Bankruptcy Petitions : Chapter 7, Chapter 11, Chapter 13

LPO has a team of trained lawyers who focus solely on assisting bankruptcy lawyers in the processing and filing their Chapter 7, Chapter 11 and Chapter 13 bankruptcy documents.

The lawyers at LPO are trained extensively for preparing detailed Petitions on Chapter 7(liquidation of assets), Chapter 11(company or individual "reorganizations"), and Chapter 13(debt repayment with lowered debt covenants or payment plans). Outsourcing to LPO allows the client to focus on other projects and study new areas of law. The clients can work on garnering new clients and generating more earnings in less time.

A Bankruptcy Petition is an official document a person files in order to begin a bankruptcy case. This document is typically filed with the persons local bankruptcy court, though it may be filed with a general court in places that do not have specific courts for bankruptcies.

It is used to give the court information about the filer, including contact information, financial details and information about the filer's creditors. When completed and filed properly, it gives the court enough information to begin assessing the bankruptcy case.