May 25, 2014
Debt negotiation or settlement can have a negative impact on your credit score, at least temporarily. There are options that allow a person to negotiate their debt and have no negative impact on their credit score.
May 19, 2014
Debt negotiation is the process of contacting your creditors and making arrangements to pay less than the amount you owe on a debt. When a creditor accepts less than what you owe them, it's called a settlement.
April 30, 2014
In Kentucky depending on individual circumstances, if a debtor wishes to keep certain secured property (such as a car or house), he or she may decide to "reaffirm" the debt.
April 28, 2014
Secured creditors may retain some rights to seize property securing an underlying debt even after a discharge is granted in Kentucky.
April 25, 2014
How does a Chapter 7 Bankruptcy Discharge of debt work and what does it do in Kentucky. A bankruptcy discharge releases individual debtors from personal liability for most debts and prevents the creditors owed those debts from taking any collection actions against the debtor.
April 17, 2014
You should know there are alternatives to filing for Chapter 7 bankruptcy in Kentucky, like Chapter 11 or 13 and credit counseling
April 6, 2014
How can I stop a foreclosure or repossession in Kentucky through filing for bankruptcy and getting an automatic stay
April 3, 2014
The process of filing for bankruptcy is complex and mistakes can result in serious penalties. To file for bankruptcy in Kentucky a petition for bankruptcy has to be submitted along with several schedules that lay out your assets and liabilities. A bankruptcy attorney can help you file more easily and without negative consequences.
February 24, 2014
A proposed new bill, Student Borrowers Bill of Rights Act, is trying to make student loan debt dischargeable through bankruptcy