Business Bankruptcy Lawyers in El Paso County, TexasWhen a business files for bankruptcy, it may, under most circumstances, either file for Chapter 7 or Chapter 11 bankruptcy in El Paso County, Texas.
For most publicly-held companies, filing for Chapter 11 bankruptcy is better because it is a way to rehabilitate the business.
Under a Chapter 7 bankruptcy, all of the assets are liquidated and the business is generally dissolved at the end. Most businesses, therefore, prefer to file for Chapter 11 bankruptcy, in which a trustee is appointed to reorganize the company's finances.
The business may then "emerge" from bankruptcy. Contact a business bankruptcy attorney in El Paso County, Texas for legal advice.
Board Certification in Business Bankruptcy Law - The American Board of Certification (ABC) is accredited by the ABA to certify attorneys as specialists in business bankruptcy law.
NACBA serves the needs of consumer bankruptcy attorneys and works to protect the rights of consumer debtors.
El Paso Bar Lawyer Referral Service - The Lawyer Referral and Information Service (LRIS) was established by the El Paso Bar Association. For a $20 consultation fee, this community based non-profit service helps the public find a local and qualified attorney. After the service refers you to a local attorney, that attorney will provide you with a 30 minute consultation at no additional charge to discuss your case.
Favorites