Kentucky residents like you who are filing for bankruptcy will have two major options to choose from. One is Chapter 13, and one is Chapter 7. Lonneman & McMahan, PLLC, is here to help provide you with the benefits and drawbacks of each type so that you can choose which fits you best.
As a resident of Kentucky who is currently struggling with the notion of bankruptcy, you likely have a lot of questions. How does it work? What can it do for you? And most importantly, will all of the benefits people talk about actually apply to your situation? Lonneman & McMahan, PLLC, are here to give you the answers to these questions.
When residents in Kentucky look into bankruptcy to get out of a deep financial rut, it can be overwhelming. What option do you go with? What's the difference between Chapter 13 and Chapter 7 bankruptcy? Which is best for you? Lonneman & McMahan, PLLC, will help you make these crucial decisions and get back on your feet after financial disaster.
You may have suffered financial setbacks for months or years and considered a Chapter 7 bankruptcy for a fresh start, but well-meaning friends and family members have told you that bankruptcy should be avoided at all costs. However, our team at the law offices of Lonneman & McMahan PLLC, understand that in many cases, bankruptcy can help Kentucky residents get back on their feet and remove the stressful burden from their shoulders.
If you are a Kentucky resident thinking about filing for bankruptcy, you may be wondering which type of bankruptcy, Chapter 7 or Chapter 13, is right for you. As FindLaw explains, both types of bankruptcy give you debt relief, but there are substantial differences between them.
Kentucky residents who are in debt will likely have to suffer through the ever-persistent, ever-irritating creditor collection calls. These calls can get invasive and downright frightening in some cases, leaving the sufferer wishing for an out. Fortunately, there are ways to shake creditors off and escape from the threats, calls, and harassment.
Kentucky residents who have decided to file for bankruptcy will have two main options: Chapter 13, or Chapter 7. Both have their own merits, and Lonneman & McMahan PLLC will help you determine which benefits will work best for your particular lifestyle and debt situation.
Kentucky residents like you work hard to support yourself and make all of your bill and debt payments on time. Unfortunately, if you do fall behind, you could find yourself facing the possibility of having your wages garnished.
Kentucky residents like you who are dealing with financial difficulties right now may be considering the possibility of filing for bankruptcy. But which type is right for you, and how do you determine that?
Some people still believe that bankruptcy is often caused by a failure to control spending. They believe all that is needed is a little self-discipline and these financial problems would be alleviated. Until they get sick.