This is a library of free resources for people filing for bankruptcy. Do you need help with your Chapter 13 bankruptcy? I am here to help you. Contact my office right away. Nick C. Thompson, Attorney: 502-625-0905
Yes, but not on your own. In Chapter 13, you need permission before you take on new debt, and a car loan is new debt. Sign first and ask later, and you risk the loan, the car, and your whole case. With approval, buying a car mid-plan is common and very doable. Cars break down….
If you’re considering bankruptcy, you may be concerned about how it will impact your spouse. Our guide explains how bankruptcy impacts a spouse’s credit, debts, and financial responsibilities. Whether it’s Chapter 7 or Chapter 13, understanding these impacts can help you protect your spouse and family’s financial well-being. Key Takeaways Filing for bankruptcy individually typically…
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…
Louisville, KY, has one of the highest bankruptcy rates in the country. Almost all of our clients, however, have their FICO scores increase and keep all of their property; and within a short time, are able to rebuild their credit scores to 725 For many city residents, filing for bankruptcy can be a last resort…
The court filing fees in January 2025 for Chapter 13 are $313; however, there are mailing costs for sending the plan to the creditors, and we also charge for the postage which is about $25. The court filing fee for Chapter 7 is $338, so the filing fees for both chapters are similar. The Court…
Bankruptcy Rule 109 (g) Can I Refile if my Chapter 13 is Dismissed? Keeping up on your Chapter 13 payment isn’t always easy, but it’s necessary. If you become late on payments to a secured creditor, he will file a motion for relief from stay to foreclose or repossess property. Unless you refile or obtain…