In the many commercial bankruptcies that our firm has handled, we have worked with business owners who work hard and are determined to make their business succeed. Many weathered the storm of the Great Recession, hoping to make it to the other side and begin prospering again after lean years.
If you are like many of our business clients, you have also weathered the storm, hoping that when the economy turns around, things will get better. Perhaps you have made additional investments in your enterprise — taken out extra loans, put in more of your own money — but the numbers just never seem to add up. If you face what feels like insurmountable debt and feel that you have run out of options, we encourage you to speak with our experienced bankruptcy attorneys about how to do what is in the best interest of yourself and your company. Bankruptcy is all that we do, and there is nothing more important to us than getting our Illinois clients the financial help they need.
While we are proud of our understanding of bankruptcy law, we especially pride ourselves on our ability to look at each of our client’s businesses and determine what is in its best long-term interests. Call 708-937-1264 for a free consultation. With offices in La Grange and Joliet, we serve business clients throughout Cook County and Will County.
Rental Real Estate Loan Lawyers
We have helped many business owners whose operations are essentially profitable, but which took hard hits during the recession. Many racked up significant debt to keep their businesses afloat, and found themselves unable to obtain additional financing from lending institutions. Perhaps the rent you collect does not cover the monthly mortgage payment, but if the mortgage payment were more reasonable, you could pay it from the rent. Or, perhaps you are paying the mortgage faithfully and on time, but the loan is maturing and the bank won’t work with you on a refinance. If you are in this situation, and are looking for a way to get rid of your debt so you can rebuild your success, we can help you explore a Chapter 11 bankruptcy.
If, on the other hand, the best option is to pursue a Chapter 7 bankruptcy that results in the winding down of your business, you can count on us to give you straightforward, informed legal advice. At the end of the day, we want our clients to have long-term financial success, and if a business cannot be salvaged, we can help you wind down as efficiently as possible.
Contact Our Firm Today
Plant the seed today for a fresh start tomorrow by scheduling a free consultation with David P. Lloyd, Ltd., online or by calling 708-937-1264. You will work directly with a Cook County retail debt lawyer who knows bankruptcy and how it can unearth new potential.
There is no need to hesitate in getting information that addresses your unique needs. We look forward to hearing from you.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.