Business Bankruptcy Lawyers | Florence Office | Serving Florence, KY
Our Team Will Stand By Your Side, and Guide You in Your Times of Distress. You Can Count on Us for the Best in Legal Advice on Personal Injury in Northern Kentucky
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Bankruptcy is a Fresh Financial Start. We Are Here in KY To Help You with Credit Card Debt, Loans, Or Business Debt. Call Us!
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Business Bankruptcy Lawyers | Florence Office | Serving Covington, KY
7711 Ewing Blvd, Suite 100, Florence, KY 41042
Monohan & Monohan has years of experience helping clients with their Business Bankruptcy needs in Covington, Kentucky.
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Business Bankruptcy Lawyers | Covington Office
50 E Rivercenter Blvd, Suite 1275, Covington, KY 41011
Business Bankruptcy Lawyers | Crestview Hills Office | Serving Covington, KY
25 Town Center Boulevard, Suite 201, Crestview Hills, KY 41017
Business Bankruptcy Lawyers | Florence Office | Serving Covington, KY
7310 Turfway Road, Suite 210, Florence, KY 41042
Business Bankruptcy Lawyers | Fort Mitchell Office | Serving Covington, KY
2400 Chamber Center Dr, Suite 300, Fort Mitchell, KY 41017
Business Bankruptcy Lawyers | Covington Office
541 Buttermilk Pike, Suite 500, Covington, KY 41017-5710
Business Bankruptcy Lawyers | Florence Office | Serving Covington, KY
7289 Burlington Pike, Florence, KY 41042
Business Bankruptcy Lawyers | Covington Office
50 E Rivercenter Blvd, Suite 850, Covington, KY 41011
Business Bankruptcy Lawyers | Covington Office
411 Madison Avenue, Covington, KY 41011
Business Bankruptcy Lawyers | Fort Mitchell Office | Serving Covington, KY
2500 Chamber Center Drive, Suite 300, Fort Mitchell, KY 41017
Business Bankruptcy Lawyers | Covington Office
36 W Fifth Street, Covington, KY 41011
Business Bankruptcy Lawyers | Covington Office
100 East RiverCenter Blvd., Suite 450, Covington, KY 41011
Business Bankruptcy Lawyers | Covington Office
109 E 4th St, Covington, KY 41011
Business Bankruptcy Lawyers | Covington Office
525 W. 5th Street, Suite 108, Covington, KY 41011
Business Bankruptcy Lawyers | Covington Office
50 East RiverCenter Boulevard, Suite 1150, Covington, KY 41011
Lead Counsel independently verifies Business Bankruptcy attorneys in Covington and checks their standing with Kentucky bar associations.
Our Verification Process and CriteriaA Covington Business Bankruptcy can be a great option if your business is unable to meet its financial obligations and is looking to either restructure debt obligations or liquidate assets. Depending on your company’s current financial position, one or both strategies may be an option.
Provided the bankruptcy is not involuntary, your Business Bankruptcy Attorney may recommend either a Chapter 11 (“reorganization”), or chapter 7 (“liquidation”) bankruptcy to deal with your company’s financial issues.
A Chapter 11 allows a business to reorganize debts and pay off creditor’s over a period of time up to five years. A Chapter 7 liquidation forces the company to literally liquidate all assets, pay off creditors, and ultimately, stop operating. This is typically the least desirable option that your Business Bankruptcy Attorney will try to help you avoid.
In legal practice, experience matters. An experienced attorney will likely have handled issues similar to yours many, many times. Therefore, after listening to your situation, the attorney should have a reasonable idea of the time line for a case like yours and the likely resolution.
An experienced lawyer should be able to communicate a basic “road map” on how to proceed. The lawyer should be able to walk you through the anticipated process, key considerations, and potential pitfalls to avoid. Once you’ve laid out the facts of your situation to the lawyer, he/she should be able to frame expectations and likely scenarios to help you understand your legal issue.
Bill by the hour: Many attorneys bill by the hour. How much an attorney bills you per hour will vary based on a number of factors. For instance, an attorney’s hourly fee may fluctuate based on whether that hour is spent representing you in court or doing research on your case. Attorneys in one practice area may bill you more than attorneys in a different practice area.
Contingent fee: Some lawyers will accept payment via contingent fee. In this arrangement, the lawyer receives a percentage of the total monetary recovery if you win your lawsuit. In sum, the lawyer only gets paid if you win. Contingent fee agreements are limited to specific practice areas in civil law.
Flat fee: For “routine” legal work where the attorney generally knows the amount of time and resources necessary to complete the task, he/she may be willing to bill you a flat fee for services performed.
Plaintiff – a person or party who brings a lawsuit against another person(s) or party/parties in a court of law. Private persons or parties can only file suit in civil court.
Judgment – A decision of the court. Also known as a decree or order. Judgments handed down by the court are usually binding on the parties before the court.