Top Philadelphia, PA Business Bankruptcy Lawyers Near You

Business Bankruptcy Lawyers | Bala Cynwyd Office | Serving Philadelphia, PA

2 Bala Plaza, Suite 300, Bala Cynwyd, PA 19004

Business Bankruptcy Lawyers | Philadelphia Office

1900 Market Street, Suite 800, Philadelphia, PA 19103

Business Bankruptcy Lawyers | Philadelphia Office

2008 Chestnut Street, Philadelphia, PA 19148

Business Bankruptcy Lawyers | Philadelphia Office

1315 Walnut Street, Suite 502, Philadelphia, PA 19107

Business Bankruptcy Lawyers | Media Office | Serving Philadelphia, PA

212 W Front St, Suite 300, Media, PA 19063

Business Bankruptcy Lawyers | Philadelphia Office

Two Commerce Square, 2001 Market Street, Suite 3100, Philadelphia, PA 19103

Business Bankruptcy Lawyers | Philadelphia Office

1801 Market St, Suite 2300, Philadelphia, PA 19103

Business Bankruptcy Lawyers | Philadelphia Office

123 S. Board Street, Suite 1030, Philadelphia, PA 19109

Business Bankruptcy Lawyers | Philadelphia Office

One Liberty Place, 1650 Market Street, Philadelphia, PA 19103

Business Bankruptcy Lawyers | Wayne Office | Serving Philadelphia, PA

175 Strafford Avenue, Suite One, Wayne, PA 19087

Business Bankruptcy Lawyers | Southampton Office | Serving Philadelphia, PA

1111 Street Road, Suite 305, Southampton, PA 18966

Business Bankruptcy Lawyers | Philadelphia Office

1628 John F Kennedy Blvd, Suite 1901, Philadelphia, PA 19103

Business Bankruptcy Lawyers | Philadelphia Office

7715 Crittenden St., Suite 360, Philadelphia, PA 19118

Business Bankruptcy Lawyers | Pottstown Office | Serving Philadelphia, PA

933 N. Charlotte St, Ste 3-B, Pottstown, PA 19464

Business Bankruptcy Lawyers | Jenkintown Office | Serving Philadelphia, PA

115 West Avenue, Suite 104, Jenkintown, PA 19046

Business Bankruptcy Lawyers | Philadelphia Office

Three Logan Square, 1717 Arch Street, Suite 3500, Philadelphia, PA 19103

Business Bankruptcy Lawyers | Philadelphia Office

1800 JFK Blvd, Suite 403, Philadelphia, PA 19103

Business Bankruptcy Lawyers | Philadelphia Office

Centre Square West, 1500 Market St, Suite 3400, Philadelphia, PA 19102

Business Bankruptcy Lawyers | Philadelphia Office

1650 Arch Street, Suite 1800, Philadelphia, PA 19103

Business Bankruptcy Lawyers | Philadelphia Office

1700 Market Street, Suite 1418, Philadelphia, PA 19103-3907

Business Bankruptcy Lawyers | Philadelphia Office

1218 Chestnut Street, Suite 405, Philadelphia, PA 19107

Business Bankruptcy Lawyers | Blue Bell Office | Serving Philadelphia, PA

325 Sentry Pkwy, Bldg 5W, Suite 200, Blue Bell, PA 19422

Business Bankruptcy Lawyers | Pottstown Office | Serving Philadelphia, PA

192 S. Hanover St, Suite 101, Pottstown, PA 19464

Business Bankruptcy Lawyers | Downingtown Office | Serving Philadelphia, PA

342 E Lancaster Avenue, Downingtown, PA 19335

Business Bankruptcy Lawyers | Philadelphia Office

2001 Market St, Two Commerce Square, Suite 2620, Philadelphia, PA 19103

Philadelphia Business Bankruptcy Information

Lead Counsel Badge

Lead Counsel Verified Attorneys In Philadelphia

Lead Counsel independently verifies Business Bankruptcy attorneys in Philadelphia and checks their standing with Pennsylvania 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 Philadelphia

Business Bankruptcy

A Philadelphia 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.

The Importance of a Good Consultation

The goal of an initial consultation is to find an attorney you are comfortable working with and someone who can help you understand your options under the law. Seek to understand the relevant legal experience the attorney brings to your case. While it is not realistic to expect an attorney to resolve your legal issue during an initial consultation, you should gain a level of comfort with his/her ability to do so. A good consultation can clarify issues, raise pertinent questions and considerations for your case, and help you make an informed decision towards resolving your legal issue.

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

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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