Business Bankruptcy Lawyers in Windham County, ConnecticutWhen a business files for bankruptcy, it may, under most circumstances, either file for Chapter 7 or Chapter 11 bankruptcy in Windham County, Connecticut.
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 Windham County, Connecticut 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.
Hartford County Bar Association Lawyer Referral Service - The Lawyer Referral Service is sponsored by the Hartford County Bar Association. This community based non-profit service helps individuals and businesses find an attorney in Windham County including Putnam, Willimantic, and Danielson, CT. The lawyer referral service charges a $25 processing fee for the referral. The $25 fee is waived for workers' compensation, personal injury, and social security disability cases. The attorney who participate in the service are pre-screened for their experience and good standing with the Connecticut State Bar.
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