A Business Bankruptcy Attorney Can Help Your Business Avoid Bankruptcy
If you are the owner of a business that is struggling financially, you may be considering filing for bankruptcy protection. However, this can be a complex process that requires expert legal representation from a Business Bankruptcy Attorney in Phoenix Arizona. You may contact them through online at www.phoenixfamilylawyers.net/business-bankruptcy-attorney/.
There are two main types of business bankruptcies — Chapter 7 and Chapter 11. In either type, a business owner can get relief from creditors by liquidating assets or reorganizing debt obligations. Depending on the business’s current financial situation, your business bankruptcy attorney will recommend one or the other strategy for dealing with your business’s debt problems.
The firm of Dodge & Vega PLC in Phoenix has been serving high caliber legal bankruptcy assistance to businesses since 1970. Their experienced corporate bankruptcy attorneys and paralegal professionals are among the best in the state. Their clients are able to trust them with their legal needs and feel confident that the firm’s business lawyers will work hard to ensure they receive the best possible results.
When a business files for bankruptcy, the court automatically places a stay on creditor actions to collect on any unsecured debts. This allows the business to prepare a plan of reorganization, which can include negotiating with creditors and repaying debts over time.
A good Business Bankruptcy Attorney in Phoenix can help a company with all aspects of its bankruptcy case from start to finish, including selecting the right bankruptcy option for the business and negotiating a deal with its creditors. At the same time, they can also help the business obtain tax benefits and other advantages that may not be available if the company did not file for bankruptcy.
The firm has been a part of numerous large and complex bankruptcy cases, including the Penn Central and Braniff bankruptcies and the Enron Corporation bankruptcies. In addition, their lawyers regularly counsel clients in connection with in-court and out-of-court restructurings.
Clients trust Duane Morris to represent their interests as creditors or equity holders in commercial bankruptcy matters. Having participated in hundreds of bankruptcy cases over the last 30 years, their experience enables them to quickly and efficiently distill facts into plans to protect clients’ rights.
Our attorneys focus on reorganization and restructuring transactions, helping clients to structure and implement creative solutions that provide a path to recovery. We have represented companies in a wide range of industries, including manufacturing, healthcare, financial services and technology.
We have extensive experience defending clients against fraudulent claims and other civil liability, and we have helped them obtain judgments in excess of $20 million in court. In addition, our firm has successfully represented companies in a variety of other types of litigation, including insurance, employment and business tort cases.
Choosing the right lawyer to handle your bankruptcy matters is an important decision that should only be made after a thorough evaluation of your unique situation and goals by an experienced attorney. At Lead Counsel, we independently verify the bankruptcy attorneys listed here and check their standing with New York bar associations to ensure that they are qualified to practice in this field of law.