Top Virginia Beach, VA Business Bankruptcy Lawyers Near You

Business Bankruptcy Lawyers | Chesapeake Office | Serving Virginia Beach, VA

PO Box 1322, Chesapeake, VA 23327

Business Bankruptcy Lawyers | Hampton Office | Serving Virginia Beach, VA

2021 Cunningham Drive, Hampton, VA 23666

Business Bankruptcy Lawyers | Virginia Beach Office

154 Newtown Rd, Suite B2-100, Virginia Beach, VA 23462

Business Bankruptcy Lawyers | Norfolk Office | Serving Virginia Beach, VA

550 E Plume St, Suite 203, Norfolk, VA 23510

Business Bankruptcy Lawyers | Norfolk Office | Serving Virginia Beach, VA

150 Boush Street, Suite 604, Norfolk, VA 23510

Business Bankruptcy Lawyers | Virginia Beach Office

618 Village Dr, Suite J, Virginia Beach, VA 23454

Business Bankruptcy Lawyers | Norfolk Office | Serving Virginia Beach, VA

500 East Main Street, Suite 1225, Norfolk, VA 23510

Business Bankruptcy Lawyers | Virginia Beach Office

249 Central Park Avenue, Suite 300-91, Virginia Beach, VA 23462

Business Bankruptcy Lawyers | Norfolk Office | Serving Virginia Beach, VA

101 Granby Street, Suite 300, Norfolk, VA 23510

Business Bankruptcy Lawyers | Virginia Beach Office

272 Bendix Rd, Suite 330, Virginia Beach, VA 23452

Business Bankruptcy Lawyers | Virginia Beach Office

222 Central Park Avenue, Suite 2000, Virginia Beach, VA 23462

Business Bankruptcy Lawyers | Norfolk Office | Serving Virginia Beach, VA

101 West Main Street, Suite 9000, World Trade Center, Norfolk, VA 23510

Business Bankruptcy Lawyers | Norfolk Office | Serving Virginia Beach, VA

150 Boush Street, Suite 604, Norfolk, VA 23510

Business Bankruptcy Lawyers | Virginia Beach Office

575 Lynnhaven Parkway, Suite 200, Virginia Beach, VA 23452

Business Bankruptcy Lawyers | Norfolk Office | Serving Virginia Beach, VA

500 East Main Street, Suite 1000, Norfolk, VA 23510

Business Bankruptcy Lawyers | Virginia Beach Office

4705 Columbus Street, Suite 100, Virginia Beach, VA 23462

Business Bankruptcy Lawyers | Norfolk Office | Serving Virginia Beach, VA

870 North Military Highway, Suite 300, Norfolk, VA 23502

Business Bankruptcy Lawyers | Virginia Beach Office

2101 Parks Avenue, Suite 700, Virginia Beach, VA 23451

Business Bankruptcy Lawyers | Virginia Beach Office

222 Central Park Avenue, Suite 1700, Virginia Beach, VA 23462-3035

Business Bankruptcy Lawyers | Norfolk Office | Serving Virginia Beach, VA

500 East Plume Street, Suite 503, Norfolk, VA 23510

Business Bankruptcy Lawyers | Yorktown Office | Serving Virginia Beach, VA

4000 George Washington Mem. Hwy, Yorktown, VA 23692

Business Bankruptcy Lawyers | Williamsburg Office | Serving Virginia Beach, VA

263 McLaws Circle, Suite 205, Williamsburg, VA 23185

Business Bankruptcy Lawyers | Williamsburg Office | Serving Virginia Beach, VA

5425 Discovery Park Blvd, Suite 200, Williamsburg, VA 23188

Business Bankruptcy Lawyers | Virginia Beach Office

222 Central Park Avenue, Suite 400, Virginia Beach, VA 23462

Virginia Beach Business Bankruptcy Information

Lead Counsel Badge

Lead Counsel Verified Attorneys In Virginia Beach

Lead Counsel independently verifies Business Bankruptcy attorneys in Virginia Beach and checks their standing with Virginia 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 Virginia Beach

Business Bankruptcy

A Virginia Beach 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.

How an Attorney Can Help

An attorney can often resolve your particular legal issue faster and better than trying to do it alone. A lawyer can help you navigate the legal system, while avoiding costly mistakes or procedural errors. You should seek out an attorney whose practice focuses on the area of law most relevant to your issue.

Top Questions to Ask a Lawyer

  • What is the usual process to resolve my case? How long will it take to resolve this?
  • What are likely outcomes of a case like mine? What should I expect?

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.

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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