Top Memphis Bankruptcy Lawyers Near You

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The Law Offices of Philip F. Counce

Bankruptcy Lawyer | Memphis, TN

Free Consultation

901-458-0555

Will Bankruptcy Help? Call Today to Speak with an Experienced, Dedicated Bankruptcy Attorney.

For people who feel they are hopelessly behind on their bills and are drowning in debt, there is hope for getting a fresh financial start. Bankruptcy is a powerful tool when used by a qualified professional that allows most people to keep property, eliminate debts and get a second chance. At The Law Offices of Philip F. Counce, we have helped thousands of people …

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O'Brien Law Firm, LLC

Bankruptcy Lawyer | Memphis, TN

662-349-3339

Problems with Debt? Take Back Control of Your Life....Call Today for a Free Consultation.

If you have lost your job in today's difficult economy, and are struggling to make mortgage payments and support your family — if a dependence on credit cards or mounting medical debt has put you in serious financial difficulty — you need solutions for debt relief, and you need them now. Since 1997, Southaven bankruptcy attorney Kevin F. O'Brien has been …

Bankruptcy Lawyers in Memphis

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Memphis Bankruptcy Information

Are You Considering Bankruptcy?

If you're overwhelmed with debt and are looking for legal solutions to solve your financial crisis then bankruptcy may be a great option for you. A skilled Memphis bankruptcy lawyer can help determine whether bankruptcy can help eliminate your debt, and get you back on your feet.

Different Types of Bankruptcy Available

Did you know there are various types of bankruptcy that each serve a different purpose and require a different skillset? A Chapter 7 Bankruptcy is one type a bankruptcy attorney may decide is the best way for you to liquidate your assets to pay off creditors. This is especially true if you currently have no income.

On the other hand, a Bankruptcy law firm may select a Chapter 13 Bankruptcy as a way for you to keep control of your belongings while paying back your creditors over time.

Best Time to Seek Legal Help

No matter what your legal issue may be, it is always best to seek legal help early in the process. An attorney can help secure what is likely to be the best possible outcome for your situation and avoid both unnecessary complications or errors.

Top Questions to Ask a Lawyer

  • What is the usual process to resolve my case? How long will it take to resolve this?
  • What are likely outcomes of a case like mine? What should I expect?

An experienced lawyer should be able to communicate a basic "road map" on how to proceed. The lawyer should be able to walk you through the anticipated process, key considerations, and potential pitfalls to avoid. Once you've laid out the facts of your situation to the lawyer, he/she should be able to frame expectations and likely scenarios to help you understand your legal issue.

How will an attorney charge me?

A reputable attorney will be very upfront about how he/she will charge you. The three most common fee structures that attorneys use to charge for their services are:

  • Bill by the hour
  • Contingent fee agreement
  • Flat fee agreement

Depending on your specific legal situation, it's possible that only one type of fee structure is available. For instance, criminal defense attorneys almost always bill by the hour. In a flat fee arrangement, an attorney accepts a one-time payment to help you resolve your issue. With a contingent fee agreement, the client pays little to nothing upfront and the attorney receives a percentage of the money recovered if you win your case.

Common legal terms explained

Pro se - This Latin term refers to representing yourself in court instead of hiring professional legal counsel. Pro se representation can occur in either criminal or civil cases.

Statute - Refers to a law created by a legislative body. For example, the laws enacted by Congress are statutes.

Subject matter jurisdiction - Requirement that a particular court have authority to hear the claim based on the specific type of issue brought to the court. For example, the U.S. Bankruptcy Court only has subject matter jurisdiction over bankruptcy filings, therefore it does not have the authority to render binding judgment over other types of cases, such as divorce.

Lead Counsel Rated Attorneys

Lead Counsel's objective process independently verifies attorney records, conferring with state bars across the country and conducting annual reviews to confirm that the attorney practices in the legal categories as indicated, possesses a valid bar license, and is eligible to practice in the specific jurisdiction.