Top Grand Bay, AL Business Bankruptcy Lawyers Near You

Lead Counsel Badge  = Lead Counsel Verified Attorneys
  • Johnstone Adams, LLC

    Business Bankruptcy Lawyers | Mobile Office | Serving Grand Bay, AL

    Business Bankruptcy Lawyers | Mobile Office | Serving Grand Bay, AL

  • Phelps Dunbar LLP

    Business Bankruptcy Lawyers | Mobile Office | Serving Grand Bay, AL

    Business Bankruptcy Lawyers | Mobile Office | Serving Grand Bay, AL

  • Hand Arendall Harrison Sale LLC

    Business Bankruptcy Lawyers | Fairhope Office | Serving Grand Bay, AL

    Business Bankruptcy Lawyers | Fairhope Office | Serving Grand Bay, AL

  • Bond & Botes Law Offices

    Business Bankruptcy Lawyers | Mobile Office | Serving Grand Bay, AL

    Business Bankruptcy Lawyers | Mobile Office | Serving Grand Bay, AL

  • Dentons Sirote

    Business Bankruptcy Lawyers | Mobile Office | Serving Grand Bay, AL

    Business Bankruptcy Lawyers | Mobile Office | Serving Grand Bay, AL

  • McDowell Knight Roedder & Sledge, L.L.C.

    Business Bankruptcy Lawyers | Mobile Office | Serving Grand Bay, AL

    Business Bankruptcy Lawyers | Mobile Office | Serving Grand Bay, AL

  • Jones Walker LLP

    Business Bankruptcy Lawyers | Mobile Office | Serving Grand Bay, AL

    Business Bankruptcy Lawyers | Mobile Office | Serving Grand Bay, AL

  • Maynard, Cooper & Gale, P.C.

    Business Bankruptcy Lawyers | Mobile Office | Serving Grand Bay, AL

    Business Bankruptcy Lawyers | Mobile Office | Serving Grand Bay, AL

  • Christian & Small LLP

    Business Bankruptcy Lawyers | Daphne Office | Serving Grand Bay, AL

    Business Bankruptcy Lawyers | Daphne Office | Serving Grand Bay, AL

  • Adams and Reese LLP

    Business Bankruptcy Lawyers | Mobile Office | Serving Grand Bay, AL

    Business Bankruptcy Lawyers | Mobile Office | Serving Grand Bay, AL

  • Burr & Forman LLP

    Business Bankruptcy Lawyers | Mobile Office | Serving Grand Bay, AL

    Business Bankruptcy Lawyers | Mobile Office | Serving Grand Bay, AL

  • Hand Arendall Harrison Sale LLC

    Business Bankruptcy Lawyers | Mobile Office | Serving Grand Bay, AL

    Business Bankruptcy Lawyers | Mobile Office | Serving Grand Bay, AL

  • Silver, Voit & Garrett, P.C.

    Business Bankruptcy Lawyers | Mobile Office | Serving Grand Bay, AL

    Business Bankruptcy Lawyers | Mobile Office | Serving Grand Bay, AL

  • Galloway, Johnson, Tompkins, Burr & Smith, APLC

    Business Bankruptcy Lawyers | Mobile Office | Serving Grand Bay, AL

    Business Bankruptcy Lawyers | Mobile Office | Serving Grand Bay, AL

  • Orr & Almond, Attorneys at Law

    Business Bankruptcy Lawyers | Mobile Office | Serving Grand Bay, AL

    Business Bankruptcy Lawyers | Mobile Office | Serving Grand Bay, AL

  • Helmsing Leach

    Business Bankruptcy Lawyers | Mobile Office | Serving Grand Bay, AL

    Business Bankruptcy Lawyers | Mobile Office | Serving Grand Bay, AL

  • Terrie Seal Owens, LLC

    Business Bankruptcy Lawyers | Mobile Office | Serving Grand Bay, AL

    Business Bankruptcy Lawyers | Mobile Office | Serving Grand Bay, AL

  • Judson E. Crump, P.C.

    Business Bankruptcy Lawyers | Mobile Office | Serving Grand Bay, AL

    Business Bankruptcy Lawyers | Mobile Office | Serving Grand Bay, AL

Grand Bay Business Bankruptcy Information

Lead Counsel Badge

Lead Counsel Verified Attorneys In Grand Bay

Lead Counsel independently verifies Business Bankruptcy attorneys in Grand Bay 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 Grand Bay

Business Bankruptcy

A Grand Bay 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.

Top Questions to Ask When Hiring an Attorney

  • How many years have you been practicing law? How long have you practiced law in the local area?
  • How many cases similar to mine have you handled in the past?
  • What is the likely outcome for my case?

In legal practice, experience matters. An experienced attorney will likely have handled issues similar to yours many, many times. Therefore, after listening to your situation, the attorney should have a reasonable idea of the time line for a case like yours and the likely resolution.

The Importance of a Good Consultation

The goal of an initial consultation is to find an attorney you are comfortable working with and someone who can help you understand your options under the law. Seek to understand the relevant legal experience the attorney brings to your case. While it is not realistic to expect an attorney to resolve your legal issue during an initial consultation, you should gain a level of comfort with his/her ability to do so. A good consultation can clarify issues, raise pertinent questions and considerations for your case, and help you make an informed decision towards resolving your legal issue.

How much does it cost to hire an attorney?

In general, how much an attorney costs will often depend on these four factors: billing method and pricing structure, type of legal work performed, law firm prestige, and attorney experience. Depending on the legal issue you are facing, an attorney may bill you by the hour, settle on a flat fee, or enter into a contingency fee agreement. The type of legal work you need help with will also play a role in cost incurred.

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.

Page Generated: 0.2247838973999 sec