An Arizona bankruptcy attorney is a lawyer who helps people and companies file a case on bankruptcy. During a courtroom session, this kind of lawyer will show evidence that the client has no more money to pay debts, unsettled accounts and other financial obligations. He will also argue for the protection of the client?s remaining assets. He will ensure that the client is either relieved of anymore obligation or will instead be allowed a flexible and easy repayment scheme.
When a company has no more money to pay their people or clients, they can declare bankruptcy. To win such a case, they will need to hire a lawyer to prove that they have indeed gone bankrupt and can no longer pay their debts.
If one wants to become a bankruptcy lawyer, he must finish law school, pass the bar exams and work in an Arizona law firm and specialize in this said field.
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