Business Bankruptcy Lawyers in Bexar County, TexasWhen a business files for bankruptcy, it may, under most circumstances, either file for Chapter 7 or Chapter 11 bankruptcy in Bexar County, Texas.
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 Bexar County, Texas 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.
San Antonio Bar Lawyer Referrals - In 1966, the San Antonio Bar Association established a Lawyer Referral Service (LRS). The LRS hotline helps individuals and businesses find a qualified lawyer throughout San Antonio and Bexar County, TX. The attorneys are pre-screened for their experience in a particular practice area.
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