Top Larchmont, NY Business Bankruptcy Lawyers Near You
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Law Offices of Bradley D. Schnur, Esq., P.C.
Business Bankruptcy Lawyers | Serving Larchmont, NY
View ProfileThose 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 Larchmont, New York area.
Free Consultation
Se Habla Español
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Law Office of Ronald V. De Caprio
Business Bankruptcy Lawyers | Serving Larchmont, NY
View ProfileGet experienced legal representation for Business Bankruptcy issues. Clients in Larchmont, New York can turn to Law Office of Ronald V. De Caprio for help.
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Larchmont Business Bankruptcy Information
Lead Counsel Verified Attorneys In Larchmont
Lead Counsel independently verifies Business Bankruptcy attorneys in Larchmont 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.
Business Bankruptcy
A Larchmont 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.
Best Time to Seek Legal Help
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.
How to Prepare for Your Initial Consultation
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.
Does firm size matter?
For most consumer legal issues, the size of the practice is much less important than the experience, competence, and reputation of the attorney(s) handling your case. Among the most important factors when choosing an attorney are your comfort level with the attorney or practice and the attorney’s track record in bringing about quick, successful resolutions to cases similar to yours.
Common legal terms explained
Affidavit – A sworn written statement made under oath. An affidavit is meant to be a supporting document to the court assisting in the verification of certain facts. An affidavit may or may not require notarization.