Skip to main content

Top Mobile, AL Business Bankruptcy Lawyers Near You

Business Bankruptcy Lawyers | Mobile Office

PO Box 851115, Mobile, AL 36685

Business Bankruptcy Lawyers | Mobile Office

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

Business Bankruptcy Lawyers | Mobile Office

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

Business Bankruptcy Lawyers | Mobile Office

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

Business Bankruptcy Lawyers | Mobile Office

PO Box 7128, Mobile, AL 36670

Business Bankruptcy Lawyers | Mobile Office

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

Business Bankruptcy Lawyers | Mobile Office

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

Business Bankruptcy Lawyers | Mobile Office

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

Business Bankruptcy Lawyers | Mobile Office

150 Government St, Suite 2000, Mobile, AL 36602

Business Bankruptcy Lawyers | Mobile Office

104 Saint Francis Street, Suite 300, Mobile, AL 36602

Business Bankruptcy Lawyers | Daphne Office | Serving Mobile, AL

One Timber Way, Suite 101, Daphne, AL 36527

Business Bankruptcy Lawyers | Mobile Office

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

Business Bankruptcy Lawyers | Mobile Office

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

Business Bankruptcy Lawyers | Mobile Office

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

Business Bankruptcy Lawyers | Mobile Office

764 Downtowner Loop West, Mobile, AL 36609

Business Bankruptcy Lawyers | Mobile Office

250 Congress Street, Mobile, AL 36603

Business Bankruptcy Lawyers | Mobile Office

101 Dauphin Street, Suite 1000, Mobile, AL 36602

Business Bankruptcy Lawyers | Mobile Office

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

Business Bankruptcy Lawyers | Mobile Office

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

Mobile Business Bankruptcy Information

Lead Counsel Badge

Lead Counsel Verified Attorneys In Mobile

Lead Counsel independently verifies Business Bankruptcy attorneys in Mobile 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 Mobile

Business Bankruptcy

A Mobile 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.

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

Pro se – This Latin term refers to representing yourself in court instead of hiring professional legal counsel. Pro se representation can occur in either criminal or civil cases.

Statute – Refers to a law created by a legislative body. For example, the laws enacted by Congress are statutes.

Subject matter jurisdiction – Requirement that a particular court have authority to hear the claim based on the specific type of issue brought to the court. For example, the U.S. Bankruptcy Court only has subject matter jurisdiction over bankruptcy filings, therefore it does not have the authority to render binding judgment over other types of cases, such as divorce.

Page Generated: 0.25820112228394 sec