It is important that prior to filing for bankruptcy you consult with a skilled chapter 11 bankruptcy attorney who can help decide what type of bankruptcy is right for you. Furthermore, A Queens bankruptcy attorney can walk you through the process of filing chapter 11 bankruptcy.
During a chapter 11 bankruptcy, otherwise known as a "reorganization" bankruptcy, a debtor remains in control of its operations and is subject to the oversight and jurisdiction of the court. Chapter 11 allows the debtor to acquire new financing on favorable terms by giving new lenders first priority. Chapter 11 bankruptcy also allows debtors to be protected from litigation by putting it on hold. For more information on what happens during a chapter 11 bankruptcy and how bankruptcy can help you, contact a chapter 11 bankruptcy attorney today.
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.
Prepare for your consultation by writing down notes of your understanding of the case, jot down questions and concerns for the attorney, and gather your documents. Remember that you are trying to get a sense of whether the attorney has your trust and can help you address your legal issues. Questions should include how the attorney intends to resolve your issue, how many years he/she has been practicing law and specifically practicing in your area, as well as how many cases similar to yours the attorney has handled. It can also be helpful to broach the subject of fees so that you understand the likely cost and structure of your representation by a specific attorney and/or legal team.
Experience. Regardless of the type of legal matter you need help with, an experienced attorney will usually be able to get you better results.
Competence. Determine an attorney's expertise by asking about their track record for the issue you need help with resolving.
Fit. There are plenty of good attorneys out there; make sure you find one you are comfortable working with.