Top Brooklyn, NY Business Bankruptcy Lawyers Near You

Business Bankruptcy Lawyers | White Plains Office | Serving Brooklyn, NY

81 Main St, Suite 306, White Plains, NY 10601

Business Bankruptcy Lawyers | Melville Office | Serving Brooklyn, NY

135 Pinelawn Rd, Suite 250N, Melville, NY 11747-4901

Business Bankruptcy Lawyers | New York Office | Serving Brooklyn, NY

100 Park Ave, 16th Floor, New York, NY 10017

Business Bankruptcy Lawyers | New York Office | Serving Brooklyn, NY

200 Park Avenue, New York, NY 10166

Business Bankruptcy Lawyers | New York Office | Serving Brooklyn, NY

909 Third Avenue, 27th Floor, New York, NY 10022

Business Bankruptcy Lawyers | New York Office | Serving Brooklyn, NY

77 Water Street, Suite 2100, New York, NY 10005

Business Bankruptcy Lawyers | New York Office | Serving Brooklyn, NY

7 Times Square, 21st Floor, New York, NY 10036

Business Bankruptcy Lawyers | New York Office | Serving Brooklyn, NY

260 W 26th St., Suite 7Q, New York, NY 10001

Business Bankruptcy Lawyers | Bay Shore Office | Serving Brooklyn, NY

160 Howells Road, Bay Shore, NY 11706

Business Bankruptcy Lawyers | New York Office | Serving Brooklyn, NY

One Liberty Plaza, 165 Broadway, Suite 2374, New York, NY 10006

Business Bankruptcy Lawyers | Garden City Office | Serving Brooklyn, NY

600 Old Country Road, Room 410, Garden City, NY 11530

Business Bankruptcy Lawyers | New York Office | Serving Brooklyn, NY

605 Third Avenue, New York, NY 10158

Business Bankruptcy Lawyers | New York Office | Serving Brooklyn, NY

5 Penn Plaza, Suite 2300, New York, NY 10001

Business Bankruptcy Lawyers | New York Office | Serving Brooklyn, NY

80 Broad St Fl 23rd, New York, NY 10004

Business Bankruptcy Lawyers | New York Office | Serving Brooklyn, NY

445 Park Avenue, Ninth Floor, New York, NY 10022

Business Bankruptcy Lawyers | Lagrangeville Office | Serving Brooklyn, NY

1131 Route 55, Suite 6, Lagrangeville, NY 12540

Business Bankruptcy Lawyers | Huntington Station Office | Serving Brooklyn, NY

1399 New York Ave, Huntington Station, NY 11746

Business Bankruptcy Lawyers | New York Office | Serving Brooklyn, NY

1177 Avenue of the Americas, 41st Floor, New York, NY 10036-2714

Business Bankruptcy Lawyers | New York Office | Serving Brooklyn, NY

1185 Avenue of the Americas, Suite 3400, New York, NY 10036-4003

Business Bankruptcy Lawyers | New York Office | Serving Brooklyn, NY

590 Madison Avenue, Suite 1800, New York, NY 10022

Business Bankruptcy Lawyers | New York Office | Serving Brooklyn, NY

575 5th Avenue, Floor 18, New York, NY 10017

Business Bankruptcy Lawyers | Staten Island Office | Serving Brooklyn, NY

160H Dinsmore Street, Staten Island, NY 10314

Business Bankruptcy Lawyers | Brooklyn Office

1 MetroTech Center, Suite 1701, Brooklyn, NY 11201

Brooklyn Business Bankruptcy Information

Lead Counsel Badge

Lead Counsel Verified Attorneys In Brooklyn

Lead Counsel independently verifies Business Bankruptcy attorneys in Brooklyn and checks their standing with New York 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 Brooklyn

Business Bankruptcy

A Brooklyn 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.

Top Questions to Ask When Hiring an Attorney

  • How many years have you been practicing law? How long have you practiced law in the local area?
  • How many cases similar to mine have you handled in the past?
  • What is the likely outcome for my case?

In legal practice, experience matters. An experienced attorney will likely have handled issues similar to yours many, many times. Therefore, after listening to your situation, the attorney should have a reasonable idea of the time line for a case like yours and the likely resolution.

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 will an attorney charge me?

A reputable attorney will be very upfront about how he/she will charge you. The three most common fee structures that attorneys use to charge for their services are:

  • Bill by the hour
  • Contingent fee agreement
  • Flat fee agreement

Depending on your specific legal situation, it’s possible that only one type of fee structure is available. For instance, criminal defense attorneys almost always bill by the hour. In a flat fee arrangement, an attorney accepts a one-time payment to help you resolve your issue. With a contingent fee agreement, the client pays little to nothing upfront and the attorney receives a percentage of the money recovered if you win 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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