Business Bankruptcy Lawyers | Jericho Office | Serving Bellmore, NY
Those confronted with Business Bankruptcy issues can connect with Law Offices of Bradley D. Schnur, Esq., P.C.. This practice offers legal help to clients in the Bellmore, New York area.
Free Consultation
Se Habla Español
Business Bankruptcy Lawyers | Garnerville Office | Serving Bellmore, NY
Get experienced legal representation for Business Bankruptcy issues. Clients in Bellmore, New York can turn to Law Office of Ronald V. De Caprio for help.
Business Bankruptcy Lawyers | New York Office | Serving Bellmore, NY
Business Bankruptcy Lawyers | Garden City Office | Serving Bellmore, NY
Business Bankruptcy Lawyers | New York Office | Serving Bellmore, NY
Business Bankruptcy Lawyers | Garden City Office | Serving Bellmore, NY
Business Bankruptcy Lawyers | Forest Hills Office | Serving Bellmore, NY
Lead Counsel independently verifies Business Bankruptcy attorneys in Bellmore by conferring with New York 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.
A Bellmore 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.
No matter what your legal issue may be, it is always best to seek legal help early in the process. An attorney can help secure what is likely to be the best possible outcome for your situation and avoid both unnecessary complications or errors.
Prepare for your consultation by writing down notes of your understanding of the case, jot down questions and concerns for the attorney, and gather your documents. Remember that you are trying to get a sense of whether the attorney has your trust and can help you address your legal issues. Questions should include how the attorney intends to resolve your issue, how many years he/she has been practicing law and specifically practicing in your area, as well as how many cases similar to yours the attorney has handled. It can also be helpful to broach the subject of fees so that you understand the likely cost and structure of your representation by a specific attorney and/or legal team.
In general, how much an attorney costs will often depend on these four factors: billing method and pricing structure, type of legal work performed, law firm prestige, and attorney experience. Depending on the legal issue you are facing, an attorney may bill you by the hour, settle on a flat fee, or enter into a contingency fee agreement. The type of legal work you need help with will also play a role in cost incurred.
Personal jurisdiction – Requirement that a particular court have authority over a person, in order to bind that person to the judgment of the court, based on minimum contacts. International Shoe Co v. Washington is a landmark Supreme Court case outlining the scope of a state court’s reach in personal jurisdiction.