If you’re interested in learning more about Chapter 13, speak to a Louisville bankruptcy attorney. Bankruptcy is a good option for you if you’re struggling Louisville Foreclosure Lawyer with debt. Filing bankruptcy can give you room to breathe, as well as give you a chance to start over.

Just because you owe money to another person, a bank, a credit card company, a landlord or another party doesn’t mean you’ve signed away your legal rights. Federal and state debtor-creditor laws explain both the legal rights and obligations of debtors (people who owe money) and creditors (those who are owed money). Your lawyer can discuss the pros and cons of debt settlement, garnishment, personal bankruptcy and other possible solutions. Many states forbid lawyers to say they “specialize” in a specific practice, but for bankruptcy law you wouldn’t want it any other way. The Chapter 13 bankruptcy attorney fees in Kentucky are flat fees.

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Banks that sue homeowners following a foreclosure are included in this category. They receive a judgment against the individual if they win in court. As a result of the ruling, they are now able to get a garnishment order. At O’Bryan Law Offices, we can help you achieve debt relief in Kentucky and Indiana, as well as handle garnished wages without notification. Once you establish an attorney-client relationship with us, we can offer a free evaluation of your case. This means we don’t accept a cent from you during your initial consultation.

This includes credit cards, unsecured personal loans, gas cards, medical debt, and even payday loans. However, in order to start the process of consolidation, your creditors must agree to your new reduced payments. You can do this by working with a debt relief law firm and having them communicate with creditors for you. Poor and incomplete petitions cause bankruptcy debtors to lose money and property or spend additional stressful time in court. You have to pay the credit counseling fee and filing fee but debt relief planning and excellent attorneys eliminate unsecured debt.

Each year Premier Bankruptcy Lawyers (PBL) researches and recommends leading bankruptcy lawyers across the United States. PBL lists only one attorney and firm in each city and inclusion to the guide is by invitation only. Wallace has worked in bankruptcy law for over 25 years–helping people get relief from the burden of debt and find peace of mind. He has been recognized as one of Louisville’s top lawyers in Louisville magazine in 2008, 2009, 2011, and 2012. The situations that lead people to file for bankruptcy are often tough.

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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.

State laws may offer debtors additional protection by limiting garnishment amounts even further. Original creditors often sell your debt to a debt buyer when they discontinue efforts to collect the debt. This category includes credit card companies, banks, and other entities to whom you owe money. They can undergo the whole process without shutting down their business, and they can receive debt discharges.

One of your most important decision is choosing the right attorney to evaluate your case and represent you. Hughes Law Group has represented clients in everything from small injury claims from fender benders to high dollar settlements against corporate entities. We are experienced and willing to give you an aggressive, yet compassionate advocate for your cause. However, the bankruptcy petition will be dismissed and bankruptcy code may cause properly loss if the petition is not prepared properly.

In a Chapter 13 bankruptcy filing, debtors often wait 3-5 years to receive their discharge. Our free tool has helped 16,185+ families file bankruptcy on their own. We’re funded by Harvard University and will never ask you for a credit card or payment.

Additionally, we may be able to recover some of the funds that may have been taken. If you’re looking to stop wage garnishments in their tracks or achieve debt relief, O’Bryan Law Offices is here for you. Many people envision bankruptcy to be the worst financial decision you could ever make. However, there are many situations in which it’s actually the best possible option. The laws surrounding bankruptcy exist specifically to help consumers overcome crippling debt.

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Wallace Spalding’s father, also a lawyer, was one of the first bankruptcy practitioners in Louisville, Kentucky. If you are struggling with debt, tax problems or you have been injured in an accident, we can help. Please use this form to ask us a question or request a free consultation. Your attorney will provide you with instructions on how to complete the online course as part of the filing process. To prepare your bankruptcy case, we will need copies of various documents.

Because your credit score takes such a strong hit, you might have to focus on rebuilding your credit score before applying for more credit. After filing bankruptcy, you’re likely counting down the days until you receive your discharge. Generally, you can expect to see your discharge around 60 to 90 days after the meeting. However, you could receive it as early as the date of the deadline to object to your discharge. This is the soonest possible date, and you can find it on your Form 309A.