Newport, KY Bankruptcy & Debt Relief Help

An colleague of mine in Newport, Ky., referred a middle-aged couple to me in the recent past.

J.L. and A.L. owned several businesses in the Northern Kentucky area and had considerable property holdings in the area as well.

While building their businesses, that had not held any other jobs and had accrued $150,000 in debt and owed the IRS more than $60,000.

Their biggest worry was that they would lose their businesses and real estate investments – especially with the IRS after them and threatening to place on lien on their holdings.

But, they also wanted to do the right thing with their creditors.

Because of the businesses and properties, I had to meet with J.L. and A.L. seven times.

And to continue to operate the businesses and keep their real estate, bankruptcy was the only option.

The entire process took six months to complete, but at the end of it, they were thrilled.

Because revenue from their businesses totaled about $150,000, they were able to restructure all their debt with a Chapter 13 filing – essentially creating a new repayment schedule for everything.

They kept their businesses and their property….and are back-on track to successful business careers.

As a Newport, Ky. Bankruptcy Lawyer, I’ve helped more than 15 businesses, families and individuals in Newport work through their debt issues.

And if you live Newport, I’d like to see if I can help you like I helped J.L. and A.L.

So give my office a call at 859.824.3361 to set up a free, no obligation consultation so we can discuss you issue.