Bankruptcy
This is an advertisement.Bankruptcy • Covington, KentuckyNorthern Kentucky Bankruptcy Law AttorneyDo creditors continue to call at all hours of the day or night, demanding money for unpaid debts? Have you received countless delinquency notices for bills or a devastating foreclosure notice? Stop foreclosure, stop harassing phone calls and stop repossessions. At the law office of Jonathan M. Bruce, I help clients into a financially stable future by filing for bankruptcy under Chapter 7 or Chapter 13. Contact me to discuss your options with a skilled lawyer. Chapter 7 BankruptcyChapter 7 bankruptcy enables individuals to obtain debt relief and a fresh financial start. People who are eligible for Chapter 7 bankruptcy may discharge most of their debts, such as credit card debts, overdue utility bills, loan delinquency fees and other debts. A bankruptcy trustee may have to liquidate some property in order to pay creditors. However, contrary to common belief, you will still be capable of keeping some assets when filing for Chapter 7 bankruptcy. Certain debts, such as school loans, child support payments and overdue taxes are not dischargeable under Chapter 7 bankruptcy. Chapter 13 BankruptcyFor many people with an income, Chapter 13 bankruptcy is a more appropriate option than Chapter 7 bankruptcy. Under Chapter 13 bankruptcy, people are given the opportunity to regain control of their finances. While some debt is discharged, the majority of debt is consolidated and reorganized into a three to five year repayment plan. Rather than facing several creditors and late notices, debtors make one manageable payment each month to a bankruptcy trustee who disburses payment to creditors. Chapter 13 also provides an opportunity to stop a foreclosure or repossession. Experienced and Confident Lawyer in Covington, Kentucky
If you need bankruptcy help in Kentucky or Ohio, contact my Covington law firm to schedule a consultation. |
