Bankruptcy law

Find the Best Lawyers for Bankruptcy or an Insolvency Law in Chennai India. Of course, you need a NCLT Lawyers or DRT Attorneys if you are struck up in Bankruptcy Law Litigation.
 

Law firms for Bankruptcy law in Chennai, Tamil Nadu, India

 
In modern days, there is a trend in the increasing number of fraudulent bankruptcy. A variety of new bankruptcy laws have now been incorporated into the bankruptcy code. Bankruptcy law has always been a complex one, and now, with the entry of new laws, the complexity has increased to a large extent only.
 

Plan to file for Bankruptcy case

 
Do you have a plan to file for bankruptcy, or if you are a creditor and are concerned about the money, you have provided, it is important for you to be aware of the major changes that have been brought by the bankruptcy law new. To start with, you should note that the new bankruptcy laws have come into effect. Following are some of the major changes:
 

Passing Means Test Is Required For Debtors

 
Because, the debtor has caused the majority of fraudulent bankruptcy; new bankruptcy law, in fact, trying to keep the creditors. Now, it is a problem of the past, when the debtor has the freedom to choose the type of bankruptcy they wanted to file a petition for the court. New bankruptcy laws have now been made mandatory for the debtor, to pass a means test before filing for bankruptcy.
Means test is a procedure in which the resources provided from the income of the debtor are considered. You are expected to evaluate total income and expenditure. Now, you have to reduce costs, and see how much money is left to you, upon completion of all necessary expenses.
Is this amount sufficient to pay the monthly installment of debt you owe? If money is left to you very little, and far less than the average income of the country, you can qualify for bankruptcy. On the other hand, if this amount is greater than the average income of the country, the available options are going to file for bankruptcy or go for an alternative to bankruptcy.
 

Credit counseling

 
Bankruptcy law new also has made it mandatory for the debtors to go through credit counseling services that are approved by the government. The aim is to ensure that no bankruptcy alternatives are available to you. A credit counselor will review your financial situation and the amount of debt you owe to various creditors. If the credit counselors found that debt consolidation services may bring a solution for you, you will not be able to file for bankruptcy. In this case, a bankruptcy petition will be rejected and the bankruptcy court will ask you to pay the debt through debt consolidation services.

 

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Corporate Law Services offered by Advocate Saravvanan Rajendran Law associates firstly in Chennai. Find the best Corporate Advocates in Chennai High Court. Legal services by Corporate Lawyers in Chennai Our Law firm indeed give legal services on corporate law. This is all in all for a company to do a separate legal identity. A company has its own legal liabilities and legal right. Those are always different from its own members. Filing a legal the suit against a company alone is possible. In fact, it is not at all essential that the litigation will extend to its share holders or owners. Contact the Best Corporate lawyers for Quality Legal Services in Chennai.  Corporate Law Practice in Chennai Our Rajendra lawyers Team specializes in Company law. Of-Course, we help Multinational business firms with International dispute resolutions and legal processes. Further, we aid them in asserting their legal rights and legal liabilities. Moreover Industrial boom gave us an opportunity to serve the corporate law legal solution. Contact the Lawyers into Corporate Law practice Top graduate of Law will like to specialize in both Civil and Criminal law.  Meanwhile They find several best employment opportunities in Rajendra Law office. Most of all, This is the best corporate law firm in India. It is all because our legal firm occupies the highest level of ability and reputation. Contact Leading Lawyers who are into Corporate Law Practice in Chennai Rajendra Law office Company Lawyers in Madras high Court Small business as well as Large scale industries prefer to hire Rajendra Law office.  Here Owners, instead of hiring services from general Vakils, prefer law firms. Our attorneys team practice by working under a team of experienced corporate Advocates always.  Who is the best Lawyer in Chennai for Corporate ?. Several leading Business organizations hire our High Court Counsels. It is just to protect their rights against all other threats from various directions. Our Legal firms have our own legal departments for legal rules and formalities. Rajendra Law Office Lawyers in Chennai for Corporate Law offer the best Legal Support in Retainer Basis. 

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Corporate Law Services offered by AskAdvocates Law Chamber firstly in Chennai. Find the best Corporate Advocates in Chennai High Court. Legal services by Corporate Lawyers in Chennai Our Law firm indeed give legal services on corporate law. This is all in all for a company to do a separate legal identity. A company has its

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