Top Florence, KY Business Bankruptcy Lawyers Near You

Business Bankruptcy Lawyers | Florence Office

6900 Houston Road, Suite 20, Florence, KY 41042

Business Bankruptcy Lawyers | Covington Office | Serving Florence, KY

50 E Rivercenter Blvd, Suite 1275, Covington, KY 41011

Business Bankruptcy Lawyers | Covington Office | Serving Florence, KY

541 Buttermilk Pike, Suite 500, Covington, KY 41017-5710

Business Bankruptcy Lawyers | Crestview Hills Office | Serving Florence, KY

25 Town Center Boulevard, Suite 201, Crestview Hills, KY 41017

Business Bankruptcy Lawyers | Florence Office

7310 Turfway Road, Suite 210, Florence, KY 41042

Business Bankruptcy Lawyers | Florence Office

7289 Burlington Pike, Florence, KY 41042

Business Bankruptcy Lawyers | Fort Mitchell Office | Serving Florence, KY

2400 Chamber Center Dr, Suite 300, Fort Mitchell, KY 41017

Business Bankruptcy Lawyers | Covington Office | Serving Florence, KY

50 E Rivercenter Blvd, Suite 850, Covington, KY 41011

Business Bankruptcy Lawyers | Covington Office | Serving Florence, KY

411 Madison Avenue, Covington, KY 41011

Business Bankruptcy Lawyers | Covington Office | Serving Florence, KY

36 W Fifth Street, Covington, KY 41011

Business Bankruptcy Lawyers | Covington Office | Serving Florence, KY

100 East RiverCenter Blvd., Suite 450, Covington, KY 41011

Business Bankruptcy Lawyers | Covington Office | Serving Florence, KY

109 E 4th St, Covington, KY 41011

Business Bankruptcy Lawyers | Covington Office | Serving Florence, KY

50 East RiverCenter Boulevard, Suite 1150, Covington, KY 41011

Business Bankruptcy Lawyers | Covington Office | Serving Florence, KY

525 W. 5th Street, Suite 108, Covington, KY 41011

Florence Business Bankruptcy Information

Lead Counsel Badge

Lead Counsel Verified Attorneys In Florence

Lead Counsel independently verifies Business Bankruptcy attorneys in Florence and checks their standing with Kentucky bar associations.

Our Verification Process and Criteria
  • Ample Experience Attorneys must meet stringent qualifications and prove they practice in the area of law they’re verified in.
  • Good Standing Be in good standing with their bar associations and maintain a clean disciplinary record.
  • Annual Review Submit to an annual review to retain their Lead Counsel Verified status.
  • Client Commitment Pledge to follow the highest quality client service and ethical standards.

Find a Business Bankruptcy Attorney near Florence

Business Bankruptcy

A Florence 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.

Business Bankruptcy Options

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.

Best Time to Seek Legal Help

No matter what your legal issue may be, it is always best to seek legal help early in the process. An attorney can help secure what is likely to be the best possible outcome for your situation and avoid both unnecessary complications or errors.

Top Questions to Ask a Lawyer

  • What is the usual process to resolve my case? How long will it take to resolve this?
  • What are likely outcomes of a case like mine? What should I expect?

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.

How will an attorney charge me?

A reputable attorney will be very upfront about how he/she will charge you. The three most common fee structures that attorneys use to charge for their services are:

  • Bill by the hour
  • Contingent fee agreement
  • Flat fee agreement

Depending on your specific legal situation, it’s possible that only one type of fee structure is available. For instance, criminal defense attorneys almost always bill by the hour. In a flat fee arrangement, an attorney accepts a one-time payment to help you resolve your issue. With a contingent fee agreement, the client pays little to nothing upfront and the attorney receives a percentage of the money recovered if you win your case.

Common legal terms explained

Personal jurisdiction – Requirement that a particular court have authority over a person, in order to bind that person to the judgment of the court, based on minimum contacts. International Shoe Co v. Washington is a landmark Supreme Court case outlining the scope of a state court’s reach in personal jurisdiction.

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