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Top Loxley, AL Business Bankruptcy Lawyers Near You

Business Bankruptcy Lawyers | Mobile Office | Serving Loxley, AL

211 North Water Street, Suite 10290, Mobile, AL 36695

Business Bankruptcy Lawyers | Mobile Office | Serving Loxley, AL

PO Box 851115, Mobile, AL 36685

Business Bankruptcy Lawyers | Mobile Office | Serving Loxley, AL

1 St. Louis Street, Ste 1002, Mobile, AL 36602

Business Bankruptcy Lawyers | Mobile Office | Serving Loxley, AL

257 St. Anthony St, PO Box 2394, Mobile, AL 36652

Business Bankruptcy Lawyers | Mobile Office | Serving Loxley, AL

11 North Water Street, Suite 24290, Mobile, AL 36602

Business Bankruptcy Lawyers | Mobile Office | Serving Loxley, AL

11 North Water Street, Ste 13290, PO Box 350, Mobile, AL 36601

Business Bankruptcy Lawyers | Mobile Office | Serving Loxley, AL

150 Government St, Suite 2000, Mobile, AL 36602

Business Bankruptcy Lawyers | Fairhope Office | Serving Loxley, AL

71 North Section Street, Suite B, PO Box 1499, Fairhope, AL 36533

Business Bankruptcy Lawyers | Daphne Office | Serving Loxley, AL

One Timber Way, Suite 101, Daphne, AL 36527

Business Bankruptcy Lawyers | Mobile Office | Serving Loxley, AL

PO Box 7128, Mobile, AL 36670

Business Bankruptcy Lawyers | Mobile Office | Serving Loxley, AL

1 St. Louis Street, Suite 1000, Mobile, AL 36602

Business Bankruptcy Lawyers | Mobile Office | Serving Loxley, AL

454 Dauphin Street, PO Box 3123, Mobile, AL 36652

Business Bankruptcy Lawyers | Mobile Office | Serving Loxley, AL

764 Downtowner Loop West, Mobile, AL 36609

Business Bankruptcy Lawyers | Mobile Office | Serving Loxley, AL

250 Congress Street, Mobile, AL 36603

Business Bankruptcy Lawyers | Mobile Office | Serving Loxley, AL

4317-A Midmost Drive, Mobile, AL 36609-5589

Business Bankruptcy Lawyers | Mobile Office | Serving Loxley, AL

101 Dauphin Street, Suite 1000, Mobile, AL 36602

Business Bankruptcy Lawyers | Mobile Office | Serving Loxley, AL

11 North Water St, Suite 1200, Mobile, AL 36602

Business Bankruptcy Lawyers | Mobile Office | Serving Loxley, AL

11 North Water Street, RSA Tower, Suite 22200, Mobile, AL 36602

Business Bankruptcy Lawyers | Mobile Office | Serving Loxley, AL

11 North Water Street, Suite 23200, Mobile, AL 36602

Loxley Business Bankruptcy Information

Lead Counsel Badge

Lead Counsel Verified Attorneys In Loxley

Lead Counsel independently verifies Business Bankruptcy attorneys in Loxley 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 Loxley

Business Bankruptcy

A Loxley 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.

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.

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

Plaintiff – a person or party who brings a lawsuit against another person(s) or party/parties in a court of law. Private persons or parties can only file suit in civil court.

Judgment – A decision of the court. Also known as a decree or order. Judgments handed down by the court are usually binding on the parties before the court.

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