Bankruptcy Applications
Personal Bankruptcy Application: A Financial Lifeline for Debtors
Fee: $14,500 (Includes Lawyer’s Fee of $4,900)
A Shield for Debt-Ridden Individuals:
A bankruptcy order, as provided by the Bankruptcy Ordinance, serves as a protective shield for individuals struggling with overwhelming debt. It effectively freezes ongoing debt collection lawsuits, allowing for a fresh start and financial recovery.
Living Expenses Covered:
The Official Receiver, appointed by the court to oversee the bankruptcy process, assesses the debtor’s financial situation and determines an appropriate monthly living allowance. This allowance enables debtors to maintain a basic standard of living during the bankruptcy period. Any surplus income after deducting living expenses is required to be repaid to creditors. Under normal circumstances, a bankruptcy order is automatically discharged after four years.
Unparalleled Experience:
Our law firm has extensive experience in handling bankruptcy applications, having successfully processed over 20,000 cases since 2001. With an average of over 100 bankruptcy applications handled each month, we are recognized as leaders in the field. Our team is present in court every hearing day, ensuring efficient and timely processing of new applications.
Application Fees and Benefits of Legal Representation:
The personal bankruptcy application fee is $14,500, which includes a lawyer’s fee of $4,900. Engaging our legal services provides several advantages:
- Expert Representation: Debtors are represented by experienced lawyers, eliminating the need for personal court appearances.
- Streamlined Process: We guide you through the entire bankruptcy application process, ensuring a smooth and hassle-free experience.
- Maximize Your Rights: We protect your legal rights and ensure you receive the full benefits of bankruptcy protection.
Application Process and Contact Information:
If you are considering bankruptcy, please schedule a consultation with our experienced lawyers to discuss your specific situation and initiate the application process.
For inquiries about procedures, fees, and timelines, please contact us via phone or WhatsApp.
Contact Us Today:
Take the first step towards financial recovery. Contact our law firm today to schedule a consultation and explore your bankruptcy options.
