This is a library of free resources for your bankruptcy. Do you need help? Contact my office right away. Nick C. Thompson, Attorney: 502-625-0905
Seven steps to a great Debt Settlement or Bankruptcy If you are behind in credit card and other debt, you may be considering debt settlement. Debt settlement is a process where you or a company that works for you directly negotiate with creditors to reduce the amount you pay on the principal in exchange for…
Five worst Kentucky Bankruptcy and Foreclosure Mistakes Ignoring a lawsuit or foreclosure as a debt collection or foreclosure mistake This is the number one of the five worst Kentucky Bankruptcy and Foreclosure mistakes. It often happens and it produces the maximum damage you can do to yourself. There are about 100 to 120 different defenses…
Filing Kentucky Workman’s liens in general Kentucky Workman’s liens are often stripped or can easily be stripped in Bankruptcy court. Complying with all of the different sections to perfect the lien is hard to impossible for most contractors. Often, the lien is invalid because the homeowner was not properly served and given notice as required…
Not everyone wants to file bankruptcy just to get rid of a tax debt. Bankruptcy is the nuclear option to discharge income tax debts. You can bankrupt income taxes by aging an income tax debt that is not fraudulent. But you can also resolve your tax debt sometimes for pennies on the dollar if you…
Both before and after the mortgage collapse the home mortgage industry had problems with predatory and unethical bankruptcy and foreclosure practices. In Bankruptcy, debtors must file Chapter 13 if they can afford to repay some reasonable portion of their debt. However, a National Association of Consumer Bankruptcy (NACBA) study shows 97% of people qualify for…
You should know who you are hiring for your bankruptcy. This is a short biography for Nick Thompson, Louisville Bankruptcy and Foreclosure Defense Attorney. My first job after college in 1974 was representing a lender in bankruptcy court. So, knowing how lenders operate and bankruptcy became one of my areas of expertise. Biography for Nick…