bankruptcy

One of the important underlying policies of the United States Bankruptcy Code is that all creditors of the bankrupt debtor must be treated equally. A second important principal is to protect the bankrupt estate from being reduced by aggressive collection efforts by one or two creditors. Both policies are accomplished in part by what is […]

2020 presented all Americans with a considerable fiscal challenge. Many families had little control over their income while layoffs and lockdown measures kept adults out of work. Using credit helps cover bills for essentials like clothing and food, but those creditors will eventually look to collect. It is during times like this that many people […]

The costs of higher education have skyrocketed over the years, and it is likely that if you went to college in Kentucky you had to fund at least some if not all of your education through student loans. However, in these tough economic times you may find that you are unable to repay your student […]

The last few months may have made your financial situation bleak. You already were struggling with large debt and then you lost your job in the recent economic downturn. You have creditors calling daily and the stress is becoming overwhelming. You’ve begun considering filing bankruptcy, but you worry about how it will affect your financial […]

For many people, there’s nothing more challenging than managing their finances. If you know how this feels, you also know that there are times when you’re lost and looking for answers. There may come a point when Chapter 7 bankruptcy is the best answer to your financial problems. Here’s what bankruptcy can do for you: […]