Bankruptcy Law Mediation

If you're facing a bankruptcy, it can feel completely overwhelming and frustrating to proceed
through the typical legal process. Unfortunately, litigation is known for lengthy scheduling
delays, costly expenses for attorney time and energy, and the emotional drain associated with
going through court. Thankfully, there are other options through what's known as alternative
dispute resolution. Mediation has a history of being extremely successful in the field of
bankruptcy.

In mediation, a neutral third-party mediator assists the involved parties to come to a resolution.
Mediators are trained in communication techniques that allow you to focus on the main issues
without getting dragged into side arguments or discussions that are not directly relevant to
resolving your bankruptcy. Bankruptcy mediation is available at any point during both commercial
and consumer bankruptcy, although many people might not be aware of its existence. When parties
and their legal counsel agree to move into mediation, the case can proceed in this way
immediately.

Many bankruptcy cases have successfully gone through mediation, achieving resolution much more
efficiently than traditional procedures. Issues regarding preference, non-dischargeability,
avoidance, claims allowance actions, and fraudulent conveyance are some of the most popular
concerns resolved through bankruptcy mediation. Multi-party disputes and contested issues have
also been resolved through the mediation process.

The benefits of mediation are many for both creditors and the debtors going through the process.
In mediation, the parties are in control of the outcome of their dispute through a confidential
and cost-effective means of resolution. Mediation tends to achieve results much more quickly than
traditional litigation. The final decision made through mediation can be a final resolution that
is flexible and creative, aligned to the needs of the involved parties as opposed to taking their
chances in a court system that can be perceived as "winner takes all".

Bankruptcy mediation has become more popular as the number of bankruptcy filings around the
country has increased. Bloated court dockets and delays have reduced the efficiency with which
bankruptcies were being processed, leading to many individuals seeking a better solution.
Mediation is that answer. Through mediation, filers can work directly with their creditors through
the assistance of a trained mediator, successfully sorting out relevant information and developing
flexible final resolutions. Since the scheduling relies on less people and isn't required to take
up space in a courtroom, individuals reach the conclusion to their bankruptcy much more quickly,
allowing them a fresh start and the chance to start living their life again.
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If you can no longer pay your creditors, you may choose to file for bankruptcy. Get a fresh start
- by liquidating assets to pay your debts or by creating a repayment plan. Based in Oakland,
California, Claude D. Ames Law Offices can provide the legal representation that you need for
Chapter 7 and Chapter 11 bankruptcy. Please call (510) 652-1300 or visit his website:
http://www.claudeamesarbmed.com

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