Exemptions from bankruptcy assist filers get a fresh start by allowing them to keep the property they’ll need to keep a house and a job. Kentucky bankruptcy exemptions also play
Many people already understand that filing for bankruptcy is a complicated process. It involves significant consequences in terms of credit scores, finances, and much more. In fact, it has the
What Does Trustee’s Motion to Dismiss Mean? If you are in a Chapter 13 bankruptcy and unable to keep up with your payments, the Trustee or one of your creditors
You may be able to change your Chapter 13 bankruptcy case to a Chapter 7 if you can no longer afford to make your Chapter 13 bankruptcy payments. You can
Payday loans seem like an appealing option when you’re struggling to pay your bills and falling behind on monthly payments. Payday lenders that work with Chapter 13 (also known as
One of the most personal areas of an individual’s life is their finances. When times get tough and paying debts becomes almost impossible, filing for Chapter 13 bankruptcy in Kentucky
Filing for Chapter 13 bankruptcy may be an effective way of eliminating some or all of your unsecured debts. In many cases, you can retain possession of your Kentucky home
Most individuals who are interested in bankruptcy immediately turn their attention to Chapter 7. They do this for one main reason: It allows them to discharge some or all of
For most people, the goal of filing for bankruptcy is to have their debts discharged. In some cases, Kentucky residents and others will need to liquidate or otherwise surrender assets
Individuals in Kentucky and throughout the country who file for Chapter 13 bankruptcy have the opportunity to repay creditors over a period of three or five years. The length of
Some Kentucky consumers choose to file Chapter 13 bankruptcy petitions instead of Chapter 7 petitions either because they do not pass the means test or because of the types of
Filing for bankruptcy does not always mean that a person has to surrender all his or her assets, including a new car. Kentucky residents might be relieved to learn that
For most people, bankruptcy is a last resort; however, Kentucky residents who are struggling to pay their bills may feel that they have no other option. Filing bankruptcy is not
One of the most difficult decisions any business owner here in Kentucky can face is whether to file for bankruptcy when financial obligations become overwhelming. The decision not only affects
Though regular readers of our Louisville Bankruptcy Law Blog have certainly heard of Chapter 7 and Chapter 13 bankruptcies, not everyone is sure of differences between the two. Let’s take
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