A whiskey brand steeped in history might very well file for bankruptcy .

However, those at the company remain hopeful that the distiller can arise better than ever following its financial troubles .

Mint reports that Uncle Nearest is priming itself to file for Chapter 11 bankruptcy for the second time this year. A decline in demand, a higher-priced cost of operation, and inflation have all been attributed to the company’s financial woes, according to TheStreet .

Uncle Nearest, according to the brand’s website , was created about 159 years ago by Nathan “Nearest” Green, a purported former slave who tutored Jasper Newton Daniel — the creator of Jack Daniel’s whiskey — how to ply the distilling craft.

Mint explains that Uncle Nearest’s troubles began after Farm Credit Mid-Ame

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