Business Bankruptcy Lawyers | Durham Office | Serving Durham, NC
A Caring and Understanding Law Firm Helping People through Tough Times
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Business Bankruptcy Lawyers | Raleigh Office
313 E Martin St, Suite 104, Raleigh, NC 27601
Business Bankruptcy Lawyers | Raleigh Office
4208 Forks Road, Suite 1000, Raleigh, NC 27609
Business Bankruptcy Lawyers | Durham Office | Serving Raleigh, NC
2530 Meridian Parkway, Durham, NC 27713
Business Bankruptcy Lawyers | Raleigh Office
421 Fayetteville St, Suite 1210, Raleigh, NC 27601
Business Bankruptcy Lawyers | Durham Office | Serving Raleigh, NC
1921 N Pointe Dr, Durham, NC 27705
Business Bankruptcy Lawyers | Cary Office | Serving Raleigh, NC
2500 Regency Parkway, Cary, NC 27518
Business Bankruptcy Lawyers | Raleigh Office
555 Fayetteville Street, Suite 1100, Raleigh, NC 27601
Business Bankruptcy Lawyers | Raleigh Office
5410 Trinity Rd, Suite 210, Raleigh, NC 27607
Business Bankruptcy Lawyers | Raleigh Office
150 Fayetteville Street, Suite 300, Raleigh, NC 27601
Business Bankruptcy Lawyers | Raleigh Office
4141 Parklake Ave, Suite 530, Raleigh, NC 27612
Business Bankruptcy Lawyers | Raleigh Office
4700 Six Forks Rd, Suite 150, Raleigh, NC 27609
Business Bankruptcy Lawyers | Raleigh Office
2021 Fairview Rd, Raleigh, NC 27608
Business Bankruptcy Lawyers | Chapel Hill Office | Serving Raleigh, NC
100 Europa Drive, Suite 401, Chapel Hill, NC 27517
Business Bankruptcy Lawyers | Durham Office | Serving Raleigh, NC
4721 Emperor Blvd., Suite 220, Durham, NC 27703
Business Bankruptcy Lawyers | Raleigh Office
4509 Creedmoor Rd, Suite 302, Raleigh, NC 27612
Business Bankruptcy Lawyers | Raleigh Office
555 Fayetteville St, Suite 720, Raleigh, NC 27601
Business Bankruptcy Lawyers | Raleigh Office
4600 Marriott Dr, Suite 150, Raleigh, NC 27612
Business Bankruptcy Lawyers | Raleigh Office
434 Fayetteville Street, Suite 2800, Raleigh, NC 27601
Business Bankruptcy Lawyers | Raleigh Office
434 Fayetteville St, Suite 1730, Raleigh, NC 27601
Business Bankruptcy Lawyers | Raleigh Office
4350 Lassiter at North Hills Avenue, Suite 300, Raleigh, NC 27609
Business Bankruptcy Lawyers | Raleigh Office
5400 Glenwood Ave, Suite 330, Raleigh, NC 27612
Business Bankruptcy Lawyers | Raleigh Office
2609 Atlantic Ave, Suite 215, Raleigh, NC 27604
Business Bankruptcy Lawyers | Chapel Hill Office | Serving Raleigh, NC
1709 Legion Rd., #215, Chapel Hill, NC 27517
Business Bankruptcy Lawyers | Raleigh Office
421 Fayetteville Street, Suite 1400, Raleigh, NC 27601
Business Bankruptcy Lawyers | Raleigh Office
421 Fayetteville Street, Suite 330, Raleigh, NC 27601
Lead Counsel independently verifies Business Bankruptcy attorneys in Raleigh and checks their standing with North Carolina bar associations.
Our Verification Process and CriteriaA Raleigh 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.
Specialized legal help is available for most legal issues. Each case is unique; seeking legal help is a smart first step toward understanding your legal situation and seeking the best path toward resolution for your case. An experienced lawyer understands the local laws surrounding your case and what your best legal options might be. More importantly, there are certain situations and circumstances – such as being charged with a crime – where you should always seek experienced legal help.
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.
Bill by the hour: Many attorneys bill by the hour. How much an attorney bills you per hour will vary based on a number of factors. For instance, an attorney’s hourly fee may fluctuate based on whether that hour is spent representing you in court or doing research on your case. Attorneys in one practice area may bill you more than attorneys in a different practice area.
Contingent fee: Some lawyers will accept payment via contingent fee. In this arrangement, the lawyer receives a percentage of the total monetary recovery if you win your lawsuit. In sum, the lawyer only gets paid if you win. Contingent fee agreements are limited to specific practice areas in civil law.
Flat fee: For “routine” legal work where the attorney generally knows the amount of time and resources necessary to complete the task, he/she may be willing to bill you a flat fee for services performed.
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.