Business Bankruptcy Lawyers in Harris County, TexasWhen a business files for bankruptcy, it may, under most circumstances, either file for Chapter 7 or Chapter 11 bankruptcy in Harris 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 Harris 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.
Houston Lawyer Referral Service - The HLRS is a non-profit service established in 1958 by the Houston Bar Association and nine other local bar associations. More than 200 local attorneys participate in the community based service that helps individuals and businesses find an attorney in the greater Houston Metropolitan area including Harris County, Montgomery County, Fort Bend County, Brazoria County and Galveston County.
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