Bankruptcy

Businesses facing financial troubles do not always need to file for bankruptcy. Several alternatives can help a struggling business get back on its feet. These options can provide relief and a path forward without the heavy consequences of bankruptcy. Here are five...

Bankruptcy is a process that can help your Kentucky business resolve financial problems related to debt and move forward. However, many business owners worry about the negative impact of bankruptcy and how it will affect the business in the future. Many businesses...

Many businesses in Kentucky go through trying times where they must make significant changes to stay afloat. If you find that your business is struggling financially, you may not be aware of your options. Filing Chapter 11 bankruptcy is a route that many business...

The first quarter of 2023 saw all forms of commercial bankruptcies increase. Filings reaching 5,733 were significantly more than the 4,808 business bankruptcies during the previous year's first quarter. Even more alarming is the 77 percent increase in Chapter 11...

You no doubt worked long and hard to build your Kentucky business from the ground up. Whether you sell a specific product or provide a service, if you’ve been in business for several years or more, you’ve likely encountered financial challenges at some point. Most...

Many sports fans in Kentucky and around the country watch professional baseball, basketball and hockey on networks operated by Diamond Sports Group. The broadcaster’s regional networks own the rights to air games played by about half of the Major League Baseball,...

Chapter 12 of the United States Bankruptcy Code, in its design, helps family farmers in Kentucky who are facing financial hardship. It allows them to restructure their debt in a way that helps them keep their farm or fishing operation while they get back on their...

Bed Bath & Beyond operates hundreds of retail stores in Kentucky and across the country, but they have an uncertain future. Brick-and-mortar retailers have faced several challenges in recent years, but the most damaging has been the surging popularity of online...

If your business is facing financial troubles and you're thinking about Chapter 11 bankruptcy in Kentucky, you'll need to appoint a trustee. This individual will be responsible for overseeing the bankruptcy proceedings and ensuring that they are carried out in...

If you are struggling with debt in Kentucky and need the space and opportunity to get back on your feet without losing your most valued assets, you can apply for Chapter 11 bankruptcy. Given its manner of working, the process of filing for this bankruptcy is slightly...