On behalf of Marcus H. Herbert & Associates | Sep 20, 2019 | chapter 11, chapter 7
For consumers in Kentucky, the attitude is often that only irresponsible spending can lead to bankruptcy. What many do not realize is that there are things outside of a person’s control that can lead to overwhelming debt and smothering calls and letters from...
On behalf of Marcus H. Herbert & Associates | Sep 20, 2019 | chapter 11, chapter 7
If you are a Kentucky resident and feel as if you are swimming in debt you have no control over, there is no reason to think you must handle it all on your own. You have options and people who can help you. One of those options is bankruptcy, although many consumers...
On behalf of Marcus H. Herbert & Associates | Sep 20, 2019 | Uncategorized
In all states, including Kentucky, there is a statute of limitations for different types of debt. This means that once that time period has passed, a creditor cannot take you to court to request that you pay for a debt. According to The Balance, you must prove the...
On behalf of Marcus H. Herbert & Associates | Sep 20, 2019 | chapter 13, chapter 7
As Kentucky residents turn to bankruptcy to start fresh and receive relief from smothering debt, it is important to know if student loans are discharged during bankruptcy. Unfortunately, many are unaware that getting rid of student loans requires more than just a...
On behalf of Marcus H. Herbert & Associates | Sep 20, 2019 | consumer bankruptcy
When the nation’s sixth largest coal producer filed for Chapter 11 bankruptcy protection, the majority of its 1,100 employees in Kentucky did not receive their final paychecks. In protest, five of its former coal miners blocked a train from leaving its plant in...
On behalf of Marcus H. Herbert & Associates | Sep 5, 2019 | consumer bankruptcy
Some debts are discharged as part of many bankruptcies. A discharge of debt under bankruptcy means you are freed from the obligation to pay it. Naturally, knowing when a discharge will go through is one of the top concerns of Kentucky bankruptcy filers. The U.S....
