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Top El Paso, TX Business Bankruptcy Lawyers Near You

Business Bankruptcy Lawyers | El Paso Office

221 North Kansas Street, Suite 2000, El Paso, TX 79901

Business Bankruptcy Lawyers | El Paso Office

4695 North Mesa, El Paso, TX 79912

Business Bankruptcy Lawyers | El Paso Office

215 North Stanton Street, Second Floor Martin Building, El Paso, TX 79901

Business Bankruptcy Lawyers | El Paso Office

221 N. Kansas, Suite 1700, El Paso, TX 79901

Business Bankruptcy Lawyers | El Paso Office

5822 Cromo Drive, El Paso, TX 79912

Business Bankruptcy Lawyers | El Paso Office

201 East Main Drive, Suite 1100, El Paso, TX 79901

Business Bankruptcy Lawyers | El Paso Office

5915 Silver Springs, Building 7, El Paso, TX 79912

Business Bankruptcy Lawyers | El Paso Office

609 Montana Avenue, El Paso, TX 79902

Business Bankruptcy Lawyers | El Paso Office

11601 Pellicano Dr, Bldg B18, El Paso, TX 79936

El Paso Business Bankruptcy Information

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Lead Counsel Verified Attorneys In El Paso

Lead Counsel independently verifies Business Bankruptcy attorneys in El Paso and checks their standing with Texas 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 El Paso

Business Bankruptcy

A El Paso 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.

Top Questions to Ask When Hiring an Attorney

  • How many years have you been practicing law? How long have you practiced law in the local area?
  • How many cases similar to mine have you handled in the past?
  • What is the likely outcome for my case?

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.

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.

How much does it cost to hire an attorney?

In general, how much an attorney costs will often depend on these four factors: billing method and pricing structure, type of legal work performed, law firm prestige, and attorney experience. Depending on the legal issue you are facing, an attorney may bill you by the hour, settle on a flat fee, or enter into a contingency fee agreement. The type of legal work you need help with will also play a role in cost incurred.

Common legal terms explained

Plaintiff – a person or party who brings a lawsuit against another person(s) or party/parties in a court of law. Private persons or parties can only file suit in civil court.

Judgment – A decision of the court. Also known as a decree or order. Judgments handed down by the court are usually binding on the parties before the court.

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