The bankruptcy attorneys at Dennery Law understand that periods of financial hardship impact every aspect of your personal life, work-life, and if you are self-employed, of the operations of your small business. Individuals usually suffer in silence while their health, relationships and credit scores deteriorate. Small business owners make up for shortfalls by working inordinate amounts of hours and sacrificing their personal well-being for the sake of staying open. You endure years of high interest loans, late fees, penalties, and fines. By the time the collection calls start, and the lawsuits are filed, you are probably feeling like a failure and unsure of what the future holds.
If your personal or small business debts are making your life unmanageable, bankruptcy can provide a path forward. Our clients make the decision to work with experienced bankruptcy attorneys to find the way out. Dennery Law leverages our clients’ knowledge and expertise as well as our experience with the bankruptcy code to obtain debt relief that allows individuals and small business owners to recover from periods of financial hardship. No matter the situation, we identify and implement solutions that eliminate, reduce, or reorganize personal and business debts. Individuals obtain a fresh start. Small business owners turn around, recover, and emerge out of unmanageability. Contact the bankruptcy attorneys at Dennery Law.
Filing for an individual bankruptcy is a legal process used to reduce, reorganize, or eliminate personal debts. There are two common forms of bankruptcy used by individuals: Chapter 7 and Chapter 13. The different chapters are used depending on your specific circumstances. There was a total of 544,463 bankruptcy filings in 2020. Of this total, 96% were personal bankruptcy filings. With over half a million Americans filing for personal bankruptcy per year, you are not alone.
Small Business Bankruptcy
Small business owners file for Chapter 11 bankruptcy when they are facing a liquidity crisis but have the ability to recover from a business interruption or a drop in revenues. Through a small business Chapter 11 bankruptcy, your company can reduce, reorganize, or eliminate business debts. Chapter 11 small business debtors also have the power to renegotiate or modify key contracts or leases. If you decide to close the business, a small business Chapter 7 provides an orderly process to liquidate the company assets, and wind up of the company affairs. A small business chapter 7 bankruptcy is not the end of the road, but rather an effective mechanism used by proactive business owners who need to tie up loose ends and move on with life and/or a new venture.
Very easy to talk with. Always at ease talking through my case. Informative. Ensuring you understand.
I was very nervous about the whole process…but they assured me things would be good and they did an excellent job. I would highly recommend them.
Dennery Law gave me a second chance with my finances. The relief that came with getting out from under hopeless debt is indescribable. I now feel like financial success is in reach and feel very confident that hiring the Dennerys was one of the best moves I’ve ever made!
Dennery Law helped my wife and I immensely through a bad situation. Christian and Dolores are very engaged, caring people who will do everything possible, and then some, to help. I highly recommend them if you need legal assistance.
The bankruptcy attorneys at Dennery Law have the experience, skill, and creativity necessary to deal with complex personal, small business, and business-related bankruptcy cases, and any related litigation. Whether you are an individual seeking personal bankruptcy to eliminate debt, or a small business owner looking to reorganize and recover from a period of financial hardship, we are here to help. Let’s talk about your debt and how an experienced bankruptcy attorney can help you start fresh.
Dennery Law helps individuals obtain debt relief under the bankruptcy code. Let’s talk about your debt and how an experienced bankruptcy attorney can help you start fresh. We are available for telephone consultations at no charge to you. In-person or remote appointments are available on weekdays, evenings, and weekends in Lexington, Louisville, and Northern Kentucky.
Let’s talk about how to start fresh!