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IowaBusiness Bankruptcy Lawyers in Boone County, Iowa

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

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 Boone County, Iowa for legal advice.

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Judd N Kruse

Judd N Kruse
Kruse & Dakin, Llp
712 Arden Street
Boone, IA 50036
Licensed for 36 years, Judd N Kruse is a Bankruptcy lawyer... read more >
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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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