Business Bankruptcy Lawyers in Suffolk County, MassachusettsWhen a business files for bankruptcy, it may, under most circumstances, either file for Chapter 7 or Chapter 11 bankruptcy in Suffolk 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 Suffolk 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 Boston, MA - For more than 50 years, the Boston Bar Association (BBA) has sponsored a Lawyer Referral Service (LRS). The community based non-profit service helps individuals find a local attorney in Boston, Suffolk County, and the surrounding areas of the Commonwealth of Massachusetts. Hundreds of attorneys participate in the program and serve on one of 300 different practice area panels. In exchange for a $25 consultation fee, you can have a 30 minute consultation with the attorney to discuss the case and the attorney fees needed for additional representation.
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