Louisville KY Bankruptcy Attorney and Foreclosure Lawyer
A Louisville KY Bankruptcy Attorney Who Stops Lawsuits and Garnishments
A Louisville Foreclosure Lawyer Who helps you avoid Foreclosures
How to Quickly and Easily File Bankruptcy
What makes filing Chapter 7 or 13 with Nick Thompson better?
At our law office, the head of the firm prepares your case.Some people already know which Chapter of the bankruptcy law they must file and whether they want a Chapter 7 bankruptcy or Chapter 13 Bankruptcy. Only a single appointment is needed to prepare petitions for these clients. But we often schedule a first session to learn their situation and prepare a strategy and a second two-hour session where I prepare the petition. At each session, you meet with me. I am an experienced Louisville, KY, bankruptcy attorney with a background in accounting and finance. Your debt relief and financial future deserve more than planning it with a 25 to 50-dollar-per-hour paralegal who has less than the financial knowledge of a lawyer who has taken the CPA exam. In some offices, your petition may not even be prepared by a paralegal. There are other debt relief, tax, and foreclosure options available. Explore them before deciding to enroll yourself in the bankruptcy process. Whether you have a large amount of credit card debt or want to stop home foreclosure, you need the assistance of a compassionate and dedicated bankruptcy lawyer. Our law firm handles all of Kentucky.
A Louisville bankruptcy attorney who helps debtors qualify for Chapter 7 Bankruptcy unless they need Chapter 13 BankruptcyThere are different purposes and reasons for filing Chapter 13 bankruptcy and filing Chapter 7 bankruptcy. We search for reasonable and necessary expenses that allow you to file for Chapter 7 bankruptcy if it is best for you. Chapter 7 is a cheaper and quicker bankruptcy code solution than Chapter 13. Chapter 13 is a debt repayment plan to stabilize and manage your financial situation over time. 13 is most often used for foreclosure, tax, child support, and student loan debts. Over 90% of our clients qualify for a Chapter 7 if that is what they need. Filing under the Chapter 13 bankruptcy law may be your only option if you have filed a Chapter 7 within the prior eight years or you have too much income or equity in a property. Chapter 13 allows you the time to cure a foreclosure or pay priority taxes (income taxes less than three years old) and little or nothing to non-priority unsecured taxes. However, filing a case as a Chapter 13 typically makes the law office a minimum fee of $4100. Get a second opinion if you suspect the only reason your case is being filed as a Chapter 13 is to make the attorney more money. Chapter 13 cases that repay less than 100% must file an annual budget and turn over any tax refunds for five years in Western Kentucky. The average cost for a Chapter 7 nationwide is $1400 for a single filer and $1600 for a joint petition. I give my attention to every bankruptcy petition and foreclosure case.
Our qualifications as your Louisville bankruptcy law firm or Foreclosure Lawyer
Avvo's Top Foreclosure & Bankruptcy Lawyer 2013-2023
70+ Reviews 10.0 Rating Google 5 Star
How Nick Can Help You in Bankruptcy Filings
A Chapter 13 Bankruptcy can do everything a Chapter 7 can – only better. It has tools to deal with a wider variety of problems that Chapter 7 can’t solve. Chapter 13 can cure a foreclosure over time and protect a co-signer. In some cases, it can strip away a second mortgage. Chapter 13 can ensure you don’t lose property and is the safe way to file. Chapter 13 is often used to manage student loans, taxes, and mortgages. Read More on Chapter 13.
Consider Your Financial Situation Before Filing for Bankruptcy!
- Are you being garnished or being threatened with collection lawsuits?
- Are you unable to borrow at reasonable interest rates?
- Are you receiving calls from debt collectors continuously?
- Are credit cards and lenders charging ridiculous late fees?
- Is dealing with finances and debt frightening or out of control?
- Are you using your credit card to purchase necessities?
Testimonials from Clients and Other Louisville KY Bankruptcy Lawyers
Nick C. Thompson