Top Prichard, AL Business Bankruptcy Lawyers Near You

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

    Business Bankruptcy Lawyers | Mobile Office | Serving Prichard, AL

    Business Bankruptcy Lawyers | Mobile Office | Serving Prichard, AL

  • Phelps Dunbar LLP

    Business Bankruptcy Lawyers | Mobile Office | Serving Prichard, AL

    Business Bankruptcy Lawyers | Mobile Office | Serving Prichard, AL

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

    Business Bankruptcy Lawyers | Mobile Office | Serving Prichard, AL

    Business Bankruptcy Lawyers | Mobile Office | Serving Prichard, AL

  • Jones Walker LLP

    Business Bankruptcy Lawyers | Mobile Office | Serving Prichard, AL

    Business Bankruptcy Lawyers | Mobile Office | Serving Prichard, AL

  • Maynard, Cooper & Gale, P.C.

    Business Bankruptcy Lawyers | Mobile Office | Serving Prichard, AL

    Business Bankruptcy Lawyers | Mobile Office | Serving Prichard, AL

  • Christian & Small LLP

    Business Bankruptcy Lawyers | Daphne Office | Serving Prichard, AL

    Business Bankruptcy Lawyers | Daphne Office | Serving Prichard, AL

  • Hand Arendall Harrison Sale LLC

    Business Bankruptcy Lawyers | Fairhope Office | Serving Prichard, AL

    Business Bankruptcy Lawyers | Fairhope Office | Serving Prichard, AL

  • Dentons Sirote

    Business Bankruptcy Lawyers | Mobile Office | Serving Prichard, AL

    Business Bankruptcy Lawyers | Mobile Office | Serving Prichard, AL

  • Bond & Botes Law Offices

    Business Bankruptcy Lawyers | Mobile Office | Serving Prichard, AL

    Business Bankruptcy Lawyers | Mobile Office | Serving Prichard, AL

  • Adams and Reese LLP

    Business Bankruptcy Lawyers | Mobile Office | Serving Prichard, AL

    Business Bankruptcy Lawyers | Mobile Office | Serving Prichard, AL

  • Burr & Forman LLP

    Business Bankruptcy Lawyers | Mobile Office | Serving Prichard, AL

    Business Bankruptcy Lawyers | Mobile Office | Serving Prichard, AL

  • Hand Arendall Harrison Sale LLC

    Business Bankruptcy Lawyers | Mobile Office | Serving Prichard, AL

    Business Bankruptcy Lawyers | Mobile Office | Serving Prichard, AL

  • Silver, Voit & Garrett, P.C.

    Business Bankruptcy Lawyers | Mobile Office | Serving Prichard, AL

    Business Bankruptcy Lawyers | Mobile Office | Serving Prichard, AL

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

    Business Bankruptcy Lawyers | Mobile Office | Serving Prichard, AL

    Business Bankruptcy Lawyers | Mobile Office | Serving Prichard, AL

  • Orr & Almond, Attorneys at Law

    Business Bankruptcy Lawyers | Mobile Office | Serving Prichard, AL

    Business Bankruptcy Lawyers | Mobile Office | Serving Prichard, AL

  • Helmsing Leach

    Business Bankruptcy Lawyers | Mobile Office | Serving Prichard, AL

    Business Bankruptcy Lawyers | Mobile Office | Serving Prichard, AL

  • Terrie Seal Owens, LLC

    Business Bankruptcy Lawyers | Mobile Office | Serving Prichard, AL

    Business Bankruptcy Lawyers | Mobile Office | Serving Prichard, AL

  • Judson E. Crump, P.C.

    Business Bankruptcy Lawyers | Mobile Office | Serving Prichard, AL

    Business Bankruptcy Lawyers | Mobile Office | Serving Prichard, AL

Prichard Business Bankruptcy Information

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Lead Counsel Verified Attorneys In Prichard

Lead Counsel independently verifies Business Bankruptcy attorneys in Prichard 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 Prichard

Business Bankruptcy

A Prichard 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.

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.

Tips on Hiring an Experienced Lawyer with Business Bankruptcy Cases

The more experienced a lawyer is in legal practice, the more likely he/she will be able to bring about a successful resolution to your issue. Since experience matters, lawyers who’ve been practicing law for many years (with a successful track record) tend to be in high demand. You should look for information about a lawyer’s experience and ask questions during the initial meeting. It’s a very good idea to ask the lawyer how many years he/she has been practicing law and the expected outcome of your case.

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.

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