With the recent downturn in the economy and depressed housing market, many individuals have turned to bankruptcy for a possible fresh start. Bankruptcy law also frequently intersects with other areas of commercial law and attorneys from various practice areas are often called upon to assist clients that are impacted by actual or potential insolvency issues. Attorneys need to know enough about bankruptcy and reorganization topics to ask clients the right questions and to help them get assistance in their bankruptcy matters where appropriate.
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