Rhode Island bankruptcy lawyers represent creditors and debtors in matters or controversies involving creditors’ rights, debtors’ rights, debt collection and bankruptcy. Services may be billed at an hourly rate or a flat fee. A retainer or pre-payment is customary and will vary depending on the complexity of your situation. Common bankruptcy proceedings include Chapter 7 - Liquidation, Chapter 11 - Business Reorganization, Chapter 12 – Family Farming Business Reorganization and Chapter 13 – Adjustment of an Individual’s Debts. Other bankruptcy related terms and issues include liens, judgments, performance bonds, fidelity bonds, guarantors, Consumer Credit Protection Act, Truth-in-Lending Act, dischargeable debts, nondischargeable debts, writ of execution, garnishment, foreclosure, collateral, security interest and trustee. Click on a Rhode Island county or county seat link above to find Rhode Island lawyers that handle bankruptcy issues in your Rhode Island county or city.
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