District of Columbia bankruptcy lawyers represent creditors and debtors in matters or controversies involving creditors’ rights, debtors’ rights, debt collection and bankruptcy. Services may be billed at an hourly rate or a flat fee. A retainer or pre-payment is customary and will vary depending on the complexity of your situation. Common bankruptcy proceedings include Chapter 7 - Liquidation, Chapter 11 - Business Reorganization, Chapter 12 – Family Farming Business Reorganization and Chapter 13 – Adjustment of an Individual’s Debts. Other bankruptcy related terms and issues include liens, judgments, performance bonds, fidelity bonds, guarantors, Consumer Credit Protection Act, Truth-in-Lending Act, dischargeable debts, nondischargeable debts, writ of execution, garnishment, foreclosure, collateral, security interest and trustee. Click on a Washington DC county or county seat link above to find Washington DC lawyers that handle bankruptcy issues in your Washington DC county or city.
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