When a business becomes too financially troubled to continue operating, they may choose to file for bankruptcy. There are two types of bankruptcies that are often used by businesses: Chapter 11 “reorganization” and Chapter 7 “liquidation.”
A business bankruptcy is a voluntary legal proceeding that allows a business to financially reorganize or restructure their debt obligations. This legal relief may help the company avoid insolvency and save their assets from being liquidated by creditors.
If you are considering filing for bankruptcy, you should seek out an experienced Business Bankruptcy Attorney to represent your interests. They will evaluate your situation and advise you of your options. They can also help you determine if bankruptcy is the best solution for your needs.
The best Business Bankruptcy Attorney will have years of experience working with clients who are facing financial challenges. This will allow them to better serve their clients and offer them the best possible outcomes.
An experienced Phoenix bankruptcy attorney will be able to explain the different types of bankruptcy and help you determine which type is best for your circumstances. They can also help you understand the different costs involved in each type of bankruptcy and how to minimize them.
They will also be able to provide you with advice on how to navigate the bankruptcy process and ensure that your rights are protected throughout the entire process. They will help you prepare all necessary paperwork for the court, and will handle all the details associated with completing your bankruptcy case.
Whether you need to file for Chapter 7 bankruptcy, Chapter 13 bankruptcy or some other form of Arizona-specific bankruptcy, the Phoenix-based attorneys at Dodge & Vega PLC in Arizona are ready to assist you. They have been providing high caliber legal services to businesses and individuals since 1970, and are among the most highly-regarded business bankruptcy attorneys in the area.
If you have questions about your options or would like to consult with a qualified Phoenix-area business bankruptcy attorney, contact Dodge & Vega PLC in Arizona for a free consultation. You can reach them by phone, email or online through their website.
They offer legal services related to consumer and business bankruptcy, as well as estate planning, real estate, divorce, family law, tax, criminal defense and general litigation. Their lawyers also provide debt relief options to their clients, such as credit counseling and other alternative debt solutions.
Their attorneys are members of the National Association of Consumer Bankruptcy Attorneys and have been selected by The Best Lawyers in America® since 2010. They regularly file Chapter 7 and Chapter 13 cases, and they have an outstanding track record of successful results for their clients.
They also have extensive experience in commercial and corporate litigation disputes. This includes representing secured and unsecured lenders, trade creditors and landlords in cases involving bankruptcy. They also have a team of litigators who are skilled in bankruptcy and commercial law, which gives them a unique set of skills that enable them to represent their clients effectively in complex multi-party litigation matters.