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Janet K. Hong and Derek Hong are the founding partners of Hong Law, PLC

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Home  >  Practice Areas  >  Business Bankruptcy

Cedar Rapids Business Bankruptcy Attorneys

Most businesses carry at least some amount of debt, whether because of initial startup costs or regular operating expenses. Unfortunately, this debt can at times become unmanageable, requiring the business to pursue legal actions such as bankruptcy protection.

If you or someone you know owns or operates a business that has overwhelming financial obligations that can no longer be met, you should consider the benefits of pursuing bankruptcy. Contact the Cedar Rapids business bankruptcy attorneys of Hong Law, PLC, today at (319) 294-5853 to speak with an experienced member of our legal team about the details of your situation and determine what the best course of action going forward may be.

Business Bankruptcy Options

Depending on the nature of your business and the extent of your debts, there are several different forms of bankruptcy which you may be interested in pursuing. These include:

Additionally, there may be a number of different options for resolving your business’ difficult financial situation. Discussing your case with a legal professional who understands the benefits and drawbacks of all of these alternatives can help you to make the best possible decision for your company.

Contact Us

If your business is struggling to maintain its financial obligations, bankruptcy may be your best available option. Contact the Cedar Rapids business bankruptcy lawyers of Hong Law, PLC, today at (319) 294-5853 to discuss your situation with a knowledgeable legal representative who can help you understand the full range of options available to you.