With this announcement, the practice gives clients more options for keeping their business afloat or saving their assets. It can handle all six types of bankruptcies, including Chapter 7 and Chapter 11 filing.
More information about Jafri Law Firm is available via https://www.jafrilawfirm.com/practices/bankruptcy
The updated service is especially suitable for business owners and sole proprietors whose finances suffered due to the current pandemic. All clients will be assigned a lawyer who will assist them throughout the entire bankruptcy filing process.
As a result of lockdowns and restrictions, many people were laid off while businesses were forced to shut down. This means that individuals and businesses have no source of income but still have outstanding debts they have to pay.
In many cases, filing for bankruptcy is the smartest move as it allows debtors to write off loans or at the very least get better payment terms. However, the process is complex, hence the need for a trusted legal advisor like Jafri Law Firm.
A successful bankruptcy filing can put an end to the harassment often done by collection agencies. Since certain assets can be declared exempt from liquidation, people can hold onto essentials like cars, homes, clothing, and retirement accounts. With the help of a lawyer, clients can also learn how to minimize the effect their bankruptcy will have on their credit ratings.
To help clients better understand their options, the firm offers no-risk and no-obligation consultations. Prospective clients can request an exploratory meeting by calling the office or by using the contact form found on the website.
About Jafri Law Firm
Jafri Law Firm is a respected practice founded by Attorney Farva Jafri, who has a Juris Doctor from the University of Illinois College of Law. Among its practice areas are appeals, family law, employment/FLSA, and antitrust litigation. For its excellent service, it was awarded a Clients’ Choice Award in 2020 by legal review platform Avvo.
Attorney Jafri says: “We will take on complex litigation for individuals, sophisticated companies, and small businesses. We never shy away from a new problem or challenge. We are client-focused and client-centric.”
Interested parties may visit https://www.jafrilawfirm.com/practices/bankruptcy if they need further details about the firm and its practice areas.
Jafri Law Firm
Jafri Law Firm
50 Evergreen Row
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Daily Scotland News journalist was involved in the writing and production of this article.