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LouisianaBusiness Bankruptcy Lawyers in Lake Charles, Louisiana

When a business files for bankruptcy, it may, under most circumstances, either file for Chapter 7 or Chapter 11 bankruptcy in Louisiana.

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 Louisiana for legal advice.

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David J Williams

David J Williams
827 Pujo St
Lake Charles, LA 70601-4356
Licensed for 45 years, David J Williams is a Bankruptcy lawyer... read more >

David Jefferson Williams

David Jefferson Williams
P.O. Box 1684
Lake Charles, LA 70602
Licensed for 45 years, David Jefferson Williams is a Bankruptcy lawyer... read more >
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Business Bankruptcy Specialty Areas

Business Bankruptcy Law Certification

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.


Nonprofit Legal Associations

National Association of Consumer Bankruptcy Attorneys

NACBA serves the needs of consumer bankruptcy attorneys and works to protect the rights of consumer debtors.


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