Owensboro Bankruptcy Lawyers
Owensboro KY is an important hub of industry and culture in western Kentucky. It sits on the southern bank of the Ohio River with a nearby riverfront area. This beautiful, lively city is full of citizens who are just as special as the city itself. Our law firm is dedicated to serving the citizens of Kentucky and southern Indiana, and that includes Owensboro. If you’re an Owensboro KY resident who is struggling with debt, foreclosure, or other legal issues, our Owensboro bankruptcy lawyers are here for you.
At O’Bryan Law Offices, we are a full-service law firm committed to providing legal aid to those who need it most. Debt and the need to file for bankruptcy can strike anyone at any time. Life is unfortunately unpredictable in that way. However, bankruptcy cases aren’t the end of the world. A bankruptcy filing can actually give you some much-needed breathing room on your path to financial stability. If you need legal assistance from experienced bankruptcy attorneys, we’re here for you. To schedule your free initial consultation with us, please call our law office at 502-400-4020 today.
Top-Rated Bankruptcy Lawyers in Owensboro KY
Our Owensboro KY attorneys not only have extensive experience, but they also have a stellar track record of success among both consumers and businesses. Our legal practice focuses on providing quality service to the KY area and helping clients achieve a fresh start financially. If your debts are beginning to overwhelm you and you’re not sure where to turn, give our law office a call. We can help you find a way to achieve lasting debt relief.
Do I Need a Bankruptcy Lawyer?
While you aren’t required to hire bankruptcy attorneys for your case, we highly recommend at least scheduling a consultation. Our law firm offers free consultations, which means we won’t add to the financial burdens that you’re already struggling with. Navigating bankruptcy court and the filing process can be confusing and stressful on your own. Let a bankruptcy attorney handle all the heavy lifting and paperwork for you.
Some individuals and businesses feel comfortable handling the process of bankruptcy on their own. However, the following are signs that you should consider speaking with a Kentucky bankruptcy lawyer.
- The paperwork and documents are too much to handle. Filing for bankruptcy involves a lot of paperwork and strict deadlines, regardless of which chapter you file. If you’re worried about filling out the forms correctly and submitting them on time, have an attorney help you. Attorneys who focus on bankruptcy will be well-acquainted with what you need for a successful case.
- Your creditors and debt collectors won’t stop harassing you. Creditor harassment is one of the main reasons why people end up filing for bankruptcy. When you work with a qualified bankruptcy lawyer, you can have them handle the creditors on your behalf.
- You don’t feel comfortable handling a court case alone. Representing yourself in court can be very stressful. However, working with an attorney can ensure that all of your legal needs are met and the filing process goes smoothly.
Chapter 7 Bankruptcy
There are two types of bankruptcy that are more common than others – Chapter 7 and Chapter 13. Chapter 7 bankruptcy is also called liquidation bankruptcy. It involves a debtor selling off their nonexempt assets and distributing the proceeds to their creditors. While this chapter doesn’t sound ideal, it has helped countless individuals achieve relief from their debts.
Chapter 13 Bankruptcy
Chapter 13 bankruptcy allows debtors with a steady income to keep their assets and repay their creditors over time. However, you must qualify for Chapter 13 in order to file. You must take a bankruptcy means test in order to determine whether you should file for Chapter 7 or 13. The means test essentially measures whether or not you make too much money to file Chapter 7.
How Do I Find a Good Bankruptcy Attorney?
Once you decide to file for bankruptcy, we strongly recommend seeking qualified legal help. Rather than working with an attorney that splits their practice between family law, business law, and bankruptcy law, choose a firm that focuses primarily on bankruptcy. Our attorneys are well-equipped to answer your questions and provide you with quality representation.
Below, we outline how to identify a good attorney for your bankruptcy case.
In any situation where you need legal aid, it’s important to choose an attorney who has extensive experience in their field. Rather than choosing an attorney who spreads their practice over multiple practice areas, choose one that focuses on bankruptcy. At O’Bryan Law Offices, we focus our efforts on helping consumers and businesses prepare for bankruptcy, file their cases, and rebuild their finances afterward.
Choose a firm that can lay out multiple options and adapt its strategy to your specific circumstances. Bankruptcy is not a one size fits all situation. Each case requires personalized legal aid that will address the concerns of each business or client individually. Depending on the specific circumstances of your case, we will present multiple options for each client and help them determine the best course of action.
Not only do we provide quality legal help before and during bankruptcy, but we also give you the tools for success after your case. Our legal aid doesn’t end as soon as you receive your bankruptcy discharge. We will also give you advice on how to improve your credit score and how to achieve lasting debt relief.
Why Do I Need a Bankruptcy Lawyer in Owensboro KY?
When you’re looking for a bankruptcy lawyer in Owensboro KY, it’s important to go with a firm that regularly represents others in your area. Local firms have a better understanding of any state or local requirements, as well as any tax consequences you might face. Our attorneys are well versed in all state and local laws that might affect your bankruptcy case, and we keep up with all relevant changes.
How Much Does It Cost to File Bankruptcy in Owensboro?
This depends on which bankruptcy chapter you file. The cost of chapter 7 and chapter 13 are similar, but not exactly the same.
- Chapter 7: Total filing fee of $338 ($245 filing fee, $78 admin fee, and $15 trustee surcharge)
- Chapter 13: Total filing fee of $313 ($235 filing fee, $78 admin fee)
In some cases, it is possible to have the filing fee waived. Speak with your Owensboro KY lawyer to learn whether or not you qualify for a fee waiver.
Contact Our Owensboro Bankruptcy Lawyers Today
If you’re an Owensboro KY resident who’s struggling to make ends meet and drowning in debt, we’re here to help. O’Bryan Law Offices is one of the top bankruptcy law firms in Kentucky. We can help you protect your assets, eliminate credit card debt, achieve relief from medical bills, stop foreclosure, stop car repossession, stop wage garnishment, and stop creditor harassment. To schedule your free consultation with us, please call our office at 502-400-4020 today.