Top Florence, KY Business Bankruptcy Lawyers Near You

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    Taft Stettinius & Hollister LLP

    Business Bankruptcy Lawyers | Covington Office | Serving Florence, KY

    Business Bankruptcy Lawyers | Covington Office | Serving Florence, KY

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    Nicholas M. Nighswander, PLLC

    Business Bankruptcy Lawyers | Florence Office

    Business Bankruptcy Lawyers | Florence Office

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    Lewis Brisbois Bisgaard & Smith

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

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

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    Graydon

    Business Bankruptcy Lawyers | Cincinnati Office | Serving Florence, KY

    Business Bankruptcy Lawyers | Cincinnati Office | Serving Florence, KY

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    Gatlin Voelker, PLLC

    Business Bankruptcy Lawyers | Covington Office | Serving Florence, KY

    Business Bankruptcy Lawyers | Covington Office | Serving Florence, KY

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    Lawrence & Associates, LLC

    Business Bankruptcy Lawyers | Florence Office

    Business Bankruptcy Lawyers | Florence Office

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    Graydon Head & Ritchey LLP

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

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

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    O'Hara, Taylor, Sloan & Cassidy

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

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

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    Lawrence & Associates, LLC

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

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

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    Graydon Head & Ritchey LLP

    Business Bankruptcy Lawyers | West Chester Office | Serving Florence, KY

    Business Bankruptcy Lawyers | West Chester Office | Serving Florence, KY

  • Stites & Harbison PLLC

    Business Bankruptcy Lawyers | Covington Office | Serving Florence, KY

    Business Bankruptcy Lawyers | Covington Office | Serving Florence, KY

  • Law Office of Thomas A. Rauf

    Business Bankruptcy Lawyers | Covington Office | Serving Florence, KY

    Business Bankruptcy Lawyers | Covington Office | Serving Florence, KY

  • Dinsmore & Shohl LLP

    Business Bankruptcy Lawyers | Covington Office | Serving Florence, KY

    Business Bankruptcy Lawyers | Covington Office | Serving Florence, KY

  • O'Connor, Acciani & Levy Co., LPA

    Business Bankruptcy Lawyers | Covington Office | Serving Florence, KY

    Business Bankruptcy Lawyers | Covington Office | Serving Florence, KY

  • Caparella Kraemer & Associates

    Business Bankruptcy Lawyers | West Chester Office | Serving Florence, KY

    Business Bankruptcy Lawyers | West Chester Office | Serving Florence, KY

  • Harold Jarnicki & Associates

    Business Bankruptcy Lawyers | Lebanon Office | Serving Florence, KY

    Business Bankruptcy Lawyers | Lebanon Office | Serving Florence, KY

  • Ziegler & Schneider PSC

    Business Bankruptcy Lawyers | Covington Office | Serving Florence, KY

    Business Bankruptcy Lawyers | Covington Office | Serving Florence, KY

  • DBL Law

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

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

  • Frost Brown Todd LLC

    Business Bankruptcy Lawyers | Florence Office

    Business Bankruptcy Lawyers | Florence Office

Florence Business Bankruptcy Information

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Lead Counsel Verified Attorneys In Florence

Lead Counsel independently verifies Business Bankruptcy attorneys in Florence by conferring with Kentucky bar associations and conducting annual reviews to confirm that an attorney practices in their advertised practice areas and possesses a valid bar license for the appropriate jurisdictions.

Find a Florence Business Bankruptcy Attorney in your area

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.

When to Hire a Lawyer

It is in your best interest to get legal help early on in addressing your situation. There are times when hiring a lawyer quickly is critical to your case, such as if you are charged with a crime. It may also be in your best interest to have a lawyer review the fine print before signing legal documents. A lawyer can also help you get the compensation you deserve if you’ve suffered a serious injury. For issues where money or property is at stake, having a lawyer guide you through the complexities of the legal system can save you time, hassle, and possibly a lot of grief in the long run.

The Importance of a Good Consultation

The goal of an initial consultation is to find an attorney you are comfortable working with and someone who can help you understand your options under the law. Seek to understand the relevant legal experience the attorney brings to your case. While it is not realistic to expect an attorney to resolve your legal issue during an initial consultation, you should gain a level of comfort with his/her ability to do so. A good consultation can clarify issues, raise pertinent questions and considerations for your case, and help you make an informed decision towards resolving your legal issue.

How much does it cost to hire an attorney?

In general, how much an attorney costs will often depend on these four factors: billing method and pricing structure, type of legal work performed, law firm prestige, and attorney experience. Depending on the legal issue you are facing, an attorney may bill you by the hour, settle on a flat fee, or enter into a contingency fee agreement. The type of legal work you need help with will also play a role in cost incurred.

Common legal terms explained

Pro se – This Latin term refers to representing yourself in court instead of hiring professional legal counsel. Pro se representation can occur in either criminal or civil cases.

Statute – Refers to a law created by a legislative body. For example, the laws enacted by Congress are statutes.

Subject matter jurisdiction – Requirement that a particular court have authority to hear the claim based on the specific type of issue brought to the court. For example, the U.S. Bankruptcy Court only has subject matter jurisdiction over bankruptcy filings, therefore it does not have the authority to render binding judgment over other types of cases, such as divorce.

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