Business Bankruptcy Lawyers in Pierce County, WashingtonWhen a business files for bankruptcy, it may, under most circumstances, either file for Chapter 7 or Chapter 11 bankruptcy in Pierce 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 Pierce 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.
Lawyer Referral Service of the Tacoma-Pierce County Bar Association - The Tacoma-Pierce County Bar Association established a Lawyer Referral Service to helps the public and businesses find a local attorney with experience in a particular practice area. The Lawyer Referral Service is a non-profit community based service for individuals and businesses in Tacoma and Pierce County, Washington. The service makes more than 1,300 referrals to local attorneys each year.
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