Blog | O'Bryan Law Offices | Bankruptcy Lawyer

Bankruptcy

What is a Tax Levy?

Tax debts may be some of the most challenging debts to get rid of. Taxing authorities have more power to seize your assets than all other types of creditors. Because

December 23, 2020

Bankruptcy

What Is A Debt Buyer?

Debt buying has quickly become a large industry in the United States. Most people have never heard of a debt buyer, but you may be more familiar with them than

December 23, 2020

Bankruptcy

Can The IRS Take Money From Your Bank Account?

As a bankruptcy law firm, we often hear questions like: Can the IRS take money from your bank account? It may be hard for some to imagine that the government

December 18, 2020

Do you have to sell your vehicle in a Chapter 7 bankruptcy?

Liquidation is a scary word when it comes to your personal assets, so it’s little wonder that so many people shy away from Chapter 7 bankruptcy despite how beneficial it

October 14, 2020

Ways to reduce credit card debt

Many people use credit cards in Kentucky to make shopping convenient. However, statistics show that the average household owes around $15,000 in credit card debt. Consumers have some ways they

October 7, 2020

Chapter 13 bankruptcy: deciding whether to file or not

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

September 28, 2020

Filing for Chapter 7 bankruptcy as a homeowner

There is a litany of misinformation surrounding the concept of filing for bankruptcy protection. Many people believe that bankruptcy is always the result of financial mismanagement, which is simply untrue.

September 14, 2020

What to know about Chapter 13 bankruptcy

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

August 18, 2020

These financial concerns could lead you to bankruptcy

As an individual with financial concerns, it’s natural to consider the pros and cons of filing for bankruptcy. With both Chapter 7 and Chapter 13 an option, you could soon

August 7, 2020

Non-exempt assets in bankruptcy

Chapter 7 is the most common type of bankruptcy in Kentucky and throughout the country that involves liquidating assets to pay creditors. However, not all property or belongings can be

August 4, 2020

You can file bankruptcy without your spouse

If you are wondering whether you can file bankruptcy on your own without your spouse, you will first need to know whether you live in a community property state. Kentucky

July 30, 2020

Can a bankruptcy filer buy a house?

Deciding to file bankruptcy can be an emotionally and financially difficult decision to make. Bankruptcy filers in Kentucky and other parts of the U.S. may be unsure of what long-term

July 28, 2020

Is it possible to get a credit card after bankruptcy?

Bankruptcy is a legal proceeding that involves an individual or a business being unable to pay their outstanding debts. For individuals in Kentucky, it’s important to understand how bankruptcy can

July 15, 2020

The various ways to modify a home loan

Homeowners in Kentucky may be able to refinance or modify their home loans in the event that they can no longer afford their mortgage payments. A loan modification may result

July 3, 2020

The potential negative consequences of a debt settlement

It isn’t uncommon for Kentucky residents and others to fall behind on car payments, medical bills and other debts. Those who don’t believe that they can pay a debt balance

June 19, 2020