Top Plainfield Chapter 7 Business Bankruptcy Lawyers Near You

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Billbusters, Ledford, Wu & Borges, LLC

Chapter 7 Business Bankruptcy Lawyer | Serving Plainfield, IL

Free Consultation

Se Habla Español

312-853-0200

No Money Down, Same Day Filings. 6 Office Locations to Serve You. Call Today!

Billbusters, Ledford, Wu & Borges, LLC was founded with the goal of providing a serious solution to consumers and small business owners who can no longer manage the burden of their debt. All of our attorneys are very experienced and dedicated to protecting consumer rights. They have all focused their careers exclusively on the practice of bankruptcy law. Only three …

Chapter 7 Business Bankruptcy Lawyers in Plainfield

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Plainfield Chapter 7 Business Bankruptcy Information

Are You Considering Chapter 7 Business Bankruptcy

If your business is in serious debt and your creditors and bill collectors are harassing you, but you can't pay back your business debts, then chapter 7 business bankruptcy may be an option for you. Chapter 7 business bankruptcy is a way for a business to liquidate assets to then pay creditor.

Benefits of Hiring a Chapter 7 Business Bankruptcy Attorney

As business owners, it's best to leave your debt concerns and financial problems to the experts. There are too many Bankruptcy laws, rules and procedures to deal with. Calling a a Plainfield chapter 7 business bankruptcy lawyer will help you understand the pros and cons of this type of bankruptcy.

What sort of issues can I seek legal help with?

Specialized legal help is available for most legal issues. Each case is unique; seeking legal help is a smart first step toward understanding your legal situation and seeking the best path toward resolution for your case. An experienced lawyer understands the local laws surrounding your case and what your best legal options might be. More importantly, there are certain situations and circumstances - such as being charged with a crime - where you should always seek experienced legal help.

How to Prepare for Your Initial Consultation

Prepare for your consultation by writing down notes of your understanding of the case, jot down questions and concerns for the attorney, and gather your documents. Remember that you are trying to get a sense of whether the attorney has your trust and can help you address your legal issues. Questions should include how the attorney intends to resolve your issue, how many years he/she has been practicing law and specifically practicing in your area, as well as how many cases similar to yours the attorney has handled. It can also be helpful to broach the subject of fees so that you understand the likely cost and structure of your representation by a specific attorney and/or legal team.

How will an attorney charge me?

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:

  • Bill by the hour
  • Contingent fee agreement
  • Flat fee agreement

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.

Common legal terms explained

Plaintiff - a person or party who brings a lawsuit against another person(s) or party/parties in a court of law. Private persons or parties can only file suit in civil court.

Judgment - A decision of the court. Also known as a decree or order. Judgments handed down by the court are usually binding on the parties before the court.

Lead Counsel Rated Attorneys

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.