Today's business climate has caused financial strain for many companies in Washington and Oregon. However, most businesses have several legal options that can help them avoid closing or liquidating their firms. Because this is a complicated area of law, the first step to rescuing a company from the burden of excess debt is to find competent legal representation to determine the best possible solution.

Selecting a legal firm with an exclusive focus on bankruptcy law will avoid costly mistakes and secure both a legal and business advantage for your company. And if you require litigation, you will need an experienced legal defense to protect your business assets. An expert Vancouver, WA bankruptcy lawyer can evaluate your business and financial situation.

The attorneys at the Law Offices of Richard Ross, P.C. are experts in business bankruptcy. The Vancouver, WA firm practices throughout Washington and Oregon and is a premier bankruptcy practice dedicated to debt resolution. We can offer you tailored solutions and sound legal advice, including expertise in all forms of bankruptcy.

Not All Legal Firms are Qualified to Handle Chapter 11 Bankruptcies

One type of bankruptcy - Chapter 11 - allows businesses, usually a corporation or a limited partnership, to reorganize. It provides more options for businesses than other forms of bankruptcy and allows them to stay in business. For example, Chapter 7 bankruptcy normally requires a business to cease operations. Under Chapter 11, a firm is able to propose a plan of reorganization and pay off creditors over time.

This is an option that can save jobs and protect the assets of a business. It may even preserve the overall value of the company. Chapter 11 bankruptcy provides management some leverage with creditors as well. In some cases, filing for Chapter 11 may give the company an advantage in a very competitive market since it will be able to compete with other companies without the burden of debt.

Because Chapter 11 is more complicated than other types of bankruptcies, most attorneys are not qualified to do them. Our firm, however, has successfully handled many Chapter 11 cases and continues to be a leader in the field. During the past 15 years, we have helped over 10,000 clients resolve all forms of debt problems. We also offer competitive rates, free legal consultation with an attorney, and affordable payment plans. Because we are a small firm, you will be able to talk to a lawyer directly without the hassle of a phone tree and will receive personal attention from skilled attorneys.

Contact our expert bankruptcy attorneys in Vancouver, WA at (360) 699-1400 or (503) 246-3861 in Portland to talk with one of our attorneys or to obtain more information.

"We want to thank you very much for all you did for us with our bankruptcy case. We really appreciate all you did. We would highly recommend you."