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IllinoisBusiness Bankruptcy Lawyers in Lake County, Illinois

When a business files for bankruptcy, it may, under most circumstances, either file for Chapter 7 or Chapter 11 bankruptcy in Lake County, Illinois.

For most publicly-held companies, filing for Chapter 11 bankruptcy is better because it is a way to rehabilitate the business.

Under a Chapter 7 bankruptcy, all of the assets are liquidated and the business is generally dissolved at the end. Most businesses, therefore, prefer to file for Chapter 11 bankruptcy, in which a trustee is appointed to reorganize the company's finances.

The business may then "emerge" from bankruptcy. Contact a business bankruptcy attorney in Lake County, Illinois for legal advice.

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David P Leibowitz

David P Leibowitz
Law Offices of David P. Leibowitz LLC
420 W. Clayton Street
Waukegan, IL 60085
David P Leibowitz is a Business Bankruptcy and Consumer Bankruptcy lawyer who attended Loyola Law School - Loyola Marymount University... read more >

Diane Brazen Gordon

Diane Brazen Gordon
Diane Brazen Gordon, Attorney at Law
175 Olde Half Day Road #140-4
Lincolnshire, IL 60069
Licensed for 32 years, Diane Brazen Gordon is a Bankruptcy lawyer... read more >

Stephen S Newland

Stephen S Newland
Newland & Newland, LLP
16 N. West St.
Waukegan, IL 60085
Licensed for 30 years, Stephen S Newland is a Bankruptcy lawyer... read more >

Rick Lee Rogers

Rick Lee Rogers
The Rogers Law Group, NFP
2275 Half Day Road
Bannockburn, IL 60015
Licensed for 35 years, Rick Lee Rogers is a Consumer Law and Bankruptcy lawyer... read more >

Kenneth S Borcia

Kenneth S Borcia
Kenneth S. Borcia
P.O. Box 447
Libertyville, IL 60048
Licensed for 41 years, Kenneth S Borcia is a Bankruptcy lawyer... read more >

Joel Stewart Hymen

Joel Stewart Hymen
Hymen & Blair PC
1411 McHenry Road Suite 125
Buffalo Grove, IL 60089
Licensed for 41 years, Joel Stewart Hymen is a Bankruptcy lawyer... read more >
Showing attorneys 1–6 out of 6

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Business Bankruptcy Specialty Areas

Business Bankruptcy Law Certification

Board Certification in Business Bankruptcy Law - The American Board of Certification (ABC) is accredited by the ABA to certify attorneys as specialists in business bankruptcy law.

Nonprofit Legal Associations

National Association of Consumer Bankruptcy Attorneys

NACBA serves the needs of consumer bankruptcy attorneys and works to protect the rights of consumer debtors.

About Lake County

Find Attorneys in Lake County, IL

Lawyer Referral Service in Lake County, IL - The Lake County Bar Association in Waukegan, IL, maintains an online Lawyer Referral Services that helps individuals and businesses find a qualified attorney throughout Lake County, Illinois. The service also benefits the members of the Lake County Bar Association by providing them with another potential referral source. Attorneys are screened for their good standing with the Illinois State Bar and experience in a particular practice area. The attorneys must also maintained malpractice insurance. The attorneys serve on different panels based on their area of concentration.

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