Eddie Montgomery of the famous country music duo, Montgomery Gentry, sought personal bankruptcy protection at the end of December.
Montgomery, 50, filed for Chapter 7 bankruptcy after accruing a large amount of debt due to his recent divorce and the failure of his steakhouse. Montgomery’s $13.4 million debt is only offset by $1.9 million in assets.
Montgomery will sell the Harrodsburg steak house on January 10 to help pay for his debts. A house in Boyle County owned by Eddie and his former wife, Tracy Nunan, will also be sold to offset debt.
Our experienced lawyers understand that many people living in Birmingham face financial hardship. Contact Greenway Bankruptcy Law, LLC, if you are in need of legal financial advice. Give our offices a call at (205) 324-4000 to learn more about the services that we can provide for you.