County pays bankruptcy lawyers a bundle. Jefferson County, Alabama, in 2011 filed at the time the largest municipal bankruptcy in the history of the United States. Jefferson’s county troubles were due to a sewer project dogged by political corruption. The debacle resulted in a $4.23 billion bankruptcy case. The legal bills related to the bankruptcy were staggering. The County needed the assistance of numerous bankruptcy attorneys to handle the massive, complicated bankruptcy, and it did indeed prove to be costly. The county had to pay bankruptcy lawyers $35 million dollars to handle the bankruptcy, which went on from 2010-2013. Regular individuals in need of a bankruptcy attorney will never run up these kind of legal bills. In fact, if you are in need of bankruptcy assistance, whether that is filing a Chapter 7 or a Chapter 13 bankruptcy, many times you can obtain a free bankruptcy consultation to explore if bankruptcy is the best solution for your needs. As the county of Jefferson, Alabama learned, the counsel of experienced bankruptcy lawyers can indeed be the answer. Do not be afraid to solve your financial problems, contact a bankruptcy attorney today to see if a bankruptcy attorney can be the answers to your financial problems. Help might just be a phone call away.
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