What does a commercial bankruptcy lawyers do?
A commercial bankruptcy lawyer is a type of attorney who specializes in providing legal services to businesses and individuals who are facing bankruptcy. These lawyers help their clients by representing them in court, negotiation with creditors, and filing for bankruptcy protection. Most commercial bankruptcy lawyers work on a contingency basis, which means that they only get paid if their clients win their case or reach a settlement with their creditors. Fees can vary depending on the complexity of the case, but most lawyers charge an hourly rate.
If you are considering filing for bankruptcy
...it is important to consult with a commercial bankruptcy lawyer to discuss your options and to ensure that you are taking the right steps to protect your assets. If you decided to file for bankruptcy, a lawyer can help you navigate the process and represent you in court. A lawyer can also help you negotiate with your creditors to try to reach a settlement that is favorable to you. Filing for bankruptcy is a big decision, and it is not something that you should take lightly. If you are considering filing for bankruptcy, it is important to consult with a commercial bankruptcy lawyer to discuss your options and to ensure that you are taking the right steps to protect your assets. A lawyer can help you navigate the bankruptcy process and represent you in court. A lawyer can also help you negotiate with your creditors to try to reach a settlement that is favorable to you.
TOP 10 issues handled by commercial bankruptcy law firms
- Bankruptcy proceedings and litigation: Commercial bankruptcy lawyers represent debtors, creditors, and other interested parties in bankruptcy proceedings, including out-of-court restructurings and workouts, debtor-in-possession financing, and contested matters.
- Business reorganization: Commercial bankruptcy lawyers help businesses develop reorganization plans that maximize the value of the business and its assets, minimize disruption to operations, and provide for the fair treatment of creditors.
- Creditor rights: Commercial bankruptcy lawyers represent creditors in all aspects of bankruptcies and insolvency proceedings, including contested matters, adversary proceedings, and appeals.
- Debtor representation: Commercial bankruptcy lawyers represent debtors in all aspects of bankruptcies and insolvency proceedings, including pre-bankruptcy planning, filing for bankruptcy relief, and post-bankruptcy workouts.
- Financial restructuring: Commercial bankruptcy lawyers help businesses and individuals restructure their debts to improve their financial situation and avoid insolvency.
- Fraudulent transfer litigation: Commercial bankruptcy lawyers represent creditors in litigation involving allegations of fraudulent transfers, preferential payments, and other fraudulent activities.
- Insolvency litigation: Commercial bankruptcy lawyers represent parties in litigation arising out of insolvency proceedings, including breach of fiduciary duty claims, fraudulent conveyance actions, and preference actions.
- Out-of-court workouts: Commercial bankruptcy lawyers help businesses and individuals negotiate and execute out-of-court settlements with their creditors.
- Secured lending: Commercial bankruptcy lawyers represent lenders in all aspects of secured lending transactions, including loan documentation, collateralization, and perfection of security interests.
- Unsecured lending: Commercial bankruptcy lawyers represent lenders in all aspects of unsecured lending transactions, including loan documentation, collateralization, and perfection of security interests.
How much does it cost to hire a commercial bankruptcy attorney?
The cost of hiring a commercial bankruptcy attorney can vary depending on the complexity of the case, but most lawyers charge an hourly rate. If you are considering filing for bankruptcy, it is important to consult with a commercial bankruptcy lawyer to discuss your options and to ensure that you are taking the right steps to protect your assets. A lawyer can help you navigate the bankruptcy process and represent you in court. A lawyer can also help you negotiate with your creditors to try to reach a settlement that is favorable to you.
When to hire a commercial bankruptcy lawyer?
You should consider hiring a commercial bankruptcy lawyer if you are considering filing for bankruptcy, if you have been served with papers in a bankruptcy proceeding, or if you are a creditor in a bankruptcy case. A lawyer can help you understand the bankruptcy process and represent you in court. A lawyer can also help you negotiate with your creditors to try to reach a settlement that is favorable to you.
How do I find a commercial bankruptcy lawyer?
There are many ways to find a commercial bankruptcy lawyer. You can ask friends or family for referrals, search online directories, or contact your local bar association. Once you have compiled a list of potential lawyers, you should schedule consultations with each one to discuss your case. When meeting with a lawyer, be sure to ask about his or her experience handling commercial bankruptcy cases, the lawyer’s fees, and the lawyer’s availability to take your case.
What should I bring to my consultation with a commercial bankruptcy lawyer?
When you meet with a commercial bankruptcy lawyer for a consultation, you should bring any documents that are relevant to your case, such as financial statements, tax returns, and creditors’ lists. You should also be prepared to discuss your financial situation and the reasons why you are considering filing for bankruptcy.
What questions should I ask a commercial bankruptcy lawyer?
When meeting with a commercial bankruptcy lawyer near you, you should ask about the lawyer’s experience handling commercial bankruptcy cases, the lawyer’s fees, and the lawyer’s availability to take your case. You should also ask about the lawyer’s opinion on your chances of success in your case and what options might be available to you outside of bankruptcy.
What are some common mistakes people make when hiring a commercial bankruptcy lawyer?
There are a few common mistakes that people make when hiring a commercial bankruptcy lawyer. First, they fail to thoroughly research their options and choose the first lawyer they consult with. Second, they do not ask enough questions about the lawyer’s experience, fees, and availability. Third, they do not understand the different types of bankruptcy and choose the wrong type for their case. Finally, they fail to prepare for their consultation and do not bring relevant documents or information about their financial situation.
Hiring a commercial bankruptcy lawyer in your area is a big decision. Be sure to do your research and ask plenty of questions to make sure you are choosing the right lawyer for your case.
Julie H. Rome-Banks is Commercial Bankruptcy attorney serving Santa Clara and surrounding cities.
Long-time practicing attorney, he is licensed for 33 years.
You can call this attorney to schedule your free initial consultation and make an appointment at 2775 Park Avenue, Santa Clara, CA.
Rehan Naeem Khawaja is Commercial Bankruptcy attorney serving Jacksonville and surrounding cities.
Long-time practicing attorney, he is licensed for 27 years.
You can call this attorney to schedule your free initial consultation and make an appointment at 817 North Main Street, Jacksonville, FL.
Harris S. Ammerman is Commercial Bankruptcy attorney serving Washington and surrounding cities.
Long-time practicing attorney, he is licensed for 50 years.
You can call this attorney to schedule your free initial consultation and make an appointment at 1115 Massachusetts Avenue, NW, Washington, DC.
Garvan F. McDaniel is Commercial Bankruptcy attorney serving Wilmington and surrounding cities.
Long-time practicing attorney, he is licensed for 21 years.
You can call this attorney to schedule your free initial consultation and make an appointment at Devou Manor (1871), 1311 Delaware Avenue, Wilmington, DE.
Jeffrey Solomon is Commercial Bankruptcy attorney serving Hollywood and surrounding cities.
Long-time practicing attorney, he is licensed for 42 years.
You can call this attorney to schedule your free initial consultation and make an appointment at Emerald Village Professional Plaza, 3864 Sheridan Street, Hollywood, FL.
Evan Paul Schube is Commercial Bankruptcy attorney serving Phoenix and surrounding cities.
This lawyer is licensed for 11 years to practice law in Phoenix.
You can call this attorney to schedule your free initial consultation and make an appointment at Camelback Esplanade II, Seventh Floor, 2525 East Camelback Road, Phoenix, AZ.
Michael M. Wintringer is Commercial Bankruptcy attorney serving San Diego and surrounding cities.
Long-time practicing attorney, he is licensed for 32 years.
You can call this attorney to schedule your free initial consultation and make an appointment at 11682 El Camino Real, Suite 250, San Diego, CA.
Douglas T. Tabachnik is Commercial Bankruptcy attorney serving New York and surrounding cities.
Unfortunately, we do not have sufficient information about his license.
You can call this attorney to schedule your free initial consultation and make an appointment at c/o Novack Burnbaum & Crystal, LLP, 675 3rd Avenue, 8th Floor, New York, NY.
Daniel L. Freeland is Commercial Bankruptcy attorney serving Highland and surrounding cities.
Long-time practicing attorney, he is licensed for 51 years.
You can call this attorney to schedule your free initial consultation and make an appointment at 9105 Indianapolis Blvd., Highland, IN.
