Top Pelham, AL Business Bankruptcy Lawyers Near You

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    Gordon, Dana & Gilmore, LLC

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

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    Wilson, Elser, Moskowitz, Edelman & Dicker LLP

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

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    Snable Stevenson & Silva L.L.C.

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

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    Tiffany & Bosco, P.A.

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

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    Baker, Donelson, Bearman, Caldwell & Berkowitz, PC

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

  • Maynard, Cooper & Gale, P.C.

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

  • Walding, LLC

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

  • Cahaba Legal

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

  • Glenn Blanchard & Associates, P. C.

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

  • Weinberg Wheeler Hudgins Gunn & Dial, LLC

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

  • Adams and Reese LLP

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

  • Benton, Centeno & Morris, LLP

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

  • Waller Lansden Dortch & Davis, LLP

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

  • Anderson & Associates, LLC

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

  • The Robinson Law Firm, P.C.

    Business Bankruptcy Lawyers | Ashville Office | Serving Pelham, AL

    Business Bankruptcy Lawyers | Ashville Office | Serving Pelham, AL

  • Hall Booth Smith, P.C.

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

  • Burr & Forman LLP

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

  • Engel, Hairston and Johanson, P.C.

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

  • Norman, Wood, Kendrick & Turner

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

  • Spain & Gillon, L.L.C.

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

  • McCalla Raymer Leibert & Pierce, LLC

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

  • Bressler Amery & Ross, PC

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

  • Clark Law Firm, PC

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

  • Cotney Attorneys & Consultants

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

  • Law Office of J. Todd Miner, LLC

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

    Business Bankruptcy Lawyers | Birmingham Office | Serving Pelham, AL

Pelham Business Bankruptcy Information

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Lead Counsel Verified Attorneys In Pelham

Lead Counsel independently verifies Business Bankruptcy attorneys in Pelham 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 Pelham

Business Bankruptcy

A Pelham 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.

When to Hire a Lawyer

It is in your best interest to get legal help early on in addressing your situation. There are times when hiring a lawyer quickly is critical to your case, such as if you are charged with a crime. It may also be in your best interest to have a lawyer review the fine print before signing legal documents. A lawyer can also help you get the compensation you deserve if you’ve suffered a serious injury. For issues where money or property is at stake, having a lawyer guide you through the complexities of the legal system can save you time, hassle, and possibly a lot of grief in the long run.

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.

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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