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Seattle Bankruptcy Attorney

by Roilee Mandeville

in Bankruptcy Basics

A Seattle bankruptcy attorney can give information to individuals on meeting the legal challenges of their bankruptcy filing. Hiring a bankruptcy attorney or any bankruptcy lawyer within the State of Washington can help with the bankruptcy procedure. While the federal court is the one who settles bankruptcy cases, there are state laws governing some rules of bankruptcy. A bankruptcy attorney must have a license in Washington approved by the federal court before working on bankruptcy cases. A qualified bankruptcy lawyer can easily find out if an individual’s income meets the ‘means test’ and what type of bankruptcy they need to apply for.

A resident of Seattle, Washington who is planning on registering for bankruptcy should realize there are state laws governing the different qualifications for filing a bankruptcy. Hiring a Seattle bankruptcy attorney or any bankruptcy attorney within the State of Washington can help with the procedure. While the federal court is the one who settles bankruptcy cases, there are state laws governing some rules of bankruptcy. For example, the assets or financial worth a person can keep, free from creditors. A Seattle bankruptcy attorney knows the exemption amount for a car that you can own. There are other exemptions that varies in each state the bankruptcy attorney can tell you which are specific to the State of Washington.

Most courts decide the qualifications of a lawyer who can legally represent a bankrupt client. One important qualification of the lawyer is to have a license to practice bankruptcy law in Washington. A Seattle bankruptcy attorney must have a license in Washington approved by the federal court before working on bankruptcy cases in Washington. A Seattle bankruptcy attorney with a license in Washington can easily find out if an individual’s income meets the bankruptcy means test and bankruptcy type they need to apply for.

The new bankruptcy reform laws, which took effect in October 2005, puts a limit to the person’s allowed income. Under the new rules, the income of the person applying for bankruptcy must not exceed the average monthly income of Seattle, Washington residents. Another important rule is the period of residency before a person can file for bankruptcy. A Seattle bankruptcy attorney can give information to individuals on meeting the legal challenges of their bankruptcy filing.

All Bankruptcy Filings Are Open To Peer Review

Whenever someone files for bankruptcy, according to the bankruptcy reform law, the proceedings are open to everyone for viewing. The bankruptcy cases are now online and all part of the proceedings is a marked history of the financial past of the person who filed for bankruptcy. A Seattle bankruptcy attorney can explain why these records are open to the public. Most importantly, how these records serve as an unenviable reminder to keep a proper financial stability for their business.

Federal statute governs most part of the bankruptcy law. All state attorneys must follow the legal procedure. There are certain exemptions that a Seattle bankruptcy attorney can help find out. Meeting all guidelines before filing the case is one of them. If there are some errors in filing the bankruptcy case in court, the judge can dismiss the entire case and grant the creditors the amount owed to them.

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