Business Bankruptcy
Small Business Bankruptcy Attorneys - Northern Illinois
Just as individuals have a right to file for bankruptcy; businesses have a right to receive financial relief through bankruptcy as well. If you are a small business owner in Illinois and need to speak with a knowledgeable bankruptcy attorney, contact Illini Legal Services, formerly The Law Offices of C. David Ward.
Attorney C. David Ward and Brian J. Russell have been handling bankruptcies for many years. Our firm handles Chapter 11 and Chapter 7 bankruptcy filings on behalf of local business owners.
Chapter 7 vs. Chapter 11
Although a sole proprietor may receive a discharge of his or her business debts through a Chapter 7 bankruptcy it does not allow a partnership or corporation from doing the same. Therefore, most business owners that want to continue to operate their business may utilize a variety of bankruptcy chapters which could include a small business Chapter 11.
Through a Chapter 11 bankruptcy, sometimes called a business reorganization, business owners can gain additional time to pay back debts and may discharge some of their debts as well. Visit our page on Chapter 11 Small Business bankruptcy to learn more.
Get the Personal Service You Need
If your business is having financial trouble, you want an attorney who will take the time to answer your questions, advise you on what type of bankruptcy is right for you and work diligently to seek the most positive result that is possible in your case.
At Illini Legal Services, formerly The Law Offices of C. David Ward, we have helped many small business owners find solutions to difficult financial challenges. Our attorneys work closely with each client to provide personalized legal service and create a plan that is tailored to meet your individual needs.
Contact Us
If you need to speak with an Illinois lawyer about small business bankruptcy, contact Illini Legal Services at 630-618-2906, or contact us by e-mail. We have law offices in Aurora, Oswego and West Chicago.
Illini Legal Services is engaged in the private practice of law and is not a public legal aid agency. We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
