Business Bankruptcy Lawyers in Jefferson County, KentuckyWhen a business files for bankruptcy, it may, under most circumstances, either file for Chapter 7 or Chapter 11 bankruptcy in Jefferson County, Kentucky.
For most publicly-held companies, filing for Chapter 11 bankruptcy is better because it is a way to rehabilitate the business.
Under a Chapter 7 bankruptcy, all of the assets are liquidated and the business is generally dissolved at the end. Most businesses, therefore, prefer to file for Chapter 11 bankruptcy, in which a trustee is appointed to reorganize the company's finances.
The business may then "emerge" from bankruptcy. Contact a business bankruptcy attorney in Jefferson County, Kentucky for legal advice.
Board Certification in Business Bankruptcy Law - The American Board of Certification (ABC) is accredited by the ABA to certify attorneys as specialists in business bankruptcy law.
NACBA serves the needs of consumer bankruptcy attorneys and works to protect the rights of consumer debtors.
Kentucky Lawyer Referral Service - The Louisville Bar Association sponsors the Kentucky Lawyer Referral Service (KLRS). The service helps the pubic find a local attorney with experience handling a specific type of legal problem in Louisville, Jefferson County, and the surrounding areas. The service can refer you to a qualified attorney across a wide range of practice areas including family law, divorce, bankruptcy, employment law, real estate law and worker's compensation. To receive the referral, call 502-583-1801 during normal business hours from Monday to Friday form 8:30 a.m. to 1:00 p.m. or from 2:00 p.m. to 4:30 p.m.
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