Dallas Business Bankruptcy Lawyer

Business Bankruptcy Lawyer Dallas, TX

Struggling with financial issues is a common ordeal that many people go through, especially business owners, as a business bankruptcy lawyer in Dallas, TX knows. There are many causes for financial issues that impact business, such as a sudden shift in the economy or poor financial management. Whatever the reason, bankruptcy may be the right decision to make to do what’s best for the company. However, before you commit to a decision you should speak with a bankruptcy lawyer like one at Leinart Law Firm who can evaluate your situation. Bankruptcy is a big decision so you want to make sure you are as informed as possible.

Services a Bankruptcy Lawyer Can Provide 

When you entrust your case to a business bankruptcy lawyer you can expect to receive several various legal services. They can assess your situation, evaluate your financial background, and explain to you your legal options so you can consider. When the success of your business is at stake, it is crucial that you have the guidance you need to navigate the situation. Bankruptcy also involves a lot of legal documents and complicated paperwork so they can help you fill them out to make sure that they are as accurate as possible. You may have many questions about business bankruptcy, so a lawyer can answer them all in detail.

Types of Business Bankruptcy

As a skilled business bankruptcy lawyer like one from Leinart Law Firm can elaborate further on, business bankruptcy can be categorized in three types: Chapter 7, Chapter 11, and Chapter 13. If you are a business owner, you need to see which ones you are eligible for. Factors that determine what type of bankruptcy that you can file as a business owner include what type of business you have (such as LLC vs corporation), what debt you owe, and whether you want to continue operating your business. Deciding which one you are qualified for can be overwhelming and confusing, so ask a lawyer about the differences between each one and how you can qualify. 

Why Hire a Bankruptcy Lawyer

It is imperative that you understand your full legal options when your business is in financial jeopardy. A skilled lawyer can illuminate your options so that you can make a decision that aligns with your business’ best interests. They can help explain the complex laws, your rights, and come up with the legal strategies to best resolve your unique crisis. 

Bankruptcy Services Are Available 

When you are running a business and are facing major financial troubles, you need to take necessary actions to save your business. If you are considering filing bankruptcy for your business or feel like that is the path your business could be headed down, meet with an experienced lawyer like one at Leinart Law Firm who has worked with clients who have been in the same situation. They will evaluate your case and help you to understand the best legal options you can take.  Before you decide to file, talk to a lawyer so that you can understand your situation clearly and have the most up-to-date information. Bankruptcy is a complex process, so a lawyer is best equipped to handle it. Schedule a consultation with a reputable and experienced business bankruptcy lawyer now.