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IllinoisBusiness Bankruptcy Lawyers in Rock Island County, Illinois

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

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Joel Allister Deutsch

Joel Allister Deutsch
Deutsch & Deutsch
1825 Third Avenue
Rock Island, IL 61201
Licensed for 51 years, Joel Allister Deutsch is a Bankruptcy lawyer... read more >

Michael Arthur Williams

Michael Arthur Williams
Williams & Associates
423 17th St. Suite 103
Rock Island, IL 61201
Licensed for 52 years, Michael Arthur Williams is a Bankruptcy lawyer... read more >

Bruce A Buckrop

Bruce A Buckrop
Buckrop & VanDeVelde
329 18th St #500
Rock Island, IL 61201
Licensed for 47 years, Bruce A Buckrop is a Bankruptcy lawyer... read more >
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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.


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