Top Bessemer, AL Chapter 7 Business Bankruptcy Lawyers Near You
Chapter 7 Business Bankruptcy Lawyers | Serving Bessemer, AL
1500 Urban Center Drive, Suite 450, Birmingham, AL 35242
600 University Park Place, Suite 100, Birmingham, AL 35209
420 North 20th Street, Suite 3400, Birmingham, AL 35203
300 Richard Arrington Jr. Blvd. N, Suite 503, Birmingham, AL 35203
2311 Highland Avenue South, Suite 500, Birmingham, AL 35205
2001 Park Place, Suite 1300, Birmingham, AL 35203
2100 SouthBridge Parkway, Suite 650, Birmingham, AL 35209
2100 Southbridge Pkwy, Suite 660, Birmingham, AL 35209
Chapter 7 Business Bankruptcy Lawyers | Serving Bessemer, AL
100 Corporate Pkwy, One Lake Level, Birmingham, AL 35242
2001 Park Place North, Suite 870, Birmingham, AL 35203
Two North Twentieth Street, Suite 1310, Birmingham, AL 35203
420 North 20th Street, Suite 2200, Birmingham, AL 35203
3590-B Pelham Pkwy, Suite 254, Pelham, AL 35124
300 Office Park Drive, Suite 175, Birmingham, AL 35223
1901 6th Avenue North, Suite 1700, Birmingham, AL 35203
505 20th Street North, Suite 800, Birmingham, AL 35203
2001 Park Place North, Suite 700, Birmingham, AL 35203
420 20th Street North, Suite 1100, Birmingham, AL 35203
2323 2nd Ave N, Birmingham, AL 35203
505 20th Street N, Suite 1450, Birmingham, AL 35203-4635
1804 7th Ave N, Suite E, Birmingham, AL 35203
Chapter 7 Business Bankruptcy Lawyers | Serving Bessemer, AL
1901 6th Ave North, Suite 2600, Birmingham, AL 35203
1901 6th Ave. N, Suite 1400, Birmingham, AL 35203-2623
2100 Southbridge Pkwy, Suite 650, Birmingham, AL 35209
1130 22nd Street, South, Suite 3000, Birmingham, AL 35205
Bessemer Chapter 7 Business Bankruptcy Information
Lead Counsel Verified Attorneys in Bessemer
Lead Counsel independently verifies Chapter 7 Business Bankruptcy attorneys in Bessemer and checks their standing with Alabama 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 Bankruptcy?
Bankruptcy is a legal process that allows people to get out from under debts that are causing serious financial harm. Through the bankruptcy process, you may be able to get rid of debts like medical bills, credit card bills, and other unsecured debts. Factors such as your income and whether you have assets that you can sell to pay off some of the debts are taken into account when filing for bankruptcy and will determine what happens.
What Happens When I File for Bankruptcy?
When you file for bankruptcy, you will be under a federal bankruptcy court’s supervision and protection. During this time, you, your lawyer, the court, and your creditors will work on a plan for discharging your eligible debts. Collectors will also be unable to repossess property and garnish your wages or bank accounts during this time.
How Much Does It Cost To File for Bankruptcy?
There is no easy answer to this question. The ultimate cost will be a mix of court filing fees and what you owe your attorney for guiding you through the process. What you owe will depend on how complicated your case is and whether there are any prolonged disputes with creditors. Most likely, however, the debt relief that comes with bankruptcy will outweigh any fees.
How Long Does Bankruptcy Stay on Your Credit Report?
A Chapter 7 bankruptcy filing will stay on your credit report for up to 10 years, while a Chapter 13 will remain for up to seven years. A bankruptcy filing will also harm your credit score. However, if you need to file for bankruptcy, it’s likely your score is not that high anyway, and your bankruptcy will give you a chance at a fresh start and time to rebuild your credit score.