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Firm Overview

When you come to the Iannacone Law Office, expect to hear an honest appraisal of your bankruptcy and legal situation. Often, bankruptcy is not the only solution available. We advise on the practical effectiveness of filing bankruptcy as well as alternatives to bankruptcy. Our services include the negotiation and restructuring of debts, recovery of collateral through judicial and non-judicial foreclosure proceedings, restructuring, and reorganization of your business.

We provide comprehensive representation in the area of:

Personal Bankruptcy: Your debt may seem insurmountable, creditors are unrelenting, and life appears out of control, but we can help turn things around financially. We handle over 900 bankruptcy cases a year and understand how to work the bankruptcy code to benefit your small business or family situation.

Business Bankruptcy & Litigation: Iannacone Law Office specializes in working for the small business owner who is in financial trouble. Over 90% of its bankruptcy clientele are small businesses so you can have peace of mind knowing that we can provide you with the advice and advocacy you need during this difficult time. Whether your business is a creditor looking to collect an account from a bankrupt debtor or your business needs the protection of the Bankruptcy Court.

♦ Was your company once in “the black” and now it’s in “the red”?
♦ Are you borrowing from your personal assets to pay your bills?
♦ Are your paychecks about to be garnished or is your home about to be foreclosed?

As a small business owner or family that is dealing with financial difficulties, you know about stress, tension, and sleepless nights. You may feel like you are in over your head and do not know where to turn. Bankruptcy can offer an opportunity to restructure or even eliminate your debts. A successful bankruptcy filing can start you on the road to financial recovery. It can also stop foreclosures, garnishments, repossessions, and creditor harassment.

Bankruptcy is an enormously important debt relief remedy for debtors. Most individuals seek relief under what is called Chapter 7 or Chapter 13. Chapter 13 gives the debtor options that are unavailable under Chapter 7. Both Chapter 7 and Chapter 13 stop collection activities such as creditor phone calls, foreclosures and repossessions. However, each Chapter is handled differently and applies to different types of people.

At Iannacone Law Office we have been assisting clients in filing for bankruptcy since 1977. We focus our bankruptcy practice on assisting individuals in filing for Chapter 7 and Chapter 13 bankruptcies and helping small and mid-size businesses in the Chapter 11 reorganizations.

Should I file for Bankruptcy?

Let Iannacone Law Office work with you to determine the best way to handle your situation. Since filing bankruptcy can only be done in federal court and individual state are not authorized to enact their own bankruptcy laws, the laws are uniform throughout the United States. There are, however, certain variations allowed to the individual states to allow an individual to keep assets.

Since we are a small business ourselves, we understand the challenges you face.

What are the different types of Bankruptcy?

  • Chapter 7 – Liquidation or “straight” bankruptcy
  • Chapter 11 – Business reorganization
  • Chapter 13 – Individual debt adjustment
  • Chapter 9 – Adjustment of debts of a municipality
  • Chapter 12 – Adjustment of debts of a family farmer

Chapters 7, 11, and 13 are the most common forms of bankruptcy filings. But our office specialized in working for the small business owner. In fact, over 90% of our bankruptcy clientele are small businesses. Iannacone Law Office provides bankruptcy legal services to debtors.

What should I do to protect my small business or personal assets?

You need to talk Iannacone Law Office as soon as you have a problem. Early intervention can be advantageous to the outcome of your situation. Even if it is late in the game, give us a call, we can get you back on track. We are aggressive, knowledgeable, and skilled dealing with issues relation to your situation. If you need a skilled bankruptcy attorney who is accessible when you need them and is a bankruptcy trustee, make sure you contact Iannacone Law Office today.

You need a trusted, experienced legal partner to help you navigate through the rough waters of bankruptcy and reorganization.

Contact the Iannacone Law Office today

Iannacone Law Office, P.L.L.C.
8687 Eagle Point Boulevard
Lake Elmo, MN 55042
Telephone: (651) 224-3361
Fax: (651) 297-6187
Email: mji@iannacone.com

The information you obtain at this site is not, nor was it intended to be legal advice. You should consult an attorney for individual advice regarding your situation.

 

 

 

 

 

 

 

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