When a business files for bankruptcy, it may, under most circumstances, either file for Chapter 7 or Chapter 11 bankruptcy in Cobb County, Georgia.
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 Cobb County, Georgia 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.
Lawyer Referral Service of the Cobb County Bar Association - The Cobb County Bar Association established a Lawyer Referral Service to help individuals and businesses find a qualified attorney in Marietta and the surrounding areas of Cobb County, GA. The service is located on the second floor of the Cobb County Superior Courthouse in Marietta, GA. It charges a non-refundable $35 consultation fee. In exchange for paying the fee, you are entitled to a 30 minute consultation with the attorney at no additional charge. The attorneys that participate in the Lawyer Referral Service are pre-screened for their experience in a particular practice area, good standing with the Georgia State Bar, and a variety of other factors.