Over the past 10 years, we have helped more than 7,000 individuals, families, and businesses. We know how stressful and burdensome excessive debt can be.
We have developed personalized solutions for your financial problems. We can put you back in control of your finances and get you relief from your debt.
Bankruptcy may be a viable option to relieve or reorganize business debt. This is true whether you are a small business or sole proprietor, LLC, or corporation. It is not always necessary to cease doing business or close the business when you file bankruptcy for debt relief.
The general information provided about personal bankruptcy is applicable to a bankruptcy filing by someone who owns a business. Each client will have a unique situation, problem, and challenge that will require a personalized analysis. We will then determine the bankruptcy options available for you.
Proper application of the rules governing business bankruptcies can be complicated. It is highly recommended that you schedule a free initial consultation. This is so we can review your business financial situation and bankruptcy solutions for the best debt relief and settlement options.
It is not uncommon in Iowa for a small business to face financial difficulties that necessitate considering a bankruptcy option. You may have several questions such as:
Are you personally liable for business debts?
Or, Can business bankruptcy affect personal assets?
Can I keep my business if I file Chapter 7?
What are the different types of business bankruptcies?
Are business bankruptcies public record?
When should I file for Business Bankruptcy?
Can a business file bankruptcy on taxes?
How does business bankruptcy work for partnerships?
Every situation is unique and, as we said, business bankruptcy law can get complicated. Before giving any advice and insights into your options, we need to better understand your situation.
A personal Chapter 7 bankruptcy will allow you to discharge your personal obligation for any business-related debt.
Because we are a small specialized firm your experience will be personal. You will work directly with attorney John Miller to develop a plan that meets your needs. He will personally represent you in all court hearings.
Is Bankruptcy the best option for you? Get a free consult or evalutation and find out!
Request a Free Consultation Get Your Free Bankruptcy Evaluation
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