What is a Bankruptcy Petition? - Werner Law

What is a Bankruptcy Petition?

Filing for bankruptcy can be a harrowing experience. When filing as an individual, you must prepare to lay yourself bare financially and be open to an intense audit of your personal and business dealings. Whatever is left to your name will be divided among your creditors, and all but the bare minimum will be stripped …

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Bankruptcy Attorney - Werner Law Firm

How To Choose The Right Bankruptcy Attorney 

Filing bankruptcy on your own is always an option, but it carries tremendous risk, and finding the right bankruptcy attorney can make a big difference. Bankruptcy cases are often more complicated than meets the eye – and even a single mistake can be quite costly. And when looking for legal help in a bankruptcy case, you are best …

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Options for Small Business Bankruptcy - Werner Law Firm

Options for Small Business Bankruptcy

COVID-19’s impact on the economy has been absolutely devastating. Not only have lockdowns and travel restrictions greatly impacted industries across the country, but for every death, there is an assorted collection of infections with short-term and long-term physical deficits, grieving parents and children, and countless Americans laid off as business owners line-up to file bankruptcy. …

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Before Declaring Bankruptcy, Read This - Werner Law Firm

Before Declaring Bankruptcy, Read This

The process for declaring bankruptcy is a critically important element of our financial system. Giving businesses and people the ability to discharge debts under certain circumstances breathes fresh life into them and earn a second chance in our system. When it comes to financial success, taking risks and hoping for the best is part of …

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10 Questions to Ask Your Potential Bankruptcy Lawyer - Werner Law Firm

10 Questions to Ask Your Potential Bankruptcy Lawyer

When shopping around for an experienced legal professional to represent you on a matter as sensitive and exigent as your own bankruptcy, it’s critical to pick the right partner. As part of that, you will want to make sure you are prepared for a rigorous screening process. Filing for bankruptcy is no simple matter, and …

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How to Choose a Bankruptcy Lawyer - Werner Law Firm

How to Choose a Bankruptcy Lawyer

Bankruptcies largely affect individuals and households – only about three percent of bankruptcies today are incited by businesses, compared to 13 percent in 1980. While bankruptcies have been on a decline since 2011, as the country began to recover from the devastating effects of the financial crisis, 772,646 cases of bankruptcy were filed in the …

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What Does It Mean to File for Bankruptcy? - Werner Law Firm

What Does It Mean to File for Bankruptcy?

To most, the idea of bankruptcy is nothing if not terrifying – but when it is all said and done, bankruptcy represents the chance to start over and get out from under an unfortunate and disastrous situation. Most people assume that bankruptcy is a sign of irresponsibility and an inability to work with money – that …

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