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BUSINESS BANKRUPTCY

 

chapter 7 bankruptcy in illinois   Chapter 7 Bankruptcy
If you want to close your businessChapter 7 bankruptcy could be right for you.
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chapter 13 personal bankruptcy illinois   Chapter 11 Bankruptcy
Reorganize your business and stay in business with a Chapter 11 bankruptcy.
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bankruptcy alternatives   Bankruptcy Alternatives
Use an Assignment for the benefit of creditors when a business entity faces the need to liquidate its assets and go out of business.
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BUSINESS BANKRUPTCY

Chapter 7

If you want to close your business in an orderly fashion Chapter 7 could be right for you.

Under Chapter 7, the corporation stops all operations and goes completely out of business. A trustee is appointed to liquidate (sell) any of the company's assets and any money received is ued to pay the corporation's debts.




 
We have the knowledge and resources to handle any bankruptcy matter from a simple Chapter 7 to a complex Chapter 11 or workout.

 

 

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