During your free initial consultation, we will put together a detailed estimate of what your monthly plan payment would be. Our Louisville bankruptcy attorneys have 20+ years of combined experience helping clients get relief from debt, rebuild credit, and start fresh. It’s Louisville Bankruptcy Lawyer worth the time and money to have an attorney with experience help you plan.

 

Founding partner Shannon Fauver has helped thousands of people with their legal problems. At the Fauver Law Office, all cases are handled personally by Shannon. As a reflection of our commitment to clients, we always respond quickly and carefully to your legal needs.

 

To file Chapter 7 in Kentucky, you’ll need to pay $338 in filing fees. To file Chapter 13 in Kentucky, you’ll need to pay $313 in filing fees, on top of what you arranged for your payment plan. Speak with a Louisville bankruptcy lawyer to find out if you qualify for fee waivers. The content of this website should not be construed as offering legal advice, or creating an attorney client relationship. Appropriate legal advice from an attorney licensed in your state should be sought before taking any legal action. Heather Dyer, Marisa Dyson, Sarah Oberer, and Lauren Ashley are licensed to practice law in the State of Ohio.

 

The exemptions for filers listed in the Bankruptcy Code apply to single filers only. If you file jointly with your spouse, you can double the listed amounts. The Kentucky bankruptcy laws govern your exempt property, but federal law, specifically the Bankruptcy Code, governs the bankruptcy petition and process. Specifically, the Kentucky Revised Statutes outline the details of what we cover in the following sections. Louisville Lawyer List is is a local directory of attorneys in Louisville.

 

West Louisville Bankruptcy Lawyers

 

However, bankruptcy is simply a legal tool that allows debtors to regain control of their finances. Filing Chapter 7 bankruptcy is a simple and straightforward way to eliminate most debts, especially unsecured debt. This includes credit card debt, bank loans, medical bills, pay-day loans, and old utility bills. Chapter 7 is designed to give consumers a fresh start while quickly halting creditor garnishments, lawsuits, and harassment.

 

Local Bankruptcy Rules: Kentucky (wd Ky)

 

Creditors can attend the meeting and ask you questions, but that rarely happens. More often than not, the meeting is over after the trustee checks your IDs and asks you some questions about your Kentucky bankruptcy paperwork. Even if you are behind on federal student loans, you can have your disposable earnings garnished.

 

We provide helpful tips and resources to help you file Chapter 7 bankruptcy in your state without a lawyer. Dentons is a global legal practice providing client services worldwide through its member firms and affiliates. This website and its publications are not designed to provide legal or other advice and you should not take, or refrain from taking, action based on its content. While every state has its own set of exemptions, creditors generally cannot garnish income from the following sources. If you do (ignore the case), you will just hasten the inevitable. If the creditor hasn’t heard from you in a long time, they might seek the court to issue a default judgment against you.

 

Does Increase In The Inflation Rate Affect The Cost Of File Bankruptcy In Kentucky?

 

We have world-class funders that include the U.S. government, former Google CEO Eric Schmidt, and leading foundations. If you make more, to qualify for Chapter 7 bankruptcy, you’ll have to pass the second part of the means tests. It considers your types of debt and whether or not you have enough disposable income to pay your debts.

 

Filers must fill out and submit all the necessary forms in a timely manner in order to receive their bankruptcy discharge. We recommend working with a local bankruptcy lawyer, as they will already know what documents you’ll need at the federal and local levels. Everyone goes through hard times and some of life’s events can really set you back. Losing a job, an unexpected injury, or divorce can often lead to financial ruin. If you are faced with overwhelming debt, our bankruptcy attorneys can help you get the relief you are seeking.

 

If you don’t pass the Chapter 7 means test, you can look into filing Chapter 13 bankruptcy instead. If you can’t afford it, you can request a fee waiver from the court. To qualify for this waiver your income must be less than 150% of the federal poverty guidelines. Filing Chapter 7 bankruptcy is a serious step and the Bankruptcy Code says you have to take credit counseling before you can actually file. The course usually takes less than two hours and as long as you’re comfortable doing so, you can complete it online.

 

Garnished wages without notification can be extremely stressful. If you and your spouse can’t get along, waiting until after your divorce to apply for bankruptcy protection may be advantageous. If your divorce is contentious, it is better to wait until the divorce is final before filing for bankruptcy. This may enable you to seek a debt discharge without having to rely on your spouse cooperating with you in your bankruptcy case.