On behalf of Marcus H. Herbert & Associates | Feb 21, 2020 | chapter 11, chapter 13, chapter 7
You and your spouse may have slightly diverging opinions when it comes to finances, which may have led to the two of you taking an unconventional approach to things like bank accounts and property ownership. A job loss or a series of poor financial decisions may bring...
On behalf of Marcus H. Herbert & Associates | Feb 13, 2020 | chapter 13
When Kentucky residents fall into debt and cannot get back out, bankruptcy is an option. Today we will take a look at one type of bankruptcy, known as Chapter 13. In specific, we will look at the obligations that a debtor has after filing for Chapter 13 bankruptcy. ...
On behalf of Marcus H. Herbert & Associates | Jan 14, 2020 | chapter 13
When you have filed for Chapter 13 bankruptcy in Kentucky, you have agreed to a process whereby your debts will be reorganized to allow you to negotiate a customized plan for repaying the money you owe. Your level of commitment to abiding by the agreement you have...
On behalf of Marcus H. Herbert & Associates | Jan 8, 2020 | chapter 13, chapter 7
You have realized that you do not have the money to make another mortgage or credit card payment. You may lose your cars because you are close to defaulting on auto loans. It is time to bite the bullet and file for bankruptcy. You know that as an individual you can...
On behalf of Marcus H. Herbert & Associates | Oct 14, 2019 | chapter 13, chapter 7
Kentucky residents like you who are considering filing for Chapter 7 bankruptcy will have a number of steps to go through first. Today, we at Marcus H. Herbert & Associates will discuss what the bankruptcy means test is and why it is crucial to those applying for...
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 | Aug 22, 2019 | chapter 13
Filing Chapter 13 bankruptcy in Kentucky can give you a chance to get your finances back on track. Chapter 13 is a repayment plan that the court creates for you to repay all or part of your debts. At the end of the set time for your plan, anything left unpaid is...
On behalf of Marcus H. Herbert & Associates | Jul 30, 2019 | chapter 13
For those who are looking into the process of filing for bankruptcy, there may be a number of options on the table and it can be difficult for some to decide which route is best. In this write-up, we will explore issues that relevant to filing for Chapter 13...
On behalf of Marcus H. Herbert & Associates | Feb 21, 2019 | chapter 13
Kentuckians can find themselves facing financial challenges in myriad ways. For some, there are unexpected medical expenses that grow out of control. Others spend beyond their means and have trouble keeping up with the payments or cannot keep up with them at all....
On behalf of Marcus H. Herbert & Associates | Jan 10, 2019 | chapter 13
Dealing with financial problems is not something one wants to face; however, when they occur, they are something that need to be addressed. Much negative connotations are attached with the bankruptcy process. Many individuals are concerned about it impacting their...
