the practice of bankruptcy law. They practice in federal courts where consumers and businesses seek protection from their creditors under Title 11 of the United States Code, which establishes uniform laws on the subject of bankruptcy under the federal government's constitutional authority.
The truth is that if you are filing bankruptcy, you have no greater ally than your bankruptcy lawyer. A bankruptcy attorney will make sure you only declare bankruptcy when it is absolutely necessary. He or she will also advise you in order to insure that you declare the right kind of bankruptcy. A bankruptcy lawyer will work with you to preserve and protect the your assets and future income from creditors when possible.
Some states allow for the protection of property and assets through exemptions from the bankruptcy estate. A bankruptcy attorney can help you use the exemptions to your benefit. They understand the intricacies of bankruptcy law and can use their knowledge to benefit their clients.