Bankruptcy for Small Businesses

If your business is struggling with an unmanageable debt load, the experienced bankruptcy attorneys at Eastlund, Solstad, Cade & Hutchinson can help. Our attorneys represent business owners throughout Minnesota in a wide range of legal matters, including debt assistance and bankruptcy.

Owners of small closely-held businesses face a number of issues when deciding if, when and how to reorganize or wind down and liquidate a failing business. These issues may include determining the appropriate approach and relief for the particular type of business entity; winding down operations in ways to properly discharge owner duties to creditors and employees, and limit owner liability; provide for resolution of non-dischargeable company obligations (for example, certain unpaid trust fund taxes); possible bankruptcy of the business entity; and personal bankruptcy of the owner.

To speak with an attorney at our firm about bankruptcy or other debt relief services, contact our law office in Savage, Minnesota. To schedule a consultation with a bankruptcy lawyer at our firm, call 651.968.8062, or contact us by e-mail.

Chapter 7 Bankruptcy

If you are a small business owner and you are no longer able to pay your debts, a chapter 7 bankruptcy may provide the relief you need. Despite what you may have heard about recent changes to the bankruptcy code, many small business owners are still eligible for Chapter 7 relief. Contact an attorney at our firm to learn more about your eligibility for Chapter 7 relief.

Contact Us

To speak with an attorney about personal bankruptcy or business bankruptcy, contact Eastlund, Solstad, Cade & Hutchinson.