What bankruptcy lawyers do
Bankruptcy lawyers help clients navigate insolvency issues under the U.S. Bankruptcy Code. Their work often includes financial restructurings, plan confirmations, and valuation disputes.
Main areas of practice
Consumer bankruptcy: Lawyers typically represent individuals or creditors.
Commercial bankruptcy: Lawyers typically represent corporate debtors or creditors.
Although these two paths focus on different types of clients, the core legal work is often similar.
Exploring the field
Clerking or interning at a firm with a bankruptcy practice can be a good way to decide whether this area of law is a good fit.
Certification
Although certification is not required, some states offer bankruptcy law certification to help distinguish a lawyer’s expertise in this field.
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