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Debt Relief – Insolvency – Bankruptcy Information » Bankruptcy Law » If an Attorney in Pennsylvania Files Bankruptcy, will he lose his attorney’s license?

If an Attorney in Pennsylvania Files Bankruptcy, will he lose his attorney’s license?

Will the attorney be automatically disbarred? Does it matter what Chapter bankruptcy he files?

What statute/citation is this from? (If known)

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4 Responses to "If an Attorney in Pennsylvania Files Bankruptcy, will he lose his attorney’s license?"

  1. Big Jimi says:
    Why would he be disbarred? That’s ridiculous,Filing bankruptcy isn’t a crime,just a re-aligning of ones debts.
  2. bnkr27 says:
    No, he will not be disbarred. Many attornies have filed previously without incident just as doctors have filed and not lost their medical licenses.
  3. Mark D says:
    It’s not ridiculous to think this can happen. In Texas my understanding is that you don’t automatically lose your license, but you run the risk if you have an independent practice or use your financial skills in your work. Anyone in charge of a small firm or using an IOLTA account will have a hard time showing the financial responsibility needed to be an attorney if they file bankruptcy.

    In the end you should contact your state bar and ask. http://www.pabar.org/ info@pabar.org
    Good luck.

  4. WHUFF says:
    No the bankruptcy would protect the attorney from being disbarred, in fact if they take away his license due to the fact he filed bankruptcy, he would have a cause of action against the bar association.

    But if the attorney own any shares in the firm that could be sold to help you pay your debts, there is the possibility that the Trustee will liquidate those shares.

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