Debt Relief for Kentucky Small Business Owners
At WANTLAND LAW, PLLC, many of the people who come to us for advice about serious debt problems are contractors, independent truck drivers, retailers, farmers, homebuilders and other business owners. We can help with business debt, as well as consumer debt.
If you need advice about your right to relief from the pressure of debt problems related to your business operations, contact us for a free consultation in Shepherdsville. With more than 30 years of service to families and businesses in Bullitt and Jefferson counties, our attorneys understand the problems you face and can help you get the most out of bankruptcy, if that’s the best option for relieving your problems.
Call 502-957-0000 for Advice About Small Business Debt
Many small businesses have all of their inventory, equipment and receivables pledged as collateral to a secured lender. Others are operated so informally that it’s hard to tell the difference between business debt, consumer debt or a personal guaranty, especially when cash and assets pass freely between business and household needs.
No matter what your situation involves, our attorneys can advise you about your debt relief options. Whether you’re concerned about overdraft protection, bounced checks, or cold checks written from a business account or personal liability on a guaranty of corporate debt, we can review your financial situation and show you a path toward a fresh start.
For many people, a single Chapter 7 or Chapter 13 case can cover both personal and business debts. In other situations, we’ll probably recommend a Chapter 7 for a well-organized business and a Chapter 13 case for the principal owner. We can also file for Chapter 12 bankruptcy if that’s the best option for a farmer.
The best choice in your situation will depend on where your financial pressure is coming from, whether it’s a commercial landlord, a secured lender or the IRS. Regardless of your specific circumstances, the sooner you contact us the more options we’ll be able to identify for you.
For dependable advice about business debt problems, contact a bankruptcy attorney at WANTLAND LAW, PLLC in Shepherdsville.
We are a debt relief agency. We help people file for relief under the U.S. Bankruptcy Code.