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What is Bankruptcy?

Bankruptcy is the legal process by which a person or business who owes more money to creditors than they can afford to repay may work out a plan to repay the amount over a period of time, or for most of those debts to be discharged completely.

Seacoast Law provides bankruptcy representation to clients for Chapter 7, Chapter 11 and Chapter 13 under the Bankruptcy Code.  To find out more about these specific chapters, please see “What do Chapter 7, Chapter 11 and Chapter 13 mean?”

During a pending bankruptcy case, the Bankruptcy Code provides that all creditors must stop any and all collection efforts against debtors.  This provision is called the “automatic stay” and some creditors can be relieved from this under certain circumstances but they must be granted permission by the court in order to do so.

The District of Maine is broken into two court locations: Portland and Bangor.  Your court location is dependent upon the county you reside in.

More information on bankruptcy:

To setup a consultation with Seacoast Law, please call or email us.


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