Possible Bankruptcy Protection for Kentucky Company
Posted on Feb 18, 2010 5:30am PST
Interstate Equipment Sales and Rental in Kentucky is filing for bankruptcy protection in order to restructure its debt. The company has been dealing with cash flow difficulties due to the current economic difficulties and the lack in demand of heavy construction equipment. Interstate Equipment Sales and Rental, which buys, leases, sells, rents and repairs heavy equipment, has implemented a turnaround plan and is negotiating in court for bankruptcy protection so that business can continue.
You do have options when you feel like you are facing a bankruptcy situation. In some cases, you can file for bankruptcy protection in order to keep a business operating; however there are situations where filing for bankruptcy is your best option. With the assistance of a bankruptcy lawyer, you will be able to handle your bankruptcy case in the way that is most beneficial to you. Filing for bankruptcy can be difficult and can affect every aspect of your life. For this reason, it's best to let a bankruptcy attorney handle your case and relieve this stress from your life. An attorney will work on your side, know what you should do with your bankruptcy case, and how to file it properly so that you can begin to resolve this matter.
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