When a business files for bankruptcy, it may, under most circumstances, either file for Chapter 7 or Chapter 11 bankruptcy in Fulton 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 Fulton 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 and Information Service of the Atlanta Bar Association - Since 1960, the Atlanta Bar Association has sponsored a Lawyer Referral and Information Service (LRIS). For more than 50 years, the LRIS has helped the public find a qualified attorney throughout Fulton County and the greater metropolitan Atlanta area. The referral requires a $35 consultation fee that entitles the individual to a 30 minute consultation with the attorney at no additional charge. The Atlanta Bar Association LRIS is recognized by the American Bar Association for meeting its high standards.