Most debt is personal and doesn’t pass to your family when you die. But co-signed accounts, joint debts, and secured loans are real exceptions. Here’s how it works in Kentucky.
If you’re behind in your bills and fear you’ll be sued, you may be wondering, what is the statute of limitations on debt in Kentucky? The Kentucky statute of limitations on debt collection is a deadline for a lawsuit to be filed. You may have many valid defenses against a collection lawsuit. Depending on the […]
If you are facing mounting debt with no end in sight, then you may be considering bankruptcy as a way to get back on your feet and pursue a fresh start. But then the question becomes: what is the difference between Chapter 7, 11 and 13? The type of bankruptcy you choose will depend on […]
Estate Planning for Blended Families Estate planning for blended families can be tricky, especially if there are children, step-children and half-siblings involved. A married couple often wants to make sure all children are accounted for and taken care of in future years, though sometimes in different ways. In addition, a couple may have aging […]
If you’re a creditor, you may prefer not to deal with preference actions under bankruptcy. When you hear the word “preference,” you probably think it’s a good thing; it’s what you want or like. When it comes to bankruptcy, depending on your position in the proceeding, a preference action may or may not be what […]
Based in Lexington, KY, our wage garnishment lawyers can help you protect your rights and be your first line of defense. Contact us today by calling 859-254-5522.
If you have accumulated more debt than you can reasonably afford to pay, filing for bankruptcy is often the best option. When you file for bankruptcy, you are able to get out from under the debt and ensure a better financial future for yourself and your family. However, the bankruptcy will have a negative effect […]
If you’re thinking of filing for Chapter 7 bankruptcy, you probably already know that the standard process is to liquidate (sell) your property. Property exemptions allow you to protect some of your property from being liquidated to repay your creditors. In Kentucky, you have the option of choosing between federal and state exemptions when you […]
If you are considering filing bankruptcy in Kentucky, this is going to be a difficult and confusing time. Sometimes things happen in our lives that we can’t help. A sudden layoff, a business mishap, or an unexpected medical crisis can always threaten a person’s financial stability. Through no fault of your own, you could be […]
If you fall behind on loan payments for a car, truck, or other vehicle, the creditor has a legal right to repossess this property. For people struggling with finances due to a temporary set-back, losing transportation this way can be devastating. It is certainly difficult to earn necessary wages when you lack reliable transport to […]
