For over 30 years, I have prepared thousands of successful bankruptcy cases for our Louisville Kentucky Bankruptcy Court. I prepare each case and then meet with you to make sure it is perfect. Your future financial health matters I never hand you over to a paralegal.
People often come into our office feeling the needless emotions of fear, shame, blame, and guilt over overwhelming debt. The fact is, disasters happen to everyone. Financial burdens and problems do not only exist in low-income families but in every family. When disasters happen, bankruptcy may be the best or only way to get your life back on track with a budget you can afford. And choosing to file bankruptcy should be a financial decision, not an emotional one.
Filing Bankruptcy in Louisville, Kentucky
If bankruptcy is the answer for you, you must use logic, not emotion, to decide if you should file. After all, when you have a flat tire, you just fix it. You don’t stress over it. We have clients that get a mortgage during Chapter 13 and quickly get 725 credit scores. They are then able to start life over free from debt with a fresh outlook!
⎆ Filing Chapter 7 to fix the overwhelming unsecured debt.
Your family might desperately need to file bankruptcy. That’s why we make filing quick, simple, and as easy. First, there are required documents, then an intake to fill out, and finally, a credit counseling class to take. What most people don’t realize is that bankruptcy allows you to recover with dignity. So, don’t let those negative emotions keep you from doing what you need to do. If you only have an average income and assets, you probably automatically qualify for Chapter 7.
Even if your income is slightly higher than average, you get to deduct reasonable and necessary expenses in your budget to qualify for a Chapter 7. We know the often missed and forgotten expenses. Also, if you have debts that you incurred during military service or primarily business debts, you may automatically qualify for a Chapter 7.
⎆ Filing Chapter 13 to manage secured debts, foreclosures, student loans, and income tax debts.
I want you to know that you’re not alone. Everyone eventually has a personal injury or tragic event happen to them. Divorce, disability, death in the family, or the loss of a job are all common causes of bankruptcy. When that happens, you need a new budget and the fresh start bankruptcy provides. If you have a comaker, you need to protect large assets, have large incomes, or particular types of debts you may need to file as a Chapter 13 to manage these problems.
Our job as a law office is to plan your bankruptcy to have the best budget possible to ensure your fresh financial start. Additionally, your Chapter 7 or 13 should be structured, so you retain the maximum amount of property you need for that fresh start. Chapter 13 means there is little or no risk to losing property, and you can take time to manage or pay debts that will not usually be discharged like student loans, income taxes less than three years old, and mortgage debts on a home you want to keep. A Chapter 7 usually only temporarily stops a foreclosure.
⎆ Filing bankruptcy in Louisville, Kentucky gives you a fresh start. Call 502-625-0903 today!
There is no reason to feel shame for filing bankruptcy. We know that life gets complicated when death, accidents, job loss, disability, and divorce happen. What matters then is how you handle that sudden responsibility. That’s where bankruptcy comes in as the responsible answer. It often allows you the ability to save your home and catch up on mortgage payments. It also means being back on track with a budget that enables you to have peace of mind.
It is a simple reality that bankruptcy is often the right option for you when a debt is not affordable. For one thing, bankruptcy prevents unfair creditors from harassing you for collections. What’s important is that you and your family deserve a second chance. You also deserve to live within a reasonable budget. Moreover, bankruptcy often enables you to keep your property.
Filing Bankruptcy is a fresh start and a new beginning. Bankruptcy is also a chance to put your finances back in order with a new budget which naturally gives you peace of mind. Of course, the problems didn’t happen overnight. But, if you spend 3 – 4 hours gathering the documents, we can often together prepare and file a quality petition that puts you on the path to recovery. When it’s over, you find yourself living within an affordable budget.
⎆ Bankruptcy makes financial problems simpler.
Bankruptcy isn’t a complicated process. There are four simple steps to filing bankruptcy with our office, and they are as follows:
- Gather your documents
- Fill out an intake
- Take your counseling
- Schedule a 1-2 hour appointment to prepare your bankruptcy correctly
Please note that each step takes about two hours. But, if you don’t take time to do it right, that often results in the following:
- Do you want to do it over again? If you don’t prepare carefully, you do it twice.
- Accurate preparation means that you get all the benefits you deserve. But if you don’t take the time, you don’t get all the benefits.
- Inaccurate preparation leads to the loss of your property. So, take the time with us to do it correctly the first time.
Our manual also explains the tricks and traps. So, take those four hours to read and learn how debt collection and bankruptcy work. Reading this might save you thousands with the proper planning and knowledge.
⎆ There is life after filing bankruptcy in Louisville, Kentucky.
I know you are probably feeling a great deal of stress while praying for a miracle. That’s why we are here to give you a new fresh start, save your home, and give you back your life, dignity, and peace of mind. Making that first call is easy because my initial consultation is free. With my experience of doing bankruptcy and foreclosure defense work since 1988, you will leave my office knowing if bankruptcy is right for you. You will also know what to do next.
Also, rest assured, you won’t meet with a paralegal or young attorney just out of school to prepare for your bankruptcy. Instead, I meet with every client and prepare every petition. 100% of our Chapter 7 petitions for the last three years were successful and discharged. Other attorneys often refuse to do the work to file some of the higher-income individuals as Chapter 7 cases. However, we get approval by taking the time to argue and document their reasonable and necessary expenses.
If you are thinking about filing bankruptcy, don’t delay because timing is crucial. I am here to help you. So, contact my office right away to start the conversation. Nick C. Thompson, Bankruptcy Lawyer: 502-625-0905.