We cannot represent you until we know that doing so Louisville Bankruptcy Attorney will not create a conflict of interest with any existing clients. Only after you receive an engagement letter will you be our client and be properly able to exchange information with us. If you understand and agree with the foregoing and you are not our client and will not divulge confidential information to us, you may contact us for general information. ”, you may want to consider speaking with an experienced attorney about your case.

 

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Be sure to choose your attorney wisely and not just based on their cost. We represent a diverse group of clients in a wide range of business matters, including general corporate law, commercial real estate transactions and corporate reorganizations. We also represent both companies and individuals in bankruptcy matters and handle a wide range of civil litigation matters at both the trial and appellate levels. We also represent clients in probate and domestic relations matters.

 

As a result, we can handle most of the typical client’s legal needs. If we can’t, we’ll refer you to someone who can, because competent representation is the cornerstone of our practice, and satisfied clients the key to our success. In fact, this chapter of bankruptcy is specifically designed for fishermen and family farmers who have regular annual income. Under Chapter 12, farmers or fishermen submit a payment plan to creditors, which generally allows creditors to receive payments over the course of three to five years.

 

There is nothing wrong in selling property or converting property before you file bankruptcy. You may not be able to keep 25,000 in the bank and file a Chapter 7…. The automatic stay is a temporary order which does not allow collections during a pending bankruptcy. In some cases you may qualify for the undue hardship discharge in bankruptcy.

 

Chapter 7 bankruptcy, also known as liquidation bankruptcy, is the most common form of consumer (non-business) debtor bankruptcy. Chapter 7 will halt collections activity including lawsuits, garnishments and threatening phone calls. It will also help you to eliminate most, if not all, of your debt and give you a great chance of keeping your assets. Additionally, a Chapter 7 Bankruptcy may be resolved in a matter of months. While there are many benefits to filing a Chapter 7 Bankruptcy in Kentucky, there are certain considerations that may lead you to choosing another form of bankruptcy.

 

Louisville, being the largest city in Kentucky, has its own set of financial stressors, from fluctuating employment rates to the rising cost of living. We make it a priority to ensure that each of our clients feels respected, heard, and understood. Don’t lose another night of sleep due to creditor phone calls and unpaid bills. We can protect you, and help you obtain the financial freedom you deserve. From the gal at the front desk to the lawyer who got on the phone with me and was kind and thorough in a quick 5 min consult, these guys are consummate professionals and it shows.

 

Call A Bankruptcy Lawyer At O’bryan Law Offices Today

 

With our office you can file a skeleton petition so you can get all the benefits immediately and prepare the majority of the petition the next day. Then, the garnishments stop immediately, the bank attachments end, and the harassment stops. With these cases, the law office prepares the majority of the petition the day after the case files. Collectors are not polite and will not work with you, but you are not under their control. 15,000+wills & estates planned by lawyers at O’Bryan and O’Bryan Law. We also counsel clients from all over Kentucky and Indiana on the following issues.

 

Chapter 7 bankruptcy may not be a topic you ever thought you’d want to learn more about. But remember, bankruptcy relief is available to everyone who needs a fresh start, without judgment of how they got there. The fact that you’re looking at your options should make you feel better already. There’s nothing quite like the feeling of knowing what you’re doing, even if it’s just the basics. We provide helpful tips and resources to help you file Chapter 7 bankruptcy in your state without a lawyer. Chapter 9 bankruptcy is the most rarely used chapter of bankruptcy because it’s reserved for municipalities.

 

If you want to file bankruptcy, you must meet the standards for the chapter you want to file. Before you file for bankruptcy on credit cards, you must prove that you’re about to handle your own debts.If you intend to file Chapter 7, you must pass a means test. Firstly, you will pass the test if your income from the previous six months is below the median income for a family of the same size in your state. If you cannot pass the means test, you cannot file Chapter 7 bankruptcy.If you can’t pass the means test, there is another consideration.

 

Over 90% of people qualify for Chapter 7 bankruptcy but how do you pass the means test. The often forgotten allowable expenses are on our website but there are other… When you are served with the foreclosure complaint you only have 20 days to respond. The bank is making a financial decision to make the most money possible by foreclosing… When you come to me with your bankruptcy, I prepare your petition and appear in court for all of your hearings. If you want to start your intake, we need your Name, email address, and phone number so it can be set up and you can complete your intake at work or home.

 

Also, the value of non-exempt property (assets that aren’t protected) might affect the amount you need to repay creditors. After filing, you’re required to complete a second bankruptcy course. You need to complete the course and file the certificate of completion with the court within 60 days of your creditor’s meeting. If you don’t, the court won’t enter your discharge, which is the main benefit of filing bankruptcy. If you’re feeling overwhelmed by your debt, then the complexity of the bankruptcy code may be even more frustrating. Your Louisville bankruptcy attorney will send notice to the creditor and their attorney to get the wage garnishment stopped immediately.

 

Five other locations in Ashland, Covington, Frankfort, London, and Pikeville also operate as divisional offices. There are many reasons why you may choose to file a Chapter 13 instead of a Chapter 7 bankruptcy. In Kentucky, you do not technically have a right to reinstate your loan unless it is a high-cost home loan. Lenders of high-cost loans must give at least 30 days’ notice of default to the borrower. Check your mortgage loan to determine whether or not you have a right to reinstate your loan. If not, there is still a chance that you can negotiate reinstatement with your lender.

 

Attorney Tracy Hirsch will help you determine if a Chapter 7 bankruptcy or Chapter 13 bankruptcy will best suit your specific situation. Unpaid medical bills, high credit card APRs, garnishments, and judgment liens can destroy your financial status and cause extreme emotional distress. The initial consultation for the preparation of a new estate plan is free. We’ll talk about your goals and brainstorm strategies for accomplishing them. We’ll give you an estimate of fees once we’ve come up with a plan and give you a chance to think it over.