Business Bankruptcy Lawyers | Serving Fort Mitchell, KY
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Business Bankruptcy Lawyers | Florence Office | Serving Fort Mitchell, KY
Monohan & Blankenship has years of experience helping clients with their Business Bankruptcy needs in Fort Mitchell, Kentucky.
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Business Bankruptcy Lawyers | Florence Office | Serving Fort Mitchell, KY
Business Bankruptcy Lawyers | Crestview Hills Office | Serving Fort Mitchell, KY
Business Bankruptcy Lawyers | West Chester Office | Serving Fort Mitchell, KY
Business Bankruptcy Lawyers | Florence Office | Serving Fort Mitchell, KY
Business Bankruptcy Lawyers | Fort Wright Office | Serving Fort Mitchell, KY
Business Bankruptcy Lawyers | Covington Office | Serving Fort Mitchell, KY
Business Bankruptcy Lawyers | Covington Office | Serving Fort Mitchell, KY
Business Bankruptcy Lawyers | Covington Office | Serving Fort Mitchell, KY
Business Bankruptcy Lawyers | Florence Office | Serving Fort Mitchell, KY
Business Bankruptcy Lawyers | Fort Mitchell Office
Business Bankruptcy Lawyers | West Chester Office | Serving Fort Mitchell, KY
Business Bankruptcy Lawyers | Covington Office | Serving Fort Mitchell, KY
Business Bankruptcy Lawyers | Lebanon Office | Serving Fort Mitchell, KY
Business Bankruptcy Lawyers | Covington Office | Serving Fort Mitchell, KY
Business Bankruptcy Lawyers | Covington Office | Serving Fort Mitchell, KY
Lead Counsel independently verifies Business Bankruptcy attorneys in Fort Mitchell 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.
A Fort Mitchell 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.
An attorney can often resolve your particular legal issue faster and better than trying to do it alone. A lawyer can help you navigate the legal system, while avoiding costly mistakes or procedural errors. You should seek out an attorney whose practice focuses on the area of law most relevant to your issue.
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.
For most consumer legal issues, the size of the practice is much less important than the experience, competence, and reputation of the attorney(s) handling your case. Among the most important factors when choosing an attorney are your comfort level with the attorney or practice and the attorney’s track record in bringing about quick, successful resolutions to cases similar to yours.
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.