Business Bankruptcy and Preference Claim Attorneys

The law surrounding secured, unsecured and under-secured claims in business bankruptcy is complicated. Plus, the facts of each case are unique.

With business bankruptcy claims, the specific need for counsel is known in advance and this knowledge is typically available to the public. Consequently, many attorneys will attend meetings of creditors and work to position themselves as the selected counsel.

Typical considerations for selecting proposed counsel include:

  • Experience (typically the most important factor)
  • Competence (also important)
  • Efficiency
  • Cost (typically not discussed)

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