Did you know, that if you gave a bankruptcy attorney a lien against your property pre-bankruptcy filing that the Bankruptcy Code gives you the power to avoid this lien in household goods? Bankruptcy Code Section 522(f)(1)(b)(i) gives the debtor the power to avoid any such non-possessory and non-purchase money security interest in debtor’s property.
If you have signed off on such an unseemly arrangement, you can avoid the lien on your household goods after filing chapter 7 or chapter 13 bankruptcy. Where does this leave the bankruptcy lawyer? High and dry and not getting paid is where it leaves the lawyer. Once you have filed the bankruptcy, the lawyer is barred from collecting on the debt owed to lawyer and lawyer’s purported lien on the household items is extinguished.
At LifeBack Law, we would never take a lien against our own client’s property just to be paid our fees. Instead, we are kind, helpful, professional, and always deliver exceptional customer service. You cannot have these values and do something as slimy as demand a lien against your clients own assets to be assured you get paid. That is not how LifeBack Law Firm behaves.
When the time is right, or when you are ready, reach out to Minnesota’s highest Google reviewed bankruptcy law firm by going now to www.lifebacklaw.com. You will be so thankful you did.