Bankruptcy Filing Debtor Education and Credit Counseling Certificates late Since 2005 Congress has required consumer debtors to attend a credit counseling class before they file. They also must attend a Debtor Education class after they file to get the discharge. Our office can easily prepare a petition with just the income Information. However, we cannot…
Maxing Out Credit Cards and Later Filing Bankruptcy
Credit Cards and Later Filing Bankruptcy Everyone has a problem sooner or later. The problem is you never know when it will come along. If you use a credit card or purchase an auto just before filing you are probably an honest but unfortunate debtor who simply did not know when he purchased a car…
How You Can Keep Tax Refunds in Chapter 7 or 13 bankruptcy
Tax refunds are the most likely item you will lose in bankruptcy. Debtors often lose tax refunds in Chapter 7 because the refund is so large it exceeds the amount of any wild card exemption. You are allowed to keep property which does not exceed the exemptions. Any property over the equity and exemptions you…
Bankruptcy Adversary Proceedings: Chapter 7 and 13
When you file bankruptcy, either you or a creditor may still need to file a lawsuit and have a bankruptcy judge determine the results. You and the other person are adversaries. Adversary proceedings are when you need to continue to fight it out in bankruptcy court, and the result will effect the bankruptcy. Adversary proceedings…
Western Kentucky Chapter 13 Bankrutpcy Rules
Western Kentucky Chapter 13 Bankruptcy Rules you need to know When your Chapter 13 plan pays less than 100%, in Western Kentucky, you must by May 15th of each year turn over a budget, copies of your tax returns and the income tax refund to the Trustee. This is required for the last four years…
Kentucky Student Loan Attorney
Need Help with a specific Student Loan Problem? Nick Thompson did the webinar and contributed to the book used by lawyers to battle student loans. He was able to obtain a discharge of his own student loans using his system. We offer several services at additional cost, and among these are: Getting you out of…
Louisville Kentucky Bankruptcy Divorce
People often file a Divorce and then a Bankruptcy. But people also reverse this order and first file a Bankruptcy and then Divorce. Regardless of how it happens studies show you can actually be better off financially by properly filing your bankruptcy and getting the maximum effect. You discharge the debt, you keep the assets….
Low Cost Bankruptcy Scams
Cheap bankruptcy attorneys are often scams & minority discrimination of the poor Save yourself some money. If you want to file a bankruptcy with the lowest cost read our book. Several studies show knowing how to file is far more effective at saving money on attorney fees than hiring a cheap bankruptcy attorney. Looking for a cheap Chapter 7…
File an Emergency Bankruptcy
Sometimes people wait until the last minute before a foreclosure sale. They are forced to file an emergency bankruptcy in Louisville Kentucky to stop a foreclosure sale. Yes we do file emergency petitions but we take the time to do it. Clients often had repeated promises they didn’t need to worry because a mortgage modification would…
Tax and Bankruptcy Lawyer
Nick Thompson is a former assistant attorney general who worked for the tax department. He was assigned to prosecute business, trust and individual tax cases in West Virginia. Nick’s license is number 51 before the US Tax Court in Washington DC. He has practiced in US Tax Court since 1988 which is a long time…