Top Centreville, AL Business Bankruptcy Lawyers Near You
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Wilson, Elser, Moskowitz, Edelman & Dicker LLP
Business Bankruptcy Lawyers | Birmingham Office | Serving Centreville, AL
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Baker, Donelson, Bearman, Caldwell & Berkowitz, PC
Business Bankruptcy Lawyers | Birmingham Office | Serving Centreville, AL
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Gordon, Dana & Gilmore, LLC
Business Bankruptcy Lawyers | Birmingham Office | Serving Centreville, AL
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Snable Stevenson & Silva L.L.C.
Business Bankruptcy Lawyers | Birmingham Office | Serving Centreville, AL
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Maynard, Cooper & Gale, P.C.
Business Bankruptcy Lawyers | Birmingham Office | Serving Centreville, AL
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Walding, LLC
Business Bankruptcy Lawyers | Birmingham Office | Serving Centreville, AL
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Cahaba Legal
Business Bankruptcy Lawyers | Birmingham Office | Serving Centreville, AL
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Glenn Blanchard & Associates, P. C.
Business Bankruptcy Lawyers | Birmingham Office | Serving Centreville, AL
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Weinberg Wheeler Hudgins Gunn & Dial, LLC
Business Bankruptcy Lawyers | Birmingham Office | Serving Centreville, AL
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Adams and Reese LLP
Business Bankruptcy Lawyers | Birmingham Office | Serving Centreville, AL
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Benton, Centeno & Morris, LLP
Business Bankruptcy Lawyers | Birmingham Office | Serving Centreville, AL
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Waller Lansden Dortch & Davis, LLP
Business Bankruptcy Lawyers | Birmingham Office | Serving Centreville, AL
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Anderson & Associates, LLC
Business Bankruptcy Lawyers | Birmingham Office | Serving Centreville, AL
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The Robinson Law Firm, P.C.
Business Bankruptcy Lawyers | Ashville Office | Serving Centreville, AL
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Hall Booth Smith, P.C.
Business Bankruptcy Lawyers | Birmingham Office | Serving Centreville, AL
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Burr & Forman LLP
Business Bankruptcy Lawyers | Birmingham Office | Serving Centreville, AL
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Engel, Hairston and Johanson, P.C.
Business Bankruptcy Lawyers | Birmingham Office | Serving Centreville, AL
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Norman, Wood, Kendrick & Turner
Business Bankruptcy Lawyers | Birmingham Office | Serving Centreville, AL
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Spain & Gillon, L.L.C.
Business Bankruptcy Lawyers | Birmingham Office | Serving Centreville, AL
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McCalla Raymer Leibert & Pierce, LLC
Business Bankruptcy Lawyers | Birmingham Office | Serving Centreville, AL
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Bressler Amery & Ross, PC
Business Bankruptcy Lawyers | Birmingham Office | Serving Centreville, AL
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Clark Law Firm, PC
Business Bankruptcy Lawyers | Birmingham Office | Serving Centreville, AL
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Cotney Attorneys & Consultants
Business Bankruptcy Lawyers | Birmingham Office | Serving Centreville, AL
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Law Office of J. Todd Miner, LLC
Business Bankruptcy Lawyers | Birmingham Office | Serving Centreville, AL
Centreville Business Bankruptcy Information
Lead Counsel Verified Attorneys In Centreville
Lead Counsel independently verifies Business Bankruptcy attorneys in Centreville by conferring with Alabama bar associations and conducting annual reviews to confirm that an attorney practices in their advertised practice areas and possesses a valid bar license for the appropriate jurisdictions.
Find a Business Bankruptcy Attorney near Centreville
Business Bankruptcy
A Centreville 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.
Top Questions to Ask a Lawyer
- What is the usual process to resolve my case? How long will it take to resolve this?
- What are likely outcomes of a case like mine? What should I expect?
An experienced lawyer should be able to communicate a basic “road map” on how to proceed. The lawyer should be able to walk you through the anticipated process, key considerations, and potential pitfalls to avoid. Once you’ve laid out the facts of your situation to the lawyer, he/she should be able to frame expectations and likely scenarios to help you understand your legal issue.
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.