Top Mesa, AZ Business Bankruptcy Lawyers Near You
2233 W Baseline Rd, Suite C-101, Tempe, AZ 85283
80 E Columbus Avenue, Phoenix, AZ 85012
14646 N Kierland Blvd, Suite 230, Scottsdale, AZ 85254
8601 North Scottsdale Road, Suite 300, Scottsdale, AZ 85253
3930 East Camelback Road, Suite 100, Phoenix, AZ 85018
2999 N. 44th St, Suite 625, Phoenix, AZ 85018
10429 S. 51st Street, Suite 275, Phoenix, AZ 85044-5241
2701 E Camelback Rd, Suite 150, Phoenix, AZ 85016
15205 N Kierland Blvd, Suite 200, Scottsdale, AZ 85254
11811 N Tatum Boulevard, Suite 3031, Phoenix, AZ 85028
2375 East Camelback Road, Suite 600, Phoenix, AZ 85016
3200 North Central Avenue, Suite 1560, Phoenix, AZ 85012
20325 North 51st Avenue, Suite 134, Glendale, AZ 85308
2158 N Gilbert Rd, Suite 114, Mesa, AZ 85203
80 E Columbus, Phoenix, AZ 85012
8502 E Via de Ventura, Suite 200, Scottsdale, AZ 85258
15331 W Bell Rd., Suite 212, Surprise, AZ 85374
7310 North 16th Street, Suite 330, Phoenix, AZ 85020
341 W Secretariat Dr, Tempe, AZ 85284
3131 E Camelback Rd, Suite 224, Phoenix, AZ 85016
1811 S Alma School Road, Suite 225, Mesa, AZ 85210
1414 E Indian School Road, Suite 200, Phoenix, AZ 85014
6017 N. 15th St., Phoenix, AZ 85014
16427 N. Scottsdale Road, Suite 300, Scottsdale, AZ 85254
16427 N Scottsdale Rd, Suite 130, Scottsdale, AZ 85254
Mesa Business Bankruptcy Information
Lead Counsel independently verifies Business Bankruptcy attorneys in Mesa and checks their standing with Arizona 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.
What Is Business Bankruptcy?
Business bankruptcy is for businesses in financial trouble that want to clear or reorganize their debts. Corporations, partnerships, and sole proprietors can generally file Chapter 11 or Chapter 7 bankruptcy. Chapter 11 bankruptcy allows the business to continue operating while reorganizing debts, while Chapter 7 bankruptcy typically means closing or selling the business and liquidating assets.
What Are Some Examples of Situations Where I Might Need a Business Bankruptcy Lawyer?
If your business is struggling with debts that you cannot pay off, a business bankruptcy lawyer can explain your bankruptcy options. While not many people’s preferred option, bankruptcy can help your business discharge company debts or reorganize debts and continue operating. Business bankruptcy can also stop collection actions against company assets.
How Can a Lawyer Help Me With a Business Bankruptcy?
A business bankruptcy lawyer can review your company’s financial situation and represent you in the bankruptcy process. This includes:
- Explaining the benefits and downsides of Chapter 7 and Chapter 11 filing
- Ensuring that collectors stop harassing your business
- Negotiating with creditors for repayment
- Creating a reorganization plan to help your company return to profitability
What Could Happen if I Don’t Hire a Bankruptcy Lawyer?
Not hiring a bankruptcy lawyer can lead to costly errors and prolonged financial stress. If you don’t hire a bankruptcy lawyer, you might make mistakes in the bankruptcy process. These mistakes could lead to your case being dismissed. Without a lawyer’s guidance, you could miss out on important protections, such as stopping creditor harassment or preventing foreclosure. You might also choose the wrong type of bankruptcy, resulting in more financial trouble. Handling bankruptcy alone increases the risk of losing assets you could have kept and wanted to keep. Additionally, you may struggle to negotiate with creditors without a lawyer. This makes it harder to achieve a manageable debt repayment plan or discharge.
What Questions Should I Ask When Trying To Find a Bankruptcy Lawyer in Chicago?
These questions can help you decide if you feel confident that a lawyer has the qualifications, experience, and ability to manage your case well. Many lawyers offer free consultations that allow you to understand your options and get specific legal advice before hiring them. Top questions include:
- What is your experience in handling bankruptcy cases? Have you managed cases like mine? What was the outcome of these cases?
- Do you have experience resolving issues like this in Illinois?
- What is your approach to handling bankruptcy cases?
- What is your record in negotiating favorable debt repayment plans?
- How do you communicate with clients about the progress of their cases?
- How much input will I have about the case strategy?
- What are your fees and billing structure?
Tips for Hiring a Bankruptcy Lawyer
Finding a lawyer who is right for you and will represent your best interests is an important first step in protecting your rights. Find a lawyer who understands your case, knows your needs and goals, and has the experience to get the best outcome. Things to do:
- Ask for recommendations
- Research lawyers online
- Schedule consultations
- Review experience and expertise
- Talk about billing and fees
- Trust your instincts