What Is a Tax Levy? A tax levy is the legal seizure of your property to pay taxes owed. Tax levies can result in penalties such as wage garnishment or
What Is a Delinquency Notice? A delinquency notice is a written notification of an overdue payment. You could receive a delinquency notice if you’re behind on taxes, child support, wages,
Having a bankruptcy filing on your record can make certain things, such as getting a mortgage loan, much more difficult. However, getting any kind of loan after bankruptcy isn’t impossible.
Before someone can file for Chapter 7 bankruptcy in Kentucky, they must determine whether or not they make too much money to file. To do this, you’ll need to pass
Yes, you may still owe money to the bank even after your home has been foreclosed. If the foreclosure sale doesn’t cover the full amount of your mortgage—including the loan
What Is Debt Consolidation? Life is unpredictable. Many borrowers can find themselves in debt from a personal loan, auto loan, credit card debt, or student loans. Keeping up with the
Bankruptcy can clear some types of tax debt—but not all. While many forms of tax debt are nondischargeable, certain income tax debts may qualify for elimination under Chapter 7 or
You should never pay a collection agency or charge-off account for these critical reasons: Dealing with debt collectors can be overwhelming and stressful. The constant phone calls, threatening letters, and
The current Chapter 7 bankruptcy cost in Kentucky is $335. This includes a $245 filing fee, a $75 administrative fee, and a $15 trustee fee, which can be paid in
We’ve all been there before. Just when you are least expecting it, your car breaks down or an unexpected medical emergency occurs. It is important to make sure that you
Buying and selling motor vehicles can be very exciting, but also very complicated. Even the smallest details can affect the processes of buying and selling vehicles. If you’re looking to
Most people are aware of what happens if they fall behind on their mortgage payments. Pre-foreclosure occurs when the borrower defaults on their loan. Their mortgage lender will act to
Credit scores and credit reports are extremely important when it comes to making major purchases, such as when you buy a home or a car, or even when you open
As you’re probably aware, many different actions and inactions can affect your credit score and be listed on your credit report. One small detail that regularly affects people’s credit scores
If you’ve ever heard the term “underwater mortgage,” you may wonder how this term differs from a regular mortgage. What does it mean to have an underwater mortgage and how
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