Bankruptcy information on the web is too often just personal vignettes or promotion for lawyer or product. Bankruptcy in Brief is perhaps the only comprehensive, non technical resource on bankruptcy law on the internet. More than a million people, consumers, small business people, and lawyers, visited here last year.
Our goal is to help debtors and creditors understand how bankruptcy proceedings work. You'll find information on who really needs bankruptcy relief, what debts can be discharged, and what the process entails.
We are now six years from the major changes to bankruptcy law enacted in 2005. Many of the additions to the law are still untested and approaches to new issues still subject to conflicting decisions by bankruptcy courts and courts of appeal. There were a spate of bankruptcy cases decided by the Supreme Court in 2011 and more opinions likely this coming year.
This site cannot replace the advice of an experienced bankruptcy lawyer. It can help you locate, interview and understand a bankruptcy professional. We also talk about the dangers in representing yourself.
For legal advice specific to your situation, see a bankruptcy lawyer.
Legal issues and bankruptcy questions are frequently complex and individual. The information contained here is intended to be educational only: it is not legal advice nor does it create an attorney client relationship between the viewer and the firm. You should consult with a bankruptcy attorney licensed to practice in your state for advice about your particular situation. See Law on the Internet