Louisville Bankruptcy Attorney: Stop Foreclosure, Wage Garnishment, and Repossession. Get a Fresh Financial Start in KY.
If you are facing foreclosure, seeing your paycheck garnished, or worrying about your car being repossessed… You have immediate, powerful legal rights.
The Solution is the Automatic Stay of a consumer bankruptcy. A court order by a Federal Judge to stop collections. The bankruptcy process puts you back on an affordable budget, eliminates debt and often improves your credit score if it is low.
- 🛑 Stop Foreclosure Sales
- 🛑 Stop Wage and Bank Garnishments
- 🛑 Stop Car Repossessions and Collection Calls
- 🛑 Stop Lawsuits and Judgments
- 🛑 Stop phone calls and harassment
Why Choose Nick C. Thompson as your Louisville Bankruptcy Attorney: Proven Experience & Trustworthy Defense
Nick C. Thompson has unique, qualifications that sets our firm apart in Louisville, Kentucky. We take less than 20 cases a month to give you the attention it takes to get results. :
🔥 The Financial Edge: Former Tax Prosecutor: Nick knows how to bankrupt and navigate tax debt and other hard to manage debts such as student loans and mortgages. We use this insider knowledge to find strategies for discharging or managing foreclosures and income taxes.
⚖️ The Local Authority: Former Bullitt County Assistant Attorney: With deep roots and local court knowledge in Bullitt County, Jefferson County, and surrounding Kentucky jurisdictions since 1991.
🕰️ 35+ years Over Three Decades of Focused Consumer Defense: I started in 1988 in West Virginia and moved home in 1991, concentrating in Chapter 7, Chapter 13, and foreclosure defense.
Chapter 7 Bankruptcy: The Fast, Permanent Debt Elimination
Chapter 7 typically eliminates most unsecured debt—credit cards, medical bills, and personal loans. This Chapter takes about 90 to 120 days and it is the quickest and cheapest bankruptcy to discharge your debt.
- Do You Qualify? We search for allowed expenses to find a path to pass the Means Test.
- Protecting Your Assets: We maximize your Kentucky Exemptions to keep your home and car.
- Non-Consumer Debt Advantage: The Means Test is waived if over half your debt is small business-related or incurred during your military service. There are other tests that allow 90% of clients to file as a Chapter 7 if they want to.
Chapter 13 Bankruptcy: Saving Your Home, Car, and Stability
A structured 3 to 5-year repayment plan to catch up on secured debts and manage priority debts.
- Stopping Foreclosure: Filing bankruptcy as a Chapter 13 allows you to manage secured debts better. We cure missed mortgage payments (arrearages) over the plan’s life.
- Reducing Car Loan Debt: We can often perform a Cram Down on older car loans to make them affordable in a Chapter 13 if the loan is qualifies under the 910 rule.
- Stripping liens second mortgages: If you have been sued we can often strip judicial liens on your home in a 7 or 13. In a 13 we can also often strip off a second mortgage that has no equity when the house is worth less than the first mortgage.
- Managing Non-Dischargeable Debts: The Chapter 13 bankruptcy filing process can also manage recent income taxes or domestic support obligations. These priority debts can’t be discharged but can be managed or paid off over 5 years.
Critical Defenses We Use to Protect Louisville Families
Foreclosure and Home Protection Strategies
- Lien Stripping: Removing judicial liens, and wholly unsecured second mortgage in Chapter 13.
- Recapturing Garnished Wages: We often recover funds garnished in the 90 days before filing.
Ending Creditor Harassment and Seizures
- Protecting Co-Signers: We use the **Co-Debtor Stay** in Chapter 13.
- Immediate Repossession Stop: We file fast to get your car back.
Your Easy Path to Financial Peace: Preparing your bankruptcy in 3 steps
Step 1: Gather your documents and meet with your Louisville Bankruptcy Lawyer
Your Action: To file, the court requires you to gather a simple set of documents to provide proof of your finances for the Judge and Trustee. (pay stubs, tax returns, prior six months of bank statements). Here is the list.
Our Benefit: We provide a free consultation to determine your Chapter eligibility and defense strategy based on your goals, these documents and your intake.
Step 2: Mandatory Counseling & Personalized Strategy Session to where we plan your petition.
Your Action: To file a Chapter 7 or Chapter 13 you have to complete the mandatory pre-filing Credit Counseling Course we like https://bkcert.com/ .
Our Benefit: To file the Court makes it mandatory that you take this course before filing and the debtor education course after filing to qualify for the permanent court order called a discharge. When we intially meet you will normally know how to get the mazimum benefits.
Step 3: Filing out our intake, Filing, The Automatic Stay, and Your Simple 341 Meeting
The Immediate Result: To save time and trouble call or email and provide us with your name and email address we will send to you and intake to complete. You then make an appointment and we prepare the petition. On filing the Automatic Stay is activated. The collection and stress stops.
Our Benefit: Fill out the intake at home stress free and on your schedule. I am an experienced louisville bankruptcy lawyer and I take two to three hours to finish, prepare and review your petition so it is perfect to get the maximum benefits.
The Court 341 Meeting: At the end you attend a brief 341 Meeting with Nick Thompson which is a zoom meeting, often in our Louisville Ky office. Nick will be right beside you guiding you the complete way. We practice statewide and you can attend the Zoom hearing remotely.
Ready to Stop the Stress and Start Your New and Better Fresh Financial Chapter?
You’ve taken the most important step: seeking help. Let’s put our three plus decades of experience to work for you. We dont practice we are committed to suing creditors and collection agencies.
Call Nick C. Thompson the Louisville Bankruptcy Attorney Today: (502) 625-0905
Serving families across Louisville, KY, Bullitt County, Oldham County, and all of Central Kentucky (Jefferson, Oldham, Spencer, Bullitt, Nelson, Hardin, and Meade counties) and the cities of LaGrange, KY, Shepherdsville, KY, Mt Washington, KY, Taylorsville, KY, and Bardstown, KY.
