Business Dissolution Attorney in Chicago

When it’s time to close a business, proper legal dissolution protects owners from future liability and ensures compliance with state and federal requirements. At Liberum Law, our business dissolution attorneys in Chicago guide business owners through every step of the wind-down process.

Our dissolution services include member/shareholder approval and voting, notification to creditors and settlement of outstanding debts, final tax filings and tax clearance, distribution of remaining assets to owners, articles of dissolution filing with the Illinois Secretary of State, cancellation of business licenses and registrations, and assignment or termination of contracts, leases, and agreements.

Improper dissolution can result in ongoing liability, tax penalties, and personal exposure for business owners. Our attorneys ensure a clean and compliant dissolution. Contact Liberum Law for a consultation.