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IllinoisBusiness Bankruptcy Lawyers in Peoria County, Illinois

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

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Thomas Howard

Thomas Howard
Collateral Base / Cannabis Industry Lawyer
The Maxam Building 316 SW Washington St. Sui
Peoria, IL 61602
Licensed for 12 years, Thomas Howard is a Marijuana Law and Real Estate Law lawyer who attended Marquette Law School... read more >

Casey C. Kepple

Casey C. Kepple
Kepple Law Group, L.L.C
2426 West Cornerstone Court, 209
Peoria, IL 61614
Casey C. Kepple is a Real Estate Law and Business Law lawyer... read more >

Sumner Alexander Bourne

Sumner Alexander Bourne
Rafool & Bourne P.C.
411 Hamilton Suite 1600
Peoria, IL 61602
Licensed for 27 years, Sumner Alexander Bourne is a Bankruptcy lawyer who attended Boston University School of Law... read more >

Wilmer Edgar Weer Jr

Wilmer Edgar Weer Jr
Smith & Weer, PC
2000 W. Pioneer Parkway Suite 10A
Peoria, IL 61615
Licensed for 40 years, Wilmer Edgar Weer Jr is a Bankruptcy lawyer... read more >

Misty Linn Wilson

Misty Linn Wilson
Harry M. Williams & Associates
414 Hamilton Blvd. Suite 100
Peoria, IL 61606
Licensed for 16 years, Misty Linn Wilson is a Bankruptcy lawyer... read more >

Spencer Lee Daniels

Spencer Lee Daniels
Spencer Lee Daniels
411 Hamilton Blvd Suite 1304
Peoria, IL 61602
Spencer Lee Daniels is a Criminal Defense and Bankruptcy lawyer... read more >

Charles Edwin Covey

Charles Edwin Covey
416 Main Street Suite 700
Peoria, IL 61602
Licensed for 43 years, Charles Edwin Covey is a Bankruptcy lawyer... read more >

Royce Aaron Hood

Royce Aaron Hood
RHoodLaw.com
1311 E Seiberling Ave
Peoria Heights, IL 61616
Licensed for 6 years, Royce Aaron Hood is a Personal Injury and Contracts lawyer who attended Ave Maria School of Law... read more >
Showing attorneys 1–8 out of 8

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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 Peoria County

Find Attorneys in Peoria, IL

Lawyer Referral Service in Peoria, IL - The Peoria County Bar Association sponsors a lawyer referral service that helps individuals and businesses find private attorneys practicing in Peoria County or Tazewell County, IL. The attorneys that participate in the service agree to charge a nominal referral fee in exchange for a 30 minute consultation with the client. You can complete the online form or call the service at 309-674-1224 for the referral.



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