Business Bankruptcy Lawyers in Skamania County, WashingtonWhen a business files for bankruptcy, it may, under most circumstances, either file for Chapter 7 or Chapter 11 bankruptcy in Skamania 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 Skamania County, Washington for legal advice.
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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.
Southwest Washington Lawyer Referral - The Clark County Bar Association sponsor the Southwest Washington Lawyer Referral Service ("LRS"). The service helps individuals and businesses find a qualified attorney throughout Stevenson and the Carson River Valley in Skamania County, Washington. The LRS charges a $75 fee that entitles the person to a 30 minute consultation with the attorney at no additional charge.
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