Home> Find a Lawyer> Virginia> Smyth County >Business Bankruptcy

VirginiaBusiness Bankruptcy Lawyers in Smyth County, Virginia

When a business files for bankruptcy, it may, under most circumstances, either file for Chapter 7 or Chapter 11 bankruptcy in Smyth County, Virginia.

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 Smyth County, Virginia for legal advice.

Learn More

We didn't find any attorneys.

Please try your search again using different search criteria.

Search Other Practice Areas

Search Cities Near Smyth County

Business Bankruptcy Specialty Areas

Business Bankruptcy Law Certification

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.


Nonprofit Legal Associations

National Association of Consumer Bankruptcy Attorneys

NACBA serves the needs of consumer bankruptcy attorneys and works to protect the rights of consumer debtors.


Toggle comparison tool
Remove {attorney_name} from compare list
Remove {attorney_name} from favorite list
Loading...
Saving...