Business Bankruptcy Lawyers in Bristol County, MassachusettsWhen a business files for bankruptcy, it may, under most circumstances, either file for Chapter 7 or Chapter 11 bankruptcy in Bristol County, Massachusetts.
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 Bristol County, Massachusetts 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 Bristol County, MA - The Bristol County Bar Association (BCBA) sponsors a Lawyer Referral Service (LRS) from its offices in New Bedford, MA. The LRS helps individuals and businesses find a qualified attorney throughout the county. When you call the service a trained staff person will discuss the case with you during a brief and confidential intake process to determine which type of attorney is needed. You will then receive a referral to a local attorney experienced in that practice area of the law.
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