Top Highland, IN Business Bankruptcy Lawyers Near You

Business Bankruptcy Lawyers | Schererville Office | Serving Highland, IN

833 West Lincoln Hwy, Suite 410W, Schererville, IN 46375

Business Bankruptcy Lawyers | Merrillville Office | Serving Highland, IN

8001 Broadway, Suite 400, Merrillville, IN 46410

Business Bankruptcy Lawyers | Merrillville Office | Serving Highland, IN

233 East 84th Drive, Merrillville, IN 46410

Business Bankruptcy Lawyers | Highland Office

2211 Main St, Suite 3-2A, Highland, IN 46322

Business Bankruptcy Lawyers | Merrillville Office | Serving Highland, IN

8396 Mississippi Street, Merrillville, IN 46410

Business Bankruptcy Lawyers | Highland Office

9105 Indianapolis Blvd, Suite B-A, Highland, IN 46322

Business Bankruptcy Lawyers | Valparaiso Office | Serving Highland, IN

911 Wall St., Suite E, Valparaiso, IN 46383

Business Bankruptcy Lawyers | Merrillville Office | Serving Highland, IN

433 West 84th Drive, Merrillville, IN 46410

Business Bankruptcy Lawyers | Merrillville Office | Serving Highland, IN

8700 Broadway, Merrillville, IN 46410

Business Bankruptcy Lawyers | Schererville Office | Serving Highland, IN

322 Indianapolis Blvd., Suite 201, Schererville, IN 46375

Business Bankruptcy Lawyers | Merrillville Office | Serving Highland, IN

Merrillville Corporate Center, 8001 Broadway, Suite 100, Merrillville, IN 46410

Highland Business Bankruptcy Information

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Lead Counsel Verified Attorneys In Highland

Lead Counsel independently verifies Business Bankruptcy attorneys in Highland and checks their standing with Indiana 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.

Find a Business Bankruptcy Attorney near Highland

Business Bankruptcy

A Highland 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.

Tips on Approaching an Initial Attorney Consultation

  • Use the consultation as a means of gaining a better understanding of your legal situation.
  • Ask the attorney how many cases similar to yours he/she has handled. An attorney’s experience and knowledge can speak to their expertise (or lack of) in addressing your situation.
  • Your attorney should be able to articulate roughly how long a case like yours will take to resolve and what sort of procedures to expect.
  • Determine how comfortable you are working with the lawyer and/or law firm.

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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