Top Center Point, AL Business Bankruptcy Lawyers Near You

Lead Counsel Badge  = Lead Counsel Verified Attorneys
  • Maurice Watscher LLP

    Business Bankruptcy Lawyers | Birmingham Office | Serving Center Point, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Center Point, AL

  • McGlinchey Stafford PLLC

    Business Bankruptcy Lawyers | Birmingham Office | Serving Center Point, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Center Point, AL

  • Balch & Bingham LLP

    Business Bankruptcy Lawyers | Birmingham Office | Serving Center Point, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Center Point, AL

  • Christian & Small LLP

    Business Bankruptcy Lawyers | Birmingham Office | Serving Center Point, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Center Point, AL

  • Jones Walker LLP

    Business Bankruptcy Lawyers | Birmingham Office | Serving Center Point, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Center Point, AL

  • Rumberger Kirk & Caldwell

    Business Bankruptcy Lawyers | Birmingham Office | Serving Center Point, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Center Point, AL

  • The Nomberg Law Firm

    Business Bankruptcy Lawyers | Birmingham Office | Serving Center Point, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Center Point, AL

  • Reynolds Legal Solutions, LLC

    Business Bankruptcy Lawyers | Birmingham Office | Serving Center Point, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Center Point, AL

  • Watkins & Eager PLLC

    Business Bankruptcy Lawyers | Birmingham Office | Serving Center Point, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Center Point, AL

  • Bradley Arant Boult Cummings LLP

    Business Bankruptcy Lawyers | Birmingham Office | Serving Center Point, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Center Point, AL

  • Hand Arendall Harrison Sale LLC

    Business Bankruptcy Lawyers | Birmingham Office | Serving Center Point, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Center Point, AL

  • Dentons Sirote

    Business Bankruptcy Lawyers | Birmingham Office | Serving Center Point, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Center Point, AL

  • Butler Snow LLP

    Business Bankruptcy Lawyers | Birmingham Office | Serving Center Point, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Center Point, AL

  • Balch & Bingham LLP

    Business Bankruptcy Lawyers | Birmingham Office | Serving Center Point, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Center Point, AL

  • Ted Stuckenschneider, P.C.

    Business Bankruptcy Lawyers | Birmingham Office | Serving Center Point, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Center Point, AL

  • The Robinson Law Firm, P.C.

    Business Bankruptcy Lawyers | Pell City Office | Serving Center Point, AL

    Business Bankruptcy Lawyers | Pell City Office | Serving Center Point, AL

  • Davis Law Group

    Business Bankruptcy Lawyers | Birmingham Office | Serving Center Point, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Center Point, AL

  • Phelps Dunbar LLP

    Business Bankruptcy Lawyers | Birmingham Office | Serving Center Point, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Center Point, AL

  • Bond & Botes Law Offices

    Business Bankruptcy Lawyers | Birmingham Office | Serving Center Point, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Center Point, AL

Center Point Business Bankruptcy Information

Lead Counsel Badge

Lead Counsel Verified Attorneys In Center Point

Lead Counsel independently verifies Business Bankruptcy attorneys in Center Point 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 Center Point

Business Bankruptcy

A Center Point 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.

How an Attorney Can Help

An attorney can often resolve your particular legal issue faster and better than trying to do it alone. A lawyer can help you navigate the legal system, while avoiding costly mistakes or procedural errors. You should seek out an attorney whose practice focuses on the area of law most relevant to your issue.

Tips on Approaching an Initial Attorney Consultation

  • Use the consultation as a means of gaining a better understanding of your legal situation.
  • Ask the attorney how many cases similar to yours he/she has handled. An attorney’s experience and knowledge can speak to their expertise (or lack of) in addressing your situation.
  • Your attorney should be able to articulate roughly how long a case like yours will take to resolve and what sort of procedures to expect.
  • Determine how comfortable you are working with the lawyer and/or law firm.

Types of legal fees:

Bill by the hour: Many attorneys bill by the hour. How much an attorney bills you per hour will vary based on a number of factors. For instance, an attorney’s hourly fee may fluctuate based on whether that hour is spent representing you in court or doing research on your case. Attorneys in one practice area may bill you more than attorneys in a different practice area.

Contingent fee: Some lawyers will accept payment via contingent fee. In this arrangement, the lawyer receives a percentage of the total monetary recovery if you win your lawsuit. In sum, the lawyer only gets paid if you win. Contingent fee agreements are limited to specific practice areas in civil law.

Flat fee: For “routine” legal work where the attorney generally knows the amount of time and resources necessary to complete the task, he/she may be willing to bill you a flat fee for services performed.

Common legal terms explained

Affidavit – A sworn written statement made under oath. An affidavit is meant to be a supporting document to the court assisting in the verification of certain facts. An affidavit may or may not require notarization.

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