Kenosha, Wisconsin, Business Bankruptcy Lawyers
Because of our country's current strained economic climate, more and more businesses are facing hard times. At the law offices of Lakelaw, our attorneys advise and represent businesses in bankruptcy filings, receiverships, forbearances, and work outs with banks. If your business is struggling, you may choose to file for Chapter 11 bankruptcy protection in order to avoid the liquidation of your businesses assets and the closing of the business. Our attorneys have represented many clients and businesses in Chapter 11 filings. We can evaluate your current situation and determine if it makes sense to reorganize your business's debt under Chapter 11 in order to stay in business and continue daily business operations. If a Chapter 128 receivership makes more sense for your company, be secure in the knowledge that our attorneys have functioned as receivers and have represented creditors, receivers and businesses in these proceedings. Our office can protect and advise you throughout the process.
If your business is in financial straits or you are facing legal action in the near future, contact business bankruptcy attorneys at the law offices of Lakelaw today to schedule an appointment and discuss the options available to you.
Insolvency and Receivership
If your company enters into a receivership, our attorneys can assist you with a variety of related issues, including:
- Establishment of tail insurance
- Assessment of outstanding debt
- Verification of inventory
- Preparing plans for shareholders
- Assessing obligations for health benefits, retirement plans, and payroll
- Pursuing accounts receivable
- How liquidation impacts business tax issues
Business Bankruptcy under the Terms of Chapter 11
Chapter 11 is intended to allow a business to negotiate the repayment of their debt, save jobs and continue operations. In general, businesses can reduce or even eliminate some debts by filing for Chapter 11.
Contact Business Bankruptcy Attorneys at Lakelaw Today
If your company is facing bankruptcy or insolvency, contact the law office of Lakelaw today to schedule an appointment and learn how we can help you.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
