Business Bankruptcy Lawyers | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | Serving Mamaroneck, NY
Lead Counsel independently verifies Business Bankruptcy attorneys in Mamaroneck 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 Mamaroneck 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.
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.
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.
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.