This is a library free resources for people filing for bankruptcy. Do you need help with your Chapter 7 bankruptcy? I am here to help you. Contact my office right away. Nick C. Thompson, Attorney: 502-625-0905
One of the pet peeves for our local Bankruptcy Judge Lloyd has is when debtors fail to reduce cable tv telecommunications costs in their budget. In fact, Judge Lloyd rarely approves telecommunications expenses over 5% of household income in Chapter 13 cases. To do so requires an affidavit of necessity and often a hearing on…
One of the basic Chapter 7 bankruptcy benefits is a federal court order. When you file Chapter 7, an “automatic stay” is put into place. This automatic stay then stops all collections attempts, lawsuits, wage garnishments, and any contact from creditors. It is so effective, I have people report they pick up phones to see…
If you wish to redeem your car loan and keep your car in Chapter 7 bankruptcy. A Chapter 7 bankruptcy car loan redemption allows you to pay the replacement value for your car. The same holds true for a loan for your truck, boat, or motorcycle. Mobile homes not attached or affixed to the land…
Chapter 7 student loan bankruptcy hardship discharges are hard but not impossible to get. A Chapter 7 debtor must prove the following: Every option has been taken to attempt to repay the student loan. No disposable income exists to repay the student loan. There will never be a disposable income to repay the student loan….
Bankruptcy is normally voluntary – unless you have hidden assets or filed somehow in bad faith. You normally have the right to dismiss your Chapter 13 bankruptcy case or convert from one bankruptcy chapter to another. It is easy to convert from Chapter 13 to a Chapter 7 normally, and there are benefits to converting from…