Top Bountiful, UT Chapter 11 Bankruptcy Lawyers Near You
Helping people achieve a brighter future for over 25 years. Call now to speak directly with attorney Brian Johnson.
60 E S Temple St, Suite 1200, Salt Lake City, UT 84111
Other Nearby Offices
Buchalter has experience helping clients with their Chapter 11 Bankruptcy needs in Bountiful, Utah.
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222 Main Street, 5th Floor, Salt Lake City, UT 84101
299 South Main, Suite 1300, Salt Lake City, UT 84111
2455 East Parleys Way, Suite 320, Salt Lake City, UT 84109
222 S. Main Street, Suite 2200, Salt Lake City, UT 84101
311 South State Street, Suite 280, Salt Lake City, UT 84111
170 South Main Street, Suite 950, Salt Lake City, UT 84101
4590 Harrison Blvd, Suite 200C, Ogden, UT 84403
60 East South Temple, Suite 1000, Salt Lake City, UT 84111
8851 Sandy Pkwy, Suite 200, Sandy, UT 84070
50 East South Temple, Kirton McConkie Bldg., Suite 400, Salt Lake City, UT 84111
101 South 200 East, Suite 700, Salt Lake City, UT 84111
999 East Murray Holladay Rd., Suite 200, Salt Lake City, UT 84117
257 East 200 South, Suite 700, Salt Lake City, UT 84111
201 South Main Street, Suite 1800, Salt Lake City, UT 84111
6000 S Fashion Blvd, Murray, UT 84107
36 South State Street, Suite 1400, Salt Lake City, UT 84111
50 West Broadway, Suite 600, Salt Lake City, UT 84101
95 S State St, Suite 2300, Salt Lake City, UT 84111
201 South Main Street, Suite 2200, Salt Lake City, UT 84111
376 E 400 S, Suite 300, Salt Lake City, UT 84111
3061 W. 8565 S, West Jordan, UT 84088
222 South Main St, Suite 1830, Salt Lake City, UT 84101
10907 State Street, Sandy, UT 84070
10 Exchange Place, 11th Floor, Salt Lake City, UT 84111
Bountiful Chapter 11 Bankruptcy Information
Lead Counsel Verified Attorneys in Bountiful
Lead Counsel independently verifies Chapter 11 Bankruptcy attorneys in Bountiful and checks their standing with Utah 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.
What Is Chapter 11 Bankruptcy?
Chapter 11 bankruptcy reorganizes business debts for companies to help make the business profitable. Chapter 11 allows the business to continue operating during the bankruptcy proceedings. The reorganization plan can include partial repayments to priority creditors, closing some operations, selling assets, and more. Creditors can try to convert the bankruptcy to Chapter 7 if they are unhappy with the reorganization plan.
What Are Some Examples of Situations Where I Might Need a Chapter 11 Bankruptcy Lawyer?
If you run or own a business, whether it is a corporation, partnership, or small business, you should consider talking to a business bankruptcy lawyer if:
- Your business is struggling with staying profitable due to rising debts
- Creditors are threatening to file lawsuits or seize business assets
- You believe there is a path back to profitability for your company
How Can a Lawyer Help Me With Bankruptcy?
An experienced bankruptcy lawyer can give you the knowledge and backing you need to navigate the legal system and find the best possible results for you. Because laws regarding bankruptcy exemptions and the property you can keep vary from state to state, speaking with a lawyer near you with knowledge of Illinois’s laws is critical in understanding your situation and making the best decisions. A bankruptcy lawyer can help with:
- Legal advice and counsel
- Negotiating with creditors
- Filing legal motions and taking care of administrative duties
- Improving your chances of keeping your assets and getting everything settled favorably
What Could Happen if I Don’t Hire a Bankruptcy Lawyer?
Not hiring a bankruptcy lawyer can lead to costly errors and prolonged financial stress. If you don’t hire a bankruptcy lawyer, you might make mistakes in the bankruptcy process. These mistakes could lead to your case being dismissed. Without a lawyer’s guidance, you could miss out on important protections, such as stopping creditor harassment or preventing foreclosure. You might also choose the wrong type of bankruptcy, resulting in more financial trouble. Handling bankruptcy alone increases the risk of losing assets you could have kept and wanted to keep. Additionally, you may struggle to negotiate with creditors without a lawyer. This makes it harder to achieve a manageable debt repayment plan or discharge.
What Questions Should I Ask When Trying To Find a Bankruptcy Lawyer in Chicago?
These questions can help you decide if you feel confident that a lawyer has the qualifications, experience, and ability to manage your case well. Many lawyers offer free consultations that allow you to understand your options and get specific legal advice before hiring them. Top questions include:
- What is your experience in handling bankruptcy cases? Have you managed cases like mine? What was the outcome of these cases?
- Do you have experience resolving issues like this in Illinois?
- What is your approach to handling bankruptcy cases?
- What is your record in negotiating favorable debt repayment plans?
- How do you communicate with clients about the progress of their cases?
- How much input will I have about the case strategy?
- What are your fees and billing structure?
Tips for Hiring a Bankruptcy Lawyer
Finding a lawyer who is right for you and will represent your best interests is an important first step in protecting your rights. Find a lawyer who understands your case, knows your needs and goals, and has the experience to get the best outcome. Things to do:
- Ask for recommendations
- Research lawyers online
- Schedule consultations
- Review experience and expertise
- Talk about billing and fees
- Trust your instincts