Business Bankruptcy Lawyers in Kitsap County, WashingtonWhen a business files for bankruptcy, it may, under most circumstances, either file for Chapter 7 or Chapter 11 bankruptcy in Kitsap 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 Kitsap County, Washington 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.
Attorney Referral Service of the Kitsap Legal Services - Kitsap Legal Service operates a non-profit Attorney Referral Service to help individuals and businesses find a local attorney in Port Orchard or Bremerton, WA, or the surrounding areas of Kitsap County, WA. The KLS Attorney Referral Service makes the referral to local private attorneys practicing law in Kitsap County. The service charges a $50 fee for the referral which entitles the person to a 30 minute consultation with the attorney at no additional charge.
Favorites