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DelawareBusiness Bankruptcy Lawyers in Sussex County, Delaware

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

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 Sussex County, Delaware for legal advice.

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Peter Haskel

Peter Haskel
Bojorquez Law Firm, P.C.
23728 Herring Reach Ct.
Lewes, DE 19958
Licensed for 35 years, Peter Haskel is a Bankruptcy and Business Law lawyer who attended Columbia Law School... read more >

James C Reed

James C Reed
James C. Reed, P.A.
6 Century Plaza Suite 6
Rehoboth Beach, DE 19971
James C Reed is a Bankruptcy lawyer... read more >

Ronald D Smith

Ronald D Smith
100 North Bedford Street
Georgetown, DE 19947
Ronald D Smith is a Bankruptcy lawyer... read more >

Joseph A Mullaney III

Joseph A Mullaney III
1 W Thrush Dr
Milford, DE 19963
Licensed for 22 years, Joseph A Mullaney III is a Consumer Law and 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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