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Many individuals are finding themselves in dire financial straights following the economic crash of 2008. Some have been laid off from work or compelled to take a pay cut to maintain their jobs. Others have had trouble for months or more to find work while attempting to continue paying all of their bills with their unemployment benefits. Meanwhile, money they owe keeps increasing due to accruing interest, late charges and fines. For these individuals, bankruptcy may be their only option of settling their debt. Debtors need a skilled bankruptcy attorney to represent their interests. Gary P Lightman, owner of Lightman Law, is an "AV" rated legal professional that has been representing clients in bankruptcy and in different varieties of cases since 1978. A professional bankruptcy attorney, like Gary P Lightman, can make sure that his customers get relief almost instantly from a lender's attempts to collect on a debt. The lawyer or attorney can file documents that stop lenders from phoning the debtor's home, office or making humiliating phone calls to family and friends in an attempt to collect on debt. The attorney may also stop businesses temporarily from attempting to repossess property or file suits against the debtor until after the a bankruptcy proceeding case is seen in the courtroom. Basically these actions on their own can make a debtor's life more tolerable until following a bankruptcy case is settled. Some debtors, unacquainted with the ability its attorney can wield to protect them in the harassment of debt collectors, live in fear of answering the phone or checking their mail. Within days after first finding an attorney at law, these debtors can answer their telephone again without anxiety. Debtors that have found themselves struggling to repay their financial commitments due to job loss, divorce or medical problems may be able to have their debts reduced or eliminated entirely through bankruptcy. Bankruptcy attorneys like Gary P Lightman will continue to work with their clients to help reduce or eliminate these debts as appropriate. In instances where reductions are appropriate, lawyers might be able to negotiate settlements with lenders that reduce rates of interest and fees and make the monthly payments more affordable for their clients. Oftentimes, debtors can easily keep most or all their personal property. Luxury items, like Rolex watches and jewelry, could possibly be sacrificed at public sale to help debtors lessen the total balance due to lenders. However, commonly lenders can't touch homes or automobiles to repay unsecured debts. A professional attorney will know which pieces of personal property can't be touched by lenders to help settle debts. Bankruptcy is a really particular kind of law. Clients should only retain lawyers like Gary P Lightman who have practical knowledge representing bankruptcy cases. An unskilled lawyer or attorney will make mistakes that will cost debtors personal property or cause a need to reopen the case later on for items which weren't included in the case but should've been. Legal representatives that do not have experience representing bankruptcy cases may make flaws that cause debtors that are economically not able to settle debts to have to make monthly payments to lenders. Understanding how income and bills are calculated for bankruptcy cases is crucial to making certain debtors only pay what they desire to on their unsettled debts. Almost everything could be a part of expenditures that new attorneys might miss, like haircuts and oil changes. These kind of small things tally up and the debtor will still feel their expense even if the lawyer forgets to calculate it. Author Bio: Having practiced law for over 30 years, Gary P. Lightman is recognized throughout the legal industry as an educated, skilled and proficient attorney. He boasts an extensive resume of courtroom successes to complement his impressive educational background, and with the recommendation from his clients and peers, it is obvious why Gary P. Lightman has received such praise and accolades.
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