Top Colgate, WI Chapter 11 Bankruptcy Lawyers Near You
13845 Bishops Dr, Ste 300, Brookfield, WI 53005
413 N. 2nd St., Suite 150, Milwaukee, WI 53203
301 West Wisconsin Ave, 5th Floor, Milwaukee, WI 53203
20975 Swenson Drive, Suite 400, Waukesha, WI 53186-4065
111 East Kilbourn Avenue, Suite 1000, Milwaukee, WI 53202
731 North Jackson Street, Suite 900, Milwaukee, WI 53202
777 East Wisconsin Avenue, Suite 2000, Milwaukee, WI 53202
250 E Wisconsin Ave, Suite 800, Milwaukee, WI 53202
740 North Plankinton Avenue, Suite 600, Milwaukee, WI 53203
250 E Wisconsin Ave, #1830, Milwaukee, WI 53202
511 N Broadway, Suite 1100, Milwaukee, WI 53202
18 East Washington Street, Suite A, West Bend, WI 53095
839 North Jefferson Street, Suite 400, Milwaukee, WI 53202-3645
740 N. Plankinton Ave., #210, Milwaukee, WI 53203
740 N. James Lovell St., Milwaukee, WI 53233
Barnabas Business Center, 4650 North Port Washington Road, Milwaukee, WI 53212
735 North Water Street, Milwaukee, WI 53202
777 East Wisconsin Avenue, Milwaukee, WI 53202-5306
833 East Michigan Street, Suite 1800, Milwaukee, WI 53202-5615
2727 N. Grandview Blvd., Suite 207, Waukesha, WI 53188
165 Bishops Way, Suite 100, Brookfield, WI 53005
2600 N Mayfair Rd, Suite 1000, Milwaukee, WI 53226
W175N11163 Stonewood Dr, Suite 224, Germantown, WI 53022
1601 East Racine Avenue, Suite 200, PO Box 558, Waukesha, WI 53187
330 E Kilbourn Avenue, Tower 2, Ste 1085, Milwaukee, WI 53202
Colgate Chapter 11 Bankruptcy Information
Lead Counsel Verified Attorneys in Colgate
Lead Counsel independently verifies Chapter 11 Bankruptcy attorneys in Colgate and checks their standing with Wisconsin 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