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Chapter 11 Bankruptcy and Insolvency for Businesses

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.

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Office Location:

Lakelaw - Kenosha
6905 South Green Bay Road
Suite 101
Kenosha, WI 53142-1458
Phone: 262.694.7300
Fax: 262.694.7301
Map & Directions

Lakelaw - Milwaukee
740 N. Plankinton Ave.
Suite 210
Milwaukee, WI 53203
Phone: 262.694.7300
Fax: 262.694.7301
Map & Directions

Lakelaw - Chicago
Monadnock Building
53 W. Jackson Boulevard
Suite 1610 - Chicago, Illinois 60604
Phone: 312.360.1501
Fax: 312.360.1502
Map & Directions

Lakelaw - Waukegan
420 W. Clayton Street
Waukegan, Illinois 60085
Phone: 847.249.9100
Fax: 847.249.9180
Map & Directions

Lakelaw - Skokie
4959 Dempster Street, Suite 101
Skokie, IL 60067
Phone: 224.233.1155
Fax: 847.249.9180
Map & Directions

Recognized for Excellence
  • Lexisnexis / Martindale-hubbell / Peer Review Rated For Ethical Standards And Legal Ability (av)
  • American Board Of Certification / David Leibowitz Is The Only Lawyer In Northeast Illinois Or Southeast Wisconsin Certified In Both Business And Consumer Bankruptcy
  • Pro Bono Awards
  • Rated By Super Lawyers David P Leibowitz Visit Superlawyerscom
  • Businessweekcom Names David P Leibowitz Among Top-rated Foreclosure Defense Attorneys In The Us
  • Avvo Top Bankruptcy Lawyers David Leibowitz