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
If you’re struggling with mortgage payments, you might be wondering whether foreclosure or deed in lieu is the best option for you. This article will help you navigate foreclosure or a Deed in Lieu. You will understand the key differences between foreclosure or deed in lieu of foreclosure, their impacts on your credit score, and…
If you’re struggling with car payments, you might consider voluntary repossession, a form of vehicle repossession. If the lender sells the vehicle for less than the remaining loan balance, the difference is called a deficiency balance. This is when you return your vehicle to the lender on your own terms. It can be less stressful…
Filing for Chapter 13 bankruptcy lets you restructure your debt into a manageable repayment plan without losing your assets. This guide walks you through the steps, requirements, and what to expect during the filing process. Key Takeaways Chapter 13 bankruptcy allows individuals to reorganize debts over three to five years while keeping their assets, unlike…
Choosing between Chapter 7 and Chapter 13 bankruptcy can be challenging. Chapter 7 quickly eliminates unsecured debt quickly and cheaply. Chapter 13 allows you to rescue and keep assets. You can repay debt gradually and take years to catch up on your mortgage or tax debt with a Chapter 13. We will compare Chapter 7…
Bankruptcy Overview Bankruptcy gives individuals and businesses a fresh start by eliminating or restructuring their budgets and debts. There are five types of bankruptcy, but consumers primarily file Chapter 7 and Chapter 13. A sample of a 2015 budget is below, but remember to always use your actual expenses in your budget. People often forget…
Payday loans seem to be a rescue and an appealing option when you struggle with your bills and debts. They can help in managing monthly payments. They are also known as Cash Advance Companies or Check Cashing Stores, offer short-term loans with higher interest rates. Primarily, these payday loan cash advance companies help borrowers meet…