During your free initial consultation, we will put together a Louisville Bankruptcy Attorney detailed estimate of what your monthly plan payment would be. Our Louisville bankruptcy attorneys have 20+ years of combined experience helping clients get relief from debt, rebuild credit, and start fresh. It’s worth the time and money to have an attorney with experience help you plan.

How do you properly file exemptions to keep property you own, or compute the means test? 1000 other rules are what you need to know to prepare a good Chapter 13 bankruptcy. Chapter 13 Bankruptcy involves technical terms, accounting principles, and rules of law a non-bankruptcy law firm has trouble understanding.

Do I Have To Attend A 341 Meeting Of Creditors?

15,000+wills & estates planned by lawyers at O’Bryan and O’Bryan Law. True bankruptcy protection falls under Chapters 7 and 13 in the U.S. If you qualify for Chapter 7, you can discharge some or all of your debt load.

Contact us for a free case evaluation to see how we might be able to help you save your home. As a Wills & trusts lawyer, I help many individuals and families prepare for the future. When you have a Will in place, your family won’t be left guessing what your wishes may be or who your beneficiaries should be. Create an estate plan today so you can protect what’s important and provide some peace of mind knowing your family will be taken care of long after you’re gone.

Garnished Wages Without Notification

To give the client a low price, you can always cut corners and do less work. However, as you can see with some practices, it only makes more work for the client and the attorney and opens you up to having the court look over your petition. Therefore, cheap low-cost attorney fees in Chapter 7 Bankruptcy are not as affordable as you might think. Based in Louisville, Kentucky, Christopher Kurtz Law Office is a bankruptcy firm. If you are struggling financially, we can help you determine the next steps, whether that means filing for Chapter 7 or Chapter 13 Bankruptcy.

From there, you are released from personal liability for your unsecured debts, and you may continue making payments on secured debts to ensure you can keep your property. Additionally, you should collect and store all of your bankruptcy paperwork in a safe place, in case your future lenders ask to see them. Also, while Chapter 7 bankruptcy can stay on a person’s credit report for up to 10 years, you can still have a life after bankruptcy. You can begin saving up and building your credit as soon as your debts are discharged.

Divorce And Family Law

We’re a straight shot down KY-44 W for 10 miles, and then you’ll turn left onto Joe B. Hall Avenue and right onto S Buckman Street. Contested and uncontested divorce, military divorce, child custody and visitation, child support, maintenance, property division, adoption, guardianship and domestic violence. The discharge in Chapter 7 of the Bankruptcy Code is automatic. In most cases, you will have a ten or fifteen-day grace period after you miss a mortgage payment before you’ll be charged a late fee. If it has, and all your equity is in the first mortgage, then any other mortgages would count as unsecured debt and would be discharged.

Filing for Chapter 13 bankruptcy protection may allow a person to keep their home, car, or other valuables while paying off their debts. Reorganization bankruptcy filers generally make payments over three to five years, depending on their discretionary income. Any remaining debt balances after the payback term has ended may be dismissed.

If the fee is excessive, the trustee files a motion asking the judge to cancel it or return it to the client. Filing for bankruptcy can be difficult, but working with an experienced attorney can make the process smoother and more manageable. The benefits of their expertise and guidance can make it a worthwhile investment. If you’re considering filing for bankruptcy in Louisville, KY, take the time to research. Then choose an attorney who can help you navigate this challenging time with confidence. The cost of hiring a bankruptcy attorney in Louisville, KY, can vary widely depending on various factors.

Unsecured debts, however, don’t have any collateral attached to them. This means that if you don’t pay, there’s nothing that’s taken away from you. However, your credit card company extends a line of credit for you. If you can’t pay back what you owe, they can’t take your property. Debt consolidations involve rolling multiple types of debt, such as credit card debt, into one monthly payment.

Garnished wages without notification can be extremely stressful. If you and your spouse can’t get along, waiting until after your divorce to apply for bankruptcy protection may be advantageous. If your divorce is contentious, it is better to wait until the divorce is final before filing for bankruptcy. This may enable you to seek a debt discharge without having to rely on your spouse cooperating with you in your bankruptcy case.