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MinnesotaBusiness Bankruptcy Lawyers in Kandiyohi County, Minnesota

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

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 Kandiyohi County, Minnesota for legal advice.

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Christopher James Frank

Christopher James Frank
Frank Law Office PA
401 5th St SW
Willmar, MN 56201
Licensed for 10 years, Christopher James Frank is a Family Law and Child Welfare Law lawyer who attended Ohio Northern University Pettit Co... 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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