She is admitted to practice in the Commonwealth of Kentucky and the Eastern and Western Districts of Kentucky. In her free time, Paige enjoys cheering on the Crimson Tide during football season and spending time with her dogs and cats. Mr. Schwartz received his Bachelor’s of Arts from Vanderbilt University and his law degree from the Ohio State University College of Law. Chapter 7 bankruptcy and Chapter 13 bankruptcy treat nonexempt property differently. Together with the Department of Education, federal student loan servicers may collect defaulted student loans.
The 341 meeting will generally be scheduled 21 to 40 days after you file for Chapter 7. I take the time to learn your goals and then personally draft petitions with clients to ensure the petition is prepared correctly. After the Chapter 7 petition filing, the client primarily needs to take the second class and show up in court. But, there are times when a client has to work with use to get some items completed. When we do a redemption to purchase an auto, a loan is reaffirmed, or the client asks us to remove a judicial lien there will be some added work we do together.
What Is A Power Of Attorney?
Paying your first payments into a trust account is especially needed if you have not been making mortgage or car payments for some time. When creditors claim you have no intention of making the plan payments, and you are stalling these plan payments, prove you have the intent and ability. Because the work is done after the case files, the law office can collect after the case files. The debt for the work does not discharge in the bankruptcy because it’s done after filing. These law firms advertise this as a zero or no money down bankruptcy. Unfortunately, the cost is higher but you can have a low monthly payment you can afford.
Louisville Law Office
Defending against a bank, a mortgage company, or another lender can often be a confusing process. State foreclosure laws are often highly complex, and these cases require special knowledge and experience to handle properly. Responsive and experienced attorneys dedicated to our clients in Owensboro and throughout Kentucky. When keeping your home is a priority, we will discuss your options to pursue this through Chapter 7 or Chapter 13 bankruptcy. We have considerable experience in mortgage issues and foreclosure proceedings, as well as in how bankruptcy trustees think. If the foreclosure sale of your home is coming up quickly, you can stop the sale by filing for bankruptcy.
The average petition is pages long and takes 2-4 hours just to prepare. The typical low-cost skeleton petition is just six pages long and takes 5 to 10 minutes to file when it needs to be filed immediately. With our office you can file a skeleton petition so you can get all the benefits immediately and prepare the majority of the petition the next day.
We’ve helped many clients in the Louisville area save their homes and start fresh. A liquidation bankruptcy is also known as a Chapter 7 bankruptcy. Your non-exempt assets will be liquidated in Chapter 7 bankruptcy to repay a part of what you owe to your creditors. In many situations, a debtor’s assets are excluded, which means that you may lose very few assets in a Chapter 7 bankruptcy. Chapter 7 bankruptcy proceedings typically last only a few months and can relieve you and your spouse of unsecured debt repayment obligations.
We will work to help you understand your options, get relief from your debts, and gain back your peace of mind. Let us be your advocate when it comes to saving your home, protecting your paycheck, and helping you obtain the debt relief that you need. If you’re looking for a compassionate bankruptcy lawyer in Louisville KY, then look no further. We represent a diverse group of clients in a wide range of business matters, including general corporate law, commercial real estate transactions and corporate reorganizations. We also represent both companies and individuals in bankruptcy matters and handle a wide range of civil litigation matters at both the trial and appellate levels. We also represent clients in probate and domestic relations matters.
One of your most important decision is choosing the right attorney to evaluate your case and represent you. Hughes Law Group has represented clients in everything from small injury claims from fender benders to high dollar settlements against corporate entities. We are experienced and willing to give you an aggressive, yet compassionate advocate for your cause. However, the bankruptcy petition will be dismissed and bankruptcy code may cause properly loss if the petition is not prepared properly.