Business Bankruptcy Lawyer | Serving Sacramento, CA
Your Bankruptcy Needs are Important. Call Today for Help.
At the Liviakis Law Firm, our attorneys offer debt relief and bankruptcy services for individuals, families and business owners who are facing staggering and complex debt problems and want to keep their family home and other assets. We believe that starting over isn’t enough. The idea of just starting over from debt is what leads many people to travel down the same …
Business Bankruptcy Lawyer | Sacramento, CA
Ready to Help You Establish a Creative Plan to Get You Out of the Financial Struggle You Are Facing.
One of the hardest decisions an individual faces when they are struggling financially is to ask for help. Sacramento Bankruptcy Attorney Pauldeep Bains is here to make that step, and each step along the way, as easy and stress-free as possible. Whether you are drowning in credit card debt or are facing a home foreclosure, Mr. Bains is ready to evaluate your finances with …
A Sacramento 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.
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.
An attorney can often resolve your particular legal issue faster and better than trying to do it alone. A lawyer can help you navigate the legal system, while avoiding costly mistakes or procedural errors. You should seek out an attorney whose practice focuses on the area of law most relevant to your issue.
An attorney consultation should provide you with enough information so that you can make an informed decision on whether to proceed with legal help.
A reputable attorney will be very upfront about how he/she will charge you. The three most common fee structures that attorneys use to charge for their services are:
Depending on your specific legal situation, it's possible that only one type of fee structure is available. For instance, criminal defense attorneys almost always bill by the hour. In a flat fee arrangement, an attorney accepts a one-time payment to help you resolve your issue. With a contingent fee agreement, the client pays little to nothing upfront and the attorney receives a percentage of the money recovered if you win your case.
Personal jurisdiction - Requirement that a particular court have authority over a person, in order to bind that person to the judgment of the court, based on minimum contacts. International Shoe Co v. Washington is a landmark Supreme Court case outlining the scope of a state court's reach in personal jurisdiction.
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.