Business Bankruptcy Lawyers in Caddo Parish, LouisianaWhen a business files for bankruptcy, it may, under most circumstances, either file for Chapter 7 or Chapter 11 bankruptcy in Caddo Parish, Louisiana.
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 Caddo Parish, Louisiana 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 in Shreveport, LA - The Shreveport Bar Association (SBA) sponsors a Lawyer Referral Service (LRS). The purpose of the service is to help individuals who need to find a local attorney and can afford to pay reasonable attorney fees. To use the service just visit the website for the Shreveport Bar Association and complete the secure online form. In exchange for a $25 consultation fee, you can schedule a 30 minute consultation with the attorney in Shreveport or Caddo Parish. During the consultation, you can discuss the case and the fees needed for additional representation.
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