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South CarolinaBusiness Bankruptcy Lawyers in Rock Hill, South Carolina

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

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 South Carolina for legal advice.

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Tracy Bomar-Howze

Tracy Bomar-Howze
The Howze Law Firm LLC
223 E Main Street Suite 530
Rock Hill, SC 29730
Licensed for 23 years, Tracy Bomar-Howze is a Family Law and Divorce lawyer who attended Western Michigan University Thomas M. Cooley Law S... 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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