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Providing Fresh Financial Starts For People In Western Kentucky And Southern Illinois
Financial setbacks result from a range of unexpected circumstances, but medical emergencies can rank among the most devastating. As determined by The Commonwealth Fund and reported by Health.com, at least 79 million Americans carry burdensome medical debts. A popular...
Chapter 13 bankruptcy is also known as the wage earner’s plan because when you file, you must have adequate income to create a repayment plan. Instead of the court wiping out all of your debts, you create a plan to allow you to pay back as much debt as possible within...
Unfortunately, bankruptcy has suffered constant stigmatization in our society over time. Because of this, many people feel reluctant to file even if it would be their best possible option. You may be one of these people. The best thing you can do is arm yourself with...
Chapter 13 bankruptcy is an attractive option to many. This is primarily due to the fact that it allows you to keep your assets and items without having to worry about liquidation. In exchange, you must meet and fulfill specific obligations. Thus, you should know what...
Filing bankruptcy in Kentucky is the last resort for most homeowners, but it can also be the first step toward a brighter financial future. Although you may complete chapter 7 in a matter of months, chapter 13 has several long-term economic advantages that may make it...
While it may come as no surprise that dealing with high levels of debt can be stressful, sometimes, the idea of choosing the best path for relief could seem just as intimidating. Individuals in Kentucky who face similar hardships may find that bankruptcy could prove...
Not long after you file for Chapter 7 or Chapter 13 bankruptcy, you will receive a notice to attend the 341 meeting. What exactly is this and what can you expect to happen? Understanding “341” The 341 meeting takes its name from Section 341 of the United States...
When your debts begin to spiral out of control, you may find yourself looking for ways to get your head back above water. In some cases, you may find that filing for bankruptcy may help you get the fresh start you need, but you may not know much about the process or...
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...
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. ...
