Business Bankruptcy

The percentages of businesses that do not succeed are significant. Starting up your own enterprise pits you against more seasoned companies with years of experience, success and name recognition. No matter how hard you work, financial realities must be faced.

The Options You Never Knew You Had To Save Your Business

Many Kentucky-based owners of trucking and coal companies come to Noah R. Friend Law Firm, PLLC, to find out their options. Many assume that the next step is to shutter their business operations. Others bring the paperwork to start bankruptcy proceedings immediately.

For those clients, we take a step back and explore all the options they have. We let them know that closing their doors or even filing bankruptcy may not be an option as of yet. Rushing to a Chapter 11 business bankruptcy filing can be cost-prohibitive and create more financial problems that will have to be revisited. There may be other strategies prior to taking drastic steps.

For small businesses, restructuring debt, and reducing administrative expenses, and paying select bills with the most consequences can allow a business to survive financial difficulties. Ongoing vigilance is paramount.

Contact Attorney Noah Friend At Our Kentucky Law Office

Before you consider bankruptcy, take a moment to schedule an initial consultation by calling a lawyer at our Pikeville office at 606-262-6067 or filling out our firm's intake form.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.