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
No one enjoys Bankruptcy Rule 2004 Examinations. The rule comes from the Rules of Procedure. This federal rule allows what is a deposition, during which the debtor may be required to provide additional documents and answer questions about his bankruptcy case as part of the audit process. The U.S. Trustee silently audits all Chapter 7…
Debt creates overwhelming stress. You work hard for your home. You pay your mortgage. Now, you are likely asking the most frightening question of all: “will the Chapter 7 bankruptcy Trustee sell my home?“ Let us put that fear to rest. In the vast majority of Chapter 7 cases filed in the Western District of…
Navigating bankruptcy and divorce together can be challenging. This guide covers how each process affects the other. We discuss timing strategies, benefits, and drawbacks to help you make informed decisions. Remember that the goal should be to discharge as much marital debt as possible. A joint petition will often allow you to keep the maximum…
Kentucky Commissioner Foreclosure Sales Costs, Fees, Refunds, Deposits, and Redemptions • Video When a county master commissioner holds a sale, he is allowed to collect his costs and charge attorney fees. This is only reasonable. Most Circuit Court Commissioners work overtime to make sure the homeowner is allowed every opportunity to save his home. But…
Whether you file a Chapter 13 or Chapter 7 bankruptcy, your Kentucky bankruptcy exemptions allow you to keep homes, autos, and other property. You can use either the state’s homestead exemption of $5,000 or the federal homestead exemption of $27,900. However, the federal exemptions are larger, so you should never use our Kentucky exemptions. A few states,…
You may be able to keep an inheritance in bankruptcy or funds from a lawsuit if you know how to exempt it or if you know how to time the filing of your bankruptcy according to the bankruptcy code. Whether you file for Chapter 7 or Chapter 13 bankruptcy also determines whether or not you…