Plurk

Thursday, July 11, 2013

Bankruptcy Law Protecting Debtors and Creditors




The bankruptcy law Fort Lauderdale is the last know leverage that debtors and lenders find to settle related issues. In bankruptcy, a person is legally declared as incapable of repaying outstanding debts due to financial issues. The person is then known as bankrupt. This term is applicable to both individuals and businesses. Depending on how you filed bankruptcy at the court, there are two kinds. Bankruptcy may be voluntary or involuntary. But unlike the voluntary type, involuntary bankruptcy is rare to happen.

In bankruptcy law Fort Lauderdale, voluntary bankruptcy the debtors are the petitioners. In the other hand, involuntary bankruptcy is a case where the creditors are the petitioners. This is normally done to impose the rights of the creditors. With so many cases filed every week, it is evident that individual bankruptcy cases are more complicated and multifaceted. Usually the high amounts of medical bills are the main cause of filing.

Whatever kind of case you are dealing with today, make sure you know enough of the bankruptcylaw Fort Lauderdale or get yourself a lawyer.

Winston I. Cuenant, Esq., is an eminent Foreclosure defense lawyer Fort Lauderdale who can help in handling filing for bankruptcy. Mr. Cuenant areas of expertise include Fort Lauderdale Real Estate Litigation attorney, French speaking lawyer, Ft. Lauderdale bankruptcy lawyer, General Civil litigation attorney Fort Lauderdale, Bankruptcy Law Fort Lauderdale and Fort Lauderdale bankruptcy attorney.
Please Contact Our Office +19547664271 for FREE Consultation or visit us on http://cuenantlaw.com/

No comments:

Post a Comment