Bankruptcy Lawyers in Roanoke Va
Bankruptcy Lawyers in Roanoke VA
Hiring a Roanoke Bankruptcy Lawyer
If you are looking for bankruptcy lawyers in Roanoke, Va, please know you do not have to face this situation alone. In the challenging financial landscape, many individuals and businesses face the daunting prospect of bankruptcy. If you’re in Roanoke, VA, and are considering this step, it’s crucial to align yourself with experienced bankruptcy lawyers who can guide you through this intricate process.
We can answer your questions about the bankruptcy process:
- How Does Bankruptcy Affect Credit Score?
- What’s the Difference Between Chapter 7 and Chapter 13 Bankruptcy?
- What is an Automatic Stay in Bankruptcy?
- How Can I Protect My Assets with Bankruptcy Exemptions?
Our team of dedicated bankruptcy attorneys in our Roanoke office has a proven track record of successfully filing petitions for bankruptcy in federal court. With years of combined experience, we understand the nuances of the legal system and can offer tailored advice to secure the best possible outcome for your financial future.
Available Options for Your Roanoke Bankruptcy Case
Bankruptcy is not a one-size-fits-all solution. There are several types of bankruptcy petitions – primarily Chapter 7, Chapter 11, and Chapter 13. Each has its specific requirements, benefits, and consequences. Chapter 7 offers a fresh start by liquidating non-exempt assets to pay off debts. Chapter 13 provides a repayment plan for individuals to catch up on overdue debts over time. Chapter 11, typically for businesses, allows for reorganization and repayment.
How a Roanoke Bankruptcy Lawyer Can Help
Navigating the intricacies of each can be overwhelming, but with our Roanoke-based attorneys by your side, you’ll receive expert counsel on which path is most suitable for your unique situation.
Engaging with a lawyer during the bankruptcy process is not just about filing paperwork. It’s about having an advocate who understands the emotional and financial stress you’re under.
Our bankruptcy law team in Roanoke is dedicated to offering more than just legal advice. We’re here to support you at every step, ensuring that you’re well-informed, prepared, and confident in the decisions you make. Trust in our expertise to bring clarity and relief to your financial situation.
Your Roanoke Bankruptcy Case
Unmanageable debt can pose significant financial obstacles for individuals and businesses alike. But you have options to secure your future with a fresh start.
For more than 20 years, our team of bankruptcy lawyers in Roanoke has found attainable solutions for debtors, creditors, and trustees involved in situations causing financial distress. With two decades of hands-on experience, we understand insolvency issues from all sides of the credit equation.
Bankruptcy Lawyers for Creditors
Our attorneys are thoroughly familiar with the creditor’s rights side of consumer bankruptcy matters.
We have handled thousands of cases for consumer creditors who have secured claims. Whether the situation requires an aggressive approach resulting in repossession of a creditor’s collateral, or a negotiated approach resulting in a structured payment plan, our attorneys and staff move quickly and decisively to represent your interests.
When possible, we encourage an open line of communication to help the individual or business resolve their financial problems consensually with you.
Crafting a Bankruptcy Plan
For Roanoke-area businesses and individuals with mounting debt, financial solvency can quickly take a downturn, leaving you to consider financial restructuring and bankruptcy options – fortunately, a bankruptcy lawyer can help.
The bankruptcy and financial restructuring process often includes the sale of some or all your assets and a court-approved repayment plan. We can craft out-of-court workouts that achieve your goals without the expense and delay associated with court.
Sales During the Bankruptcy Process
As Roanoke’s premier bankruptcy law firm, we have worked with sophisticated debtors, creditors and investors use the bankruptcy process to buy and sell distressed businesses.
The successful seller disposes of assets in an orderly manner under court supervision. The successful purchaser acquires assets free and clear of most liens, claims, interests, and other encumbrances. After the court approves the sale, the debtor usually concludes its affairs under a court-approved plan for the distribution of sale proceeds. The seller takes over the operating assets, preserving the value of the entity.
Our team of bankruptcy lawyers in Roanoke, Va, is available to help. We have counseled hundreds of clients just like you to get a fresh start and protect their rights in the bankruptcy process. To schedule a free consultation, call our Roanoke office today at (540) 343-9800.
Why Choose Our Roanoke Bankruptcy Lawyers?
A Well Established Reputation Within the Community
Responsive & Direct Legal Counsel
A Tailored Approach for Each Client
Boutique Firm Approach, Large Firm Experience
All of Our Attorneys Have Strong Backgrounds & Industry Experience
Over 30 Years of Experience
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Magee Goldstein Lasky & Sayers PC
114 Market St SE #210
Roanoke, VA 24011
Phone: (540) 343-9800
Fax: (540) 343-9898
The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship.
The Roanoke attorneys of Magee Goldstein Lasky & Sayers, PC, proudly serve clients in the areas of divorce law, bankruptcy law, estate law, and criminal defense, located throughout Roanoke, Virginia, and Southwest Virginia, including in Roanoke City, Salem City, Cave Spring, Botetourt, Fincastle, Lexington, Rockbridge County, Bedford County, Smith Mountain Lake, Moneta, Rocky Mount, Boones Mill, Franklin County, Floyd County, Christiansburg, Blacksburg, Radford City, and Montgomery County.