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AlabamaBusiness Bankruptcy Lawyers in Marshall County, Alabama

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

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 Marshall County, Alabama for legal advice.

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Stephen D. Long

Stephen D. Long
Law Office of Stephen D. Long
3230 Central Park West Suite 106
Toledo, AL 43617
Licensed for 30 years, Stephen D. Long is a Family Law and Bankruptcy lawyer who attended The University of Toledo, College of Law... read more >

Lisa Milner Hancock

Lisa Milner Hancock
2205 Taylor Street
Guntersville, AL 35976
Licensed for 35 years, Lisa Milner Hancock 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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