Top Ellington, CT Business Bankruptcy Lawyers Near You
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The Law Office of Ryan A. Bauder
Business Bankruptcy Lawyers | Plantsville Office | Serving Ellington, CT
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Wilson, Elser, Moskowitz, Edelman & Dicker LLP
Business Bankruptcy Lawyers | Hartford Office | Serving Ellington, CT
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Lewis Brisbois Bisgaard & Smith, LLP
Business Bankruptcy Lawyers | Hartford Office | Serving Ellington, CT
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Akin Gump Strauss Hauer & Feld LLP
Business Bankruptcy Lawyers | Hartford Office | Serving Ellington, CT
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Shipman, Shaiken & Schwefel, LLC
Business Bankruptcy Lawyers | West Hartford Office | Serving Ellington, CT
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Rescia Law, P.C.
Business Bankruptcy Lawyers | Enfield Office | Serving Ellington, CT
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Obermayer Rebmann Maxwell & Hippel LLP
Business Bankruptcy Lawyers | Hartford Office | Serving Ellington, CT
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Boatman Law LLC
Business Bankruptcy Lawyers | Glastonbury Office | Serving Ellington, CT
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Flaschen Advisory LLC
Business Bankruptcy Lawyers | Glastonbury Office | Serving Ellington, CT
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O'Connell, Attmore & Miller, LLC
Business Bankruptcy Lawyers | Hartford Office | Serving Ellington, CT
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Updike, Kelly & Spellacy, P.C.
Business Bankruptcy Lawyers | Middletown Office | Serving Ellington, CT
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Law Offices of M. Grater, LLC
Business Bankruptcy Lawyers | Groton Office | Serving Ellington, CT
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VLP Law Group LLP
Business Bankruptcy Lawyers | Marlborough Office | Serving Ellington, CT
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Bendett & McHugh, P.C.
Business Bankruptcy Lawyers | Farmington Office | Serving Ellington, CT
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The Bray Law Firm, LLC
Business Bankruptcy Lawyers | Glastonbury Office | Serving Ellington, CT
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Gordon Rees Scully Mansukhani, LLP
Business Bankruptcy Lawyers | Glastonbury Office | Serving Ellington, CT
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Marder, Roberson & DeFelice Law Offices, LLC
Business Bankruptcy Lawyers | Ellington Office
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Marder, Roberson & DeFelice Law Offices, LLC
Business Bankruptcy Lawyers | Vernon Office | Serving Ellington, CT
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Reid and Riege, PC
Business Bankruptcy Lawyers | West Hartford Office | Serving Ellington, CT
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Motley Rice
Business Bankruptcy Lawyers | Hartford Office | Serving Ellington, CT
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Hinckley Allen
Business Bankruptcy Lawyers | Hartford Office | Serving Ellington, CT
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Novak Law Office, P.C.
Business Bankruptcy Lawyers | Manchester Office | Serving Ellington, CT
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Bracewell LLP
Business Bankruptcy Lawyers | Hartford Office | Serving Ellington, CT
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Updike, Kelly & Spellacy, P.C.
Business Bankruptcy Lawyers | Hartford Office | Serving Ellington, CT
Ellington Business Bankruptcy Information
Lead Counsel Verified Attorneys In Ellington
Lead Counsel independently verifies Business Bankruptcy attorneys in Ellington by conferring with Connecticut 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.
Business Bankruptcy
A Ellington 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.
How an Attorney Can Help
An attorney can often resolve your particular legal issue faster and better than trying to do it alone. A lawyer can help you navigate the legal system, while avoiding costly mistakes or procedural errors. You should seek out an attorney whose practice focuses on the area of law most relevant to your issue.
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.
How to Find the Right Attorney
- Determine the area of law that relates to your issue. Attorneys specialize in specific practice areas around legal issues within the broad field of law.
- Seek out recommendations from friends, family, and colleagues. A successful attorney or practice will typically have many satisfied clients.
- Set up consultation appointments to get a better understanding of your case as well as gauge your comfort level with different attorneys. Find the attorney who is the right fit for your needs.
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.