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LOUISVILLE BANKRUPTCY ATTORNEY
absolute priority rule
Bankruptcy

Absolute Priority Rule

Table of Contents When a person or a company files for bankruptcy with the bankruptcy court, their repaid debts go to a specific creditor’s claim (or multiple creditor claims) as

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credit card churning explained
Bankruptcy

What is Credit Card Churning?

Credit card churning is the art of using a credit card company’s marketing efforts to your advantage. It is a risky practice, but many use lenders’ strategies to rack up

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consumer debt
Bankruptcy

Consumer Debt vs Non-Consumer Debt

Those struggling with debt often file for Chapter 7 bankruptcy. When they make this decision, they must fill out and complete a bankruptcy means form test. This test determines whether

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motion for relief from automatic stay
Bankruptcy

Motion for Relief from Automatic Stay

One of the most important pieces in getting relief from debt is filing for bankruptcy. Bankruptcy has a host of benefits, including preventing creditors and collectors calls, stopping garnishments or

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