Business Bankruptcy Lawyers in Hampshire County, MassachusettsWhen a business files for bankruptcy, it may, under most circumstances, either file for Chapter 7 or Chapter 11 bankruptcy in Hampshire 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 Hampshire 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 Hampshire County, MA - The Hampshire County Bar Association (HCBA) sponsors a Lawyer Referral Service (LRS) from its offices in Northampton, Massachusetts. This community based public service helps individuals find a qualified attorney focused on the needed practice area of the law. The service pre-screens the attorneys to make sure they meet certain eligibility requirements.
Favorites