Top Birmingham, AL Business Bankruptcy Lawyers Near You

Business Bankruptcy Lawyers | Birmingham Office

420 20th Street North, Suite 1100, Birmingham, AL 35203

Business Bankruptcy Lawyers | Birmingham Office

2001 Park Place North, Suite 700, Birmingham, AL 35203

Business Bankruptcy Lawyers | Birmingham Office

2100 First Ave N, Suite 470, Birmingham, AL 35203

Business Bankruptcy Lawyers | Birmingham Office

420 20th St N, Suite 2200, Birmingham, AL 35203

Business Bankruptcy Lawyers | Birmingham Office

222 North 20th St, Suite 400, Birmingham, AL 35203

Business Bankruptcy Lawyers | Birmingham Office

505 20th Street N, Suite 1450, Birmingham, AL 35203-4635

Business Bankruptcy Lawyers | Birmingham Office

2323 2nd Ave N, Birmingham, AL 35203

Business Bankruptcy Lawyers | Birmingham Office

2001 Park Place North, Suite 870, Birmingham, AL 35203

Business Bankruptcy Lawyers | Birmingham Office

100 Corporate Pkwy, One Lake Level, Birmingham, AL 35242

Business Bankruptcy Lawyers | Birmingham Office

2001 Park Place North, Suite 1500, Birmingham, AL 35203

Business Bankruptcy Lawyers | Birmingham Office

Two North Twentieth Street, Suite 1310, Birmingham, AL 35203

Business Bankruptcy Lawyers | Birmingham Office

420 North 20th Street, Suite 2200, Birmingham, AL 35203

Business Bankruptcy Lawyers | Birmingham Office

One Federal Place, Ste. 1000, 1819 Fifth Avenue North, Birmingham, AL 35203

Business Bankruptcy Lawyers | Birmingham Office

420 North 20th Street, Suite 3400, Birmingham, AL 35203

Business Bankruptcy Lawyers | Birmingham Office

1901 6th Avenue North, Suite 3000, Birmingham, AL 35203

Business Bankruptcy Lawyers | Birmingham Office

300 Richard Arrington Jr. Blvd. N, Suite 503, Birmingham, AL 35203

Business Bankruptcy Lawyers | Birmingham Office

1904 1st Ave N, Suite 300, Birmingham, AL 35203

Business Bankruptcy Lawyers | Birmingham Office

2311 Highland Avenue South, Suite 500, Birmingham, AL 35205

Business Bankruptcy Lawyers | Pelham Office | Serving Birmingham, AL

3590-B Pelham Pkwy, Suite 254, Pelham, AL 35124

Business Bankruptcy Lawyers | Birmingham Office

420 20th Street North, Suite 1400, Birmingham, AL 35203-5202

Birmingham Business Bankruptcy Information

Lead Counsel Badge

Lead Counsel Verified Attorneys In Birmingham

Lead Counsel independently verifies Business Bankruptcy attorneys in Birmingham and checks their standing with Alabama bar associations.

Our Verification Process and Criteria
  • Ample Experience Attorneys must meet stringent qualifications and prove they practice in the area of law they’re verified in.
  • Good Standing Be in good standing with their bar associations and maintain a clean disciplinary record.
  • Annual Review Submit to an annual review to retain their Lead Counsel Verified status.
  • Client Commitment Pledge to follow the highest quality client service and ethical standards.

Find a Business Bankruptcy Attorney near Birmingham

Business Bankruptcy

A Birmingham Business Bankruptcy can be a great option if your business is unable to meet its financial obligations and is looking to either restructure debt obligations or liquidate assets. Depending on your company’s current financial position, one or both strategies may be an option.

Business Bankruptcy Options

Provided the bankruptcy is not involuntary, your Business Bankruptcy Attorney may recommend either a Chapter 11 (“reorganization”), or chapter 7 (“liquidation”) bankruptcy to deal with your company’s financial issues.

A Chapter 11 allows a business to reorganize debts and pay off creditor’s over a period of time up to five years. A Chapter 7 liquidation forces the company to literally liquidate all assets, pay off creditors, and ultimately, stop operating. This is typically the least desirable option that your Business Bankruptcy Attorney will try to help you avoid.

What sort of issues can I seek legal help with?

Specialized legal help is available for most legal issues. Each case is unique; seeking legal help is a smart first step toward understanding your legal situation and seeking the best path toward resolution for your case. An experienced lawyer understands the local laws surrounding your case and what your best legal options might be. More importantly, there are certain situations and circumstances – such as being charged with a crime – where you should always seek experienced legal help.

How to Prepare for Your Initial Consultation

Prepare for your consultation by writing down notes of your understanding of the case, jot down questions and concerns for the attorney, and gather your documents. Remember that you are trying to get a sense of whether the attorney has your trust and can help you address your legal issues. Questions should include how the attorney intends to resolve your issue, how many years he/she has been practicing law and specifically practicing in your area, as well as how many cases similar to yours the attorney has handled. It can also be helpful to broach the subject of fees so that you understand the likely cost and structure of your representation by a specific attorney and/or legal team.

How will an attorney charge me?

A reputable attorney will be very upfront about how he/she will charge you. The three most common fee structures that attorneys use to charge for their services are:

  • Bill by the hour
  • Contingent fee agreement
  • Flat fee agreement

Depending on your specific legal situation, it’s possible that only one type of fee structure is available. For instance, criminal defense attorneys almost always bill by the hour. In a flat fee arrangement, an attorney accepts a one-time payment to help you resolve your issue. With a contingent fee agreement, the client pays little to nothing upfront and the attorney receives a percentage of the money recovered if you win your case.

Common legal terms explained

Personal jurisdiction – Requirement that a particular court have authority over a person, in order to bind that person to the judgment of the court, based on minimum contacts. International Shoe Co v. Washington is a landmark Supreme Court case outlining the scope of a state court’s reach in personal jurisdiction.

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