Soleimanian Law

To those unaware of bankruptcy, it is a legal procedure set in motion by individuals and firms that cannot pay back their debts. This process relieves the debtor of any debt and is typically done in court. Two most commonly practiced bankruptcy proceedings are Chapter 7 and Chapter 13. If you feel the need to go bankrupt, you must consult with an Encino bankruptcy attorney . Bankruptcy cases fall under federal law, though there are chances for states to pass laws that federal court doesn't particularly address. There are special bankruptcy courts in the U.S. that oversee debtor-creditor cases; however, any bankruptcy-related case must be filed exclusively with the U.S Bankruptcy Court. Here are a few reasons to hire bankruptcy attorneys. ●        They know which chapter will be a better suit for your case. Chapter 7 allows the debtor to clear every unsecured debt, and Chapter 13 allows the debtor to pay back his debt over a set period. An expert bankruptc...