Wisconsin Small Business Bankruptcy Attorneys
When facing the prospect of financial insolvency and bankruptcy, many business owners lose hope. They think that all they have worked so hard for will be taken away. But it is possible for a business owner to protect his or her assets while keeping the business in operation. Even owners of businesses who need to be closed need legal advice. You need to make sure to comply with all applicable laws. We have helped many business owners do just that.
If You Want to Stay in Business, You Have Options
Small business owners need to know that a Chapter 11 bankruptcy is not their only option. Many business owners are eligible for a Chapter 13 or Chapter 7 bankruptcy proceeding, which are far less costly than Chapter 11. We can also represent you in a Chapter 11, if you have no other options.
At the Law Offices of James W. McNeilly, Jr. LLC, we help small business owners protect their assets and obtain debt relief through Chapter 13, Chapter 7 and Chapter 11 bankruptcy filings. Our attorneys are highly experienced in the field of bankruptcy and understand how to take advantages of the laws which benefit our clients.
Our firm has represented many business owners in bankruptcy proceedings, and we can help you select the debt relief option which is best for you.
We Help Business Owners Keep Their Assets
The decision of whether to seek protection under Chapter 13 or Chapter 7 is critical. A Chapter 7 typically provides the most debt relief and, whenever it makes sense, we try to get our clients into Chapter 7. In spite of laws that make it difficult to do so, there are ways for a business owner with significant assets to qualify for Chapter 7. Our attorneys understand how use the law to our clients' advantage.
In other cases, a Chapter 13 small business bankruptcy filing with debt reorganization is the best option. If neither Chapter 7 nor Chapter 13 will work, we can assist you with a Chapter 11 bankruptcy proceeding.
At the Law Offices of James W. McNeilly, Jr. LLC, we will help you obtain debt relief while protecting as many assets as possible.
If You Need to Sell or Close the Business, We Can Help
If you are a small business owner whose business simply cannot continue, you need to be aware of the complications that can arise when winding down a business and get you into trouble. If the business is viable and needs to be sold to shed debt, we can help you accomplish that through a bankruptcy or, another option — a Chapter 128 insolvency proceeding. Chapter 128s are filed in State court rather than Federal court. Liquidation under Chapter 128 is quicker and less costly than a Federal bankruptcy, and in some cases you can keep the business going and your workers employed during the sale process.
If your business is no longer viable and you need to close it down, you need to be aware of the legal and practical complications that can arise when winding down a business. We can assist you with avoiding those problems during that process.
Our firm helps small business owners obtain debt relief through the bankruptcy process.
Contact a Small Business Bankruptcy Lawyer Today
For a free initial consultation with one of our attorneys about a small business bankruptcy, call 608.782.4262 in the La Crosse area, and 262.843.3400 in the Kenosha area, or send us an e-mail.
Our firm serves clients throughout Western and Southeastern Wisconsin.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
Call 608.782.4262 in the La Crosse area, and 262.843.3400 in the Kenosha area, or send us an e-mail for a consultation. We can evaluate your situation and recommend the solution which is right for you.
