Business Bankruptcy Lawyers | Montgomery Office | Serving Pike Road, AL
469 South McDonough Street, PO Box 4054, Montgomery, AL 36103-4054
Business Bankruptcy Lawyers | Montgomery Office | Serving Pike Road, AL
445 Dexter Avenue, Suite 8040, Montgomery, AL 36104
Business Bankruptcy Lawyers | Montgomery Office | Serving Pike Road, AL
105 Tallapoosa St., Suite 200, PO Box 78, Montgomery, AL 36101-0078
Business Bankruptcy Lawyers | Montgomery Office | Serving Pike Road, AL
402 S. Perry St., Suite 200, Montgomery, AL 36104
Business Bankruptcy Lawyers | Montgomery Office | Serving Pike Road, AL
445 Dexter Avenue, Suite 2040, Montgomery, AL 36104
Business Bankruptcy Lawyers | Montgomery Office | Serving Pike Road, AL
250 Commerce St, Suite 203, Montgomery, AL 36104
Business Bankruptcy Lawyers | Montgomery Office | Serving Pike Road, AL
RSA Plaza Building, 770 Washington Ave, Suite 150, Montgomery, AL 36104
Business Bankruptcy Lawyers | Montgomery Office | Serving Pike Road, AL
445 Dexter Avenue, Suite 9075, Montgomery, AL 36104
Business Bankruptcy Lawyers | Montgomery Office | Serving Pike Road, AL
311 Catoma St, Montgomery, AL 36104
Business Bankruptcy Lawyers | Montgomery Office | Serving Pike Road, AL
150 South Perry Street, Montgomery, AL 36102-2069
Lead Counsel independently verifies Business Bankruptcy attorneys in Pike Road and checks their standing with Alabama bar associations.
Our Verification Process and CriteriaA Pike Road 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.
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.
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.
An attorney consultation should provide you with enough information so that you can make an informed decision on whether to proceed with legal help.
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.
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.