If you are reading this, then I want to start by offering some sympathy. No socially well-adjusted person ever WANTS to hire a lawyer, so chances are that you NEED some help. This means that you are already stressed out. You can't wait to spend thousands of dollars for something you can't touch, which makes your stomach turn and which is best forgotten as quickly as possible. Your lawyer, no matter how kind or thoughtful, just reminds you of what may be your worst nightmare.
PICKING A LAWYER (What you Really Need to Know)
Before pursuing bankruptcy, consider these questions
In challenging economic times, many individuals and businesses are considering their full range of financial options. One of those options may be bankruptcy. However, before pursuing that route in earnest, you may want to consider some key questions. This will help you make an informed decision.
The basics of Chapter 11 bankruptcy
When confronted with financial challenges, many distressed businesses consider filing for Chapter 11 bankruptcy. It can be a way for businesses to reorganize their debts, then reemerge as a viable entity and successfully operate again with financial issues resolved. Of course, those who are considering taking this path should know some basic information about it.
