Get Your Free Bankruptcy Evaluation
It is not uncommon in Iowa for a small business, whether incorporated or not, to face financial difficulties that necessitate considering a bankruptcy option. A personal Chapter 7 bankruptcy will allow you to discharge your personal obligation for any business-related debt to a bank or vendor, or personal debts, like credit cards, that were used for business purposes. It is very common for the debtor to file small business bankruptcy to be able to continue to operate and run the business even after filing bankruptcy and discharging these debts. Also, if the majority of your debts are small business debts, you may be able to file a Chapter 7 bankruptcy even if your income is higher than otherwise allowed by the income guidelines and "means test". Any Chapter 7 bankruptcy that involves a small business definitely requires an experienced Iowa or Des Moines bankruptcy attorney to properly analyze and handle a small business bankruptcy case.
Is Bankruptcy the best option for your small business? Give us a call to find out!
Check our Testimonials to see what our satisfied past clients have had to say about working with us!
We are a debt relief agency. We can help you file for Chapter 7 and Chapter 13 relief under the Bankruptcy Code.
The legal information provided for on this website is intended to be general in nature. The facts and circumstances of each person's bankruptcy can have a bearing on the information on this site. You should not rely completely upon this information, without first contacting an attorney who is experienced in the area of bankruptcy law.
