Business Bankruptcy Lawyers in Tulsa, OklahomaWhen a business files for bankruptcy, it may, under most circumstances, either file for Chapter 7 or Chapter 11 bankruptcy in Oklahoma.
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 Oklahoma 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 Tulsa, Oklahoma - The Tulsa County Bar Association (TCBA) in Tulsa, Oklahoma, sponsors a Lawyer Referral Service (LRS) that helps individuals and businesses find an attorney throughout Tulsa County and thirteen other counties in northeast Oklahoma. In exchange for a $25.00 processing fee, the public service will refer you to two attorney who have agreed to provide you with a 30 minute consultation at no additional charge. During the consultation, you can discuss your case with one or both of the private attorneys. You can also discuss the attorney fees needed for additional representation.
Favorites