Top Virginia Beach, VA Business Bankruptcy Lawyers Near You

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    Edward J. Sargent, Attorney at Law

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

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

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    Haven Law Group, P.C.

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

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

  • Dickenson & Dickenson

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

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

  • Sands Anderson PC

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

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

  • McIntyre Stein, LLC

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

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

  • Gordon Rees Scully Mansukhani, LLP

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

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

  • Hampton Roads Legal Services

    Business Bankruptcy Lawyers | Virginia Beach Office

    Business Bankruptcy Lawyers | Virginia Beach Office

  • Harry Jernigan CPA Attorney, P.C.

    Business Bankruptcy Lawyers | Virginia Beach Office

    Business Bankruptcy Lawyers | Virginia Beach Office

  • Hanger Law

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

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

  • Law Offices of David A. Greer PLC

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

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

  • Schempf & Ware, PLLC

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

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

  • Hanger Law

    Business Bankruptcy Lawyers | Virginia Beach Office

    Business Bankruptcy Lawyers | Virginia Beach Office

  • Hanger Law

    Business Bankruptcy Lawyers | Newport News Office | Serving Virginia Beach, VA

    Business Bankruptcy Lawyers | Newport News Office | Serving Virginia Beach, VA

  • Roussos & Barnhart, PLC

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

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

  • Boleman Law Firm, P.C.

    Business Bankruptcy Lawyers | Virginia Beach Office

    Business Bankruptcy Lawyers | Virginia Beach Office

  • Crowley Law P.C.

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

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

  • Kaufman & Canoles, PC

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

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

  • McGuireWoods LLP

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

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

  • Anderson & Associates, PC

    Business Bankruptcy Lawyers | Virginia Beach Office

    Business Bankruptcy Lawyers | Virginia Beach Office

  • Pender & Coward, P.C.

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

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

  • Kaufman & Canoles, PC

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

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

  • Pender & Coward, P.C.

    Business Bankruptcy Lawyers | Virginia Beach Office

    Business Bankruptcy Lawyers | Virginia Beach Office

  • Troutman Pepper Hamilton Sanders LLP

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

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

  • Kaufman & Canoles, PC

    Business Bankruptcy Lawyers | Newport News Office | Serving Virginia Beach, VA

    Business Bankruptcy Lawyers | Newport News Office | Serving Virginia Beach, VA

  • Winchester, Pedigo, & Power, PLC

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

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

Virginia Beach Business Bankruptcy Information

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Lead Counsel Verified Attorneys In Virginia Beach

Lead Counsel independently verifies Business Bankruptcy attorneys in Virginia Beach by conferring with Virginia 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.

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.

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.

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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