Business Bankruptcy Lawyers | White Plains Office | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | Poughkeepsie Office | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | New York Office | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | Scarsdale Office | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | New York Office | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | New York Office | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | Brooklyn Office | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | White Plains Office | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | White Plains Office | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | Melville Office | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | New York Office | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | New York Office | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | New York Office | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | New York Office | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | Commack Office | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | Commack Office | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | New York Office | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | New York Office | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | New York Office | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | New York Office | Serving Mamaroneck, NY
Business Bankruptcy Lawyers | New York Office | 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.
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.
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:
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.
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.