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WashingtonBusiness Bankruptcy Lawyers in Island County, Washington

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

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 Island County, Washington for legal advice.

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Jennifer Brainard

Jennifer Brainard
Brainard Legal
PO Box 2235
Oak Harbor, WA 98277
Licensed for 44 years, Jennifer Brainard is a Bankruptcy lawyer... read more >
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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.


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