Frankfort Bankruptcy Attorney
Frankfort, one of the most picturesque cities in the Commonwealth, is located conveniently on I-64, making it accessible in just a short drive to the state’s two largest cities, Louisville and Lexington. Frankfort has served as Kentucky’s capital since 1792.
The city, founded in 1786 when James Wilkinson purchased land on the north side of the Kentucky River, is named after a tragedy. Stephan Frank was among a group of early pioneers working at a ford on the river when they were attacked by Native Americans. Frank died as a result, but the ford was named after him as Frank’s Ford, which later changed into Frankfort. When Kentucky was named a state in 1792, early residents were successful in lobbying the selection committee to choose Frankfort as the Commonwealth’s capital.
Funds were allotted for Frankfort’s infrastructure to grow, and the population continued to increase. From a population of 628 during the first census in 1800, the number of residents had grown to roughly 3,700 by the time of the outbreak of the Civil War. While initially neutral, Kentucky eventually chose to side with the Union, and fortifications were built. Despite the defenses, however, Confederate troops occupied the city for roughly a month before being pushed back and out.
Frankfort’s economy throughout the years has largely been dependent on serving as the administrative and government center of the Commonwealth, but business has branched out in several directions. Among other enterprises, Frankfort has been the home of several distilleries. While prohibition affected the city much like other bourbon-producing parts of the state, Frankfort and the surrounding area are now home to several distilleries, including Buffalo Trace. The town was briefly a center for the automotive industry, but the Great Depression effectively closed that down. And although the distilleries had shut down for the most part during the prohibition era, it was the distilleries that helped pull the local economy back from economic catastrophe.
Frankfort enjoyed its greatest period of growth after World War II. The post-war economy allowed the city to double its population, from roughly 11,500 in 1940 to 21,900 in 1970. The city has enjoyed more moderate growth since then, to a 2016 estimate of around 28,000.
Present-day Frankfort is a vibrant city, with rebuilt and revitalized architecture, and the opening of new businesses with an eye to the future while not forgetting the past. By any standard, the city is simply a pleasant place to live.
With its proximity to the Kentucky River and Elkhorn Creek, boating, kayaking, canoeing and fishing are literally just around the corner. The city hosts nine parks, and the opportunities for outdoor activities and adventures are only a short drive or bicycle ride away. The city also hosts cycling clubs; and the Bluegrass State games, designed to allow all age groups to compete in a variety of sports, are held each year in Frankfort.
Frankfort is a town that has clearly found its identity and has grown into its potential. And as both the city and the economy of Frankfort grow, Bunch & Brock, Attorneys at Law, are proud to serve the community’s legal needs. Practicing for more than 35 years out of offices in Lexington, Bunch & Brock offers business and financial services, estate planning and trusts, business and personal bankruptcy and other legal services. If you have questions or would like to set up an appointment, contact us online or call 859.254.5522.