Debt to the IRS and Illinois Department of Revenue are often the most difficult to settle. It takes the right negotiator to convince these institutions to settle for less than what is owed. If your business owes either income taxes, payroll taxes, or sales taxes, you must seek immediate help because, over time, the penalties and interest accumulate, leaving your business owing an even more substantial, and more unmanageable debt to the IRS.
Doing nothing can lead to severe consequences, such as tax liens, levies on bank accounts, and seizure of property. Financial problems in your business affect your personal life as well. Attorney Eric Zelazny is a business bankruptcy attorney, a CPA (certified public accountant) and an IRS attorney.
Doing nothing can lead to severe consequences, such as tax liens, levies on bank accounts, and seizure of property. Financial problems in your business affect your personal life as well. Attorney Eric Zelazny is a business bankruptcy attorney, a CPA (certified public accountant) and an IRS attorney.
Services
When a business falls behind on its bills, the situation can become far more complicated very quickly, often involving more than just debt owed to banks and employees: businesses in this situation frequently also owe money to the IRS. If you own a small business and face unmanageable debt, you need a skilled bankruptcy lawyer to help your business get back on its feet.
Businesses with a high amount of debt that want to stay open often choose to file a Chapter 11 bankruptcy. Chapter 11, also known as business reorganization, provides companies protection from creditor collections while giving them time to reorganize and get back on their feet. If you own a business with debt problems and want to continue operations, Chapter 11 bankruptcy may be the best solution.
If you own a small business that is facing debt problems, Chapter 7 bankruptcy may be your solution. Filing for Chapter 7 is an effective debt liquidation tool used by both individuals and businesses with more debt than they can manage. Eliminating most (if not all) of your small business debts can give you a fresh start.
If you are facing a large amount of debt that is unmanageable, Personal Bankruptcy is often a good option. However, Chapter 7 Bankruptcy can only be filed every eight years and will remain on your credit report for up to 10 years, so it is a step that should not be taken lightly. For this reason, it is always best to explore possible alternatives to bankruptcy before going down that road.
When facing bankruptcy, either business or personal bankruptcy, you likely have a number of questions preventing you from moving forward. Fortunately, Eric Zelazny has taken the time to address some of the most common questions in situations like these. Eric's background as both a Bankruptcy Attorney and a Certified Public Accountant make him a powerful ally.
Reviews (10)
Thomas Campione
Dec 06, 2021
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Alex P.
Aug 04, 2021
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Nothing but the best- knowledge & service above and beyond , this is what you can expect if Eric is the attorney you hired. Experience, expertise and professionalism that he brings to the case given is definitely something that is a rare find these days. Eric is my attorney of choice for all legal needs in fields that his office covers.
Rosanna Romano-Baker
Jul 26, 2021
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I would only give the highest praise for Eric! I wouldn’t hesitate to recommend him to anyone who needed a second chance!!! He gave us a fresh start. Throughout this process he took the time to answer my questions and truly showed that he cared about my well being and my family. Eric is a true professional – dependable, supportive, knowledgeable and VERY kind. He brought peace and ease back into my life.
Bigg Dogg
Jul 23, 2021
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Jakub Dzielski
Jun 02, 2021
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Tricia Zelazny
May 30, 2021
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Bart Dzielski
May 23, 2021
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Demetrios Booras
Jul 20, 2020
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Eric helped me with my legal matter and is still helping me even after it's closed. It was a long process of more than two years but Eric stuck through with it every step of the way. There were times where I was stressed and leaned on him as a crutch to guide, explain, and help me through the situation with a calm professional manner. But most of all he went above and beyond, spoke to me with respect always, and genuinely cared for my situation.
Catherine Conroy
Jun 03, 2020
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Eric Zelazny, in my opinion, is different from other bankruptcy attorneys in two critical areas. First, Eric has both a strong financial and legal mind, having graduated from top Universities with an accounting (CPA) and law degree, he has the unique ability to understand and advise you from this dual perspective. Secondly, Eric is patient and compassionate, and takes the time you need to ensure your understanding of the process. Even though Eric has vast experience in bankruptcy, you will never feel as if you are just another set of paperwork to process. If you need a brilliant financial and legal
Ava Sakowski
Oct 28, 2017
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I never thought I would be reviewing such a brilliant attorney in the business bankruptcy field. Eric Zelazny offers the best of being a CPA and a bankruptcy attorney as well as his extensive experience with the IRS togive businesses and individual business owners the fresh start they need when financial disaster hits their businesses, and threatens bigger personal long term losses. I am so impressed with his skills, knowledge and supportive compassionate manner. Eric knows the law and he uses the law to the best of his ability to serve his clients. He really is the one you would want if the need
