How creditors get paid in a bankruptcy case
When a Kentucky consumer files for bankruptcy, creditors may have a right to pursue any amounts that they are owed. The first step in the process of obtaining payment is
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When a Kentucky consumer files for bankruptcy, creditors may have a right to pursue any amounts that they are owed. The first step in the process of obtaining payment is
Going into a new year with a significant amount of debt can be discouraging. After all, you’re just carrying last year’s problems with you as time passes, and you will
Kentucky residents who are experiencing financial struggles will seek myriad ways to improve their circumstances. For many, bankruptcy is considered a last resort. However, once they understand the process and
Many people in Kentucky rely on credit cards. From daily purchases to emergency expenses, credit card balances can add up quickly. Over time, these balances can quickly overwhelm a consumer,
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
For more information about car repossession after Chapter 7 discharge, contact an experienced bankruptcy attorney at O’Bryan Law Offices today. If you are behind on your car payments, your vehicle
If you’ve been considering personal bankruptcy, you’ve probably wondered about the benefits and drawbacks of Chapter 7 vs. Chapter 13. A Kentucky bankruptcy attorney at O’Bryan Law Offices can
After filing bankruptcy, you may feel that your credit record is damaged. You may doubt whether you can get affordable loans or credit. On the one hand, bankruptcy can give
As soon as you receive a discharge notice for your Chapter 7 bankruptcy, you are no longer legally obligated to pay most of your debts. That is an excellent opportunity
I frequently meet with new clients that are terrified they are going to lose their home if they file a Chapter 7 bankruptcy case. This is certainly not always the
Reaffirmation agreements generally benefit the mortgage company, not you. When you sign a reaffirmation agreement, this effectively waives the discharge you would have received in your Chapter 7. A reaffirmation
People ask us all the time which looks better on their credit: a Chapter 7 or Chapter 13? The short answer is there is no difference as to how it
Meet Your Attorney The first step in anyone’s Chapter 7 bankruptcy timeline is finding the right attorney. Finding a good Kentucky bankruptcy attorney is easy. Call the O’Bryan Law Offices
For the majority of individuals, having dependable transportation is a must. To travel to work, school, or a doctor’s appointment, you’ll need a car. The majority of us can’t picture
Many people who are having financial difficulties wonder if bankruptcy would be beneficial to them. Bankruptcy can be a powerful remedy in gaining freedom from your debts. The following information
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