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DuPage County and Will County Small Business Bankruptcy Attorneys

Bankruptcy for Small Business

Serving clients in Cook, DuPage, Lake, Kane, Kendall and Will Counties from three convenient locations: Lombard – Bloomingdale – Chicago

If you own a small business or are a sole proprietor and your business is having cash-flow problems, we may be able to help.

The bankruptcy attorneys at Steven H. Mevorah & Associates, P.C., take the time to explore your options, both in bankruptcy and outside of bankruptcy. Your options depend on a number of factors, including the nature of the debts, whether you or your business is liable for the debts, and whether the debt is secured or unsecured.

To discuss your situation with an experienced small-business bankruptcy lawyer, call 630-932-9100 for a free, confidential consultation.

What Are Your Options?

As previously stated, your options will depend on the specific facts and circumstances surrounding your situation and your goals, but options may include the following:

  • Filing for a Chapter 7 bankruptcy on behalf of your business. Our bankruptcy attorneys can assess your situation, the nature of your debt, and your goals, and if a Chapter 7 bankruptcy is a viable option and you elect to file, we can help you prepare documentation, attend creditors’ meetings, and receive a discharge, which gives you the protection and full benefits under the bankruptcy code.
  • Non-bankruptcy workouts. Our business-bankruptcy attorneys can help you work out your financial difficulties outside of bankruptcy by negotiating more favorable terms or payoffs for less money directly with your creditors. The strategy we employ depends on a number of factors, including your relationship with your creditors, the nature of the debt, and your goals and resources.
  • Personal options. Our experienced small-business bankruptcy lawyers can help you fully understand your options. With small businesses, owners are often personally on the hook for many of the debts of the business. We will examine your personal liability and present you with your viable options as well as advise you on our recommended course of action based upon our extensive experience.

Contact an Experienced Small-Business Bankruptcy Attorney Today

To discover your personal and business options for debt relief, including non-bankruptcy solutions, please schedule a free, confidential consultation by calling us at 630-932-9100 or, if you prefer, filling out our intake form so that we can contact you to schedule a consultation.

Pursuant to 11 U.S.C. §528, Steven H. Mevorah & Associates, P.C. is considered a debt relief agency. We will proudly help you file for bankruptcy relief under the Bankruptcy Code if we believe it is in your best interest.

Bankruptcy lawyers serving clients in Chicago and surrounding towns, including Bloomingdale, Carol Stream, Clarendon Hills, Darien, Downers Grove, Elmhurst, Glen Ellyn, Glendale Heights, Hinsdale, Itasca, Lisle, Lombard, Naperville, Oak Brook, Villa Park, Wheaton, Willowbrook, Winfield and Woodridge.