A Indianapolis Business Bankruptcy can be a great option if your business is unable to meet its financial obligations and is looking to either restructure debt obligations or liquidate assets. Depending on your company's current financial position, one or both strategies may be an option.
Business Bankruptcy Options
Provided the bankruptcy is not involuntary, your Business Bankruptcy Attorney may recommend either a Chapter 11 ("reorganization"), or chapter 7 ("liquidation") bankruptcy to deal with your company's financial issues.
A Chapter 11 allows a business to reorganize debts and pay off creditor's over a period of time up to five years. A Chapter 7 liquidation forces the company to literally liquidate all assets, pay off creditors, and ultimately, stop operating. This is typically the least desirable option that your Business Bankruptcy Attorney will try to help you avoid.
Searching for an Indianapolis, IN Business Bankruptcy Lawyer?
Finding the perfect Indianapolis Business Bankruptcy Lawyer is easy using the LawInfo Lawyer Directory. Our directory lists experienced and ethical professionals to help you through your legal issues.
Please note, when searching for a Indianapolis Business Bankruptcy law firm do not limit your search to just your surrounding area. Business Bankruptcy falls under a type of federal case that attorneys across the country can handle. This means if you expand your search to surrounding areas you'll significantly increase your options. Consider speaking with Business Bankruptcy Lawyers in Beech Grove, Carmel, Greenwood, Zionsville, or even Plainfield
If you expand your search for Indianapolis representation by 50 miles you will find 6 additional Business Bankruptcy Lawyers and law firms. Expanding your search by 100 miles results in an additional 14 options. 150 miles from Indianapolis nets you an additional 19 options.
Lead Counsel Rated Attorneys
LawInfo strives to connect you with the best possible legal representation. One additional verification measure toward helping you identify an attorney that is worthy of your trust and confidence is the Lead Counsel verification badge seen throughout the LawInfo directory and within individual attorney profiles. The Lead Counsel verification rating indicates that an attorney has:
Significant Professional Experience
Verified Peer Recommendations
A Clean Disciplinary Record
Lead Counsel's objective process independently verifies attorney records, conferring with state bars across the country and conducting annual reviews to confirm that the attorney practices in the legal categories as indicated, possesses a valid bar license, and is eligible to practice in the specific jurisdiction.
Find Specific Indianapolis Business Bankruptcy Lawyers
The information on this page is meant to provide a general overview of the law. The laws in your state and/or city may deviate significantly from those described here. If you have specific questions related to your situation you should speak with a local attorney.