If you’re facing mounting bills and have no feasible way to pay them, you’re likely experiencing inescapable feelings of stress and frustration. It may seem as though you have no options; fortunately, filing for bankruptcy may be the best path forward for you.
Filing for bankruptcy can seem overwhelming and scary, but our Nicholasville bankruptcy lawyer is ready to help walk you through the process from start to finish.
The attorneys at Bunch & Brock fully understand the challenging position you’re in. Our team has extensive experience in guiding clients through the bankruptcy process on the way to a fresh financial start. Let our attorneys give you the peace of mind you need.
Contact our bankruptcy lawyer in Nicholasville, KY, today at 859-254-5522 for a consultation.
When Should You Contact a Bankruptcy Attorney in Nicholasville, KY?
There are certain signs that a bankruptcy is coming so you should contact a bankruptcy lawyer in Nicholasville, KY to learn more about your options.
- You have debt that is increasing.
- You have maxed-out credit cards.
- You can barely afford to pay your overdue bills or can only make the minimum payment.
- You pay monthly overdraft fees.
- You are using your credit cards for rent, utilities, or other daily expenses.
- You have creditors that have sued you for your unpaid debts or are threatening to sue you.
- You have debt collection agencies contacting you every day.
- You don’t qualify for any debt relief programs, such as debt management loans or debt consolidation.
- You recently became seriously ill and aren’t able to work, lost your job, or got a divorce and are now in serious financial trouble.
Do You Need a Nicholasville Bankruptcy Lawyer?
One of the main advantages of working with a bankruptcy attorney in Nicholasville is that they can recognize potential issues that can happen with your case and help you plan accordingly. A lawyer can also help you determine whether Chapter 7 or Chapter 13 bankruptcy works best for your situation. Your lawyer considers your needs and helps you come up with the best solution to reach your goals. If after reviewing your case a lawyer finds that bankruptcy may not be the best for you, other alternatives will be advised.
When filing for bankruptcy, it’s necessary to fill out the paperwork correctly, because any inaccurate information can result in serious consequences. The information that you submit to the bankruptcy court will need to be complete and signed under penalty of perjury. Your lawyer will make sure that you follow all the local rules and procedures to make sure all the information is accurate and the paperwork is filed in a timely manner.
Why Is Bunch & Brock the Best Choice for My Bankruptcy?
At Bunch and Brock, we strive to put our clients and their needs first. We feel it’s important to get to know every individual client and their situation, as this allows us to serve you better and come up with the best legal strategy for you.
Since our founding in 1976, we’ve always gone the extra mile for our clients. We are proud of our hard work and dedication, which have earned us recognition in our community. We’ve had many successes in the past helping clients with their bankruptcies, and we’re ready to do the same for you. The bankruptcy process is intimidating, but with our Nicholasville bankruptcy attorneys on your side, you can expect to receive the care you deserve while we work hard to get you the best possible outcome.
You can reach our Nicholasville bankruptcy attorney at 859-254-5522 for an initial consultation. Get a fresh start and get relief from financial stress. Take the next step and call our team.
Types of Bankruptcy In Nicholasville, KY
In Nicholasville, KY, you can file both personal and business bankruptcies.
Chapter 7 Bankruptcy
Chapter 7 is one of the most common types of bankruptcy for personal filing. With Chapter 7 bankruptcy, the law provides for the sale of certain assets and the rest are sold off and distributed among your creditors. You can keep some of your property and, depending on how long it takes, you can come out of bankruptcy with certain unsecured debts discharged. There are some debts that can’t be wiped out, such as taxes, child support, student debt, and liens on property. Typically, Chapter 7 bankruptcy will only take four to six months. If it doesn’t work out, you are able to file for a second bankruptcy after the time limit expires. A Nicholasville bankruptcy attorney will help you with the means test to let you know whether you will qualify for Chapter 7 bankruptcy or if a different type of bankruptcy is right for you.
Chapter 13 Bankruptcy
Chapter 13 bankruptcy is for debtors who have reliable income and still want to keep their car or home, but have gotten behind on payments. Chapter 13 bankruptcy will stop the repossession or foreclosure and the filer will enter into a court-mandated repayment plan to help catch up on payments and pay off a portion of unsecured debt. Certain debts that can’t be discharged in Chapter 7 bankruptcy may be able to be discharged in Chapter 13 bankruptcy.
Chapter 11 Bankruptcy
Businesses can file for Chapter 7 and Chapter 13 bankruptcy as well, but Chapter 11 bankruptcy is designed for businesses that have hit a rough patch and may still be able to keep their doors open if their debt is reorganized.
There are also other types of bankruptcy for special situations. These include Chapter 12 for fishermen and family farmers. Chapter 12 is similar to Chapter 13 but allows more flexibility in the payment schedule.
Our Nicholasville Bankruptcy Attorney Takes the Guesswork Out of the Process
For most, even the thought of filing for bankruptcy is enough to make them want to avoid the process altogether. Still, many feel the need to take on this grand task on their own. If you’re considering filing for bankruptcy, don’t go it alone. Even one mistake can result in severe consequences.
Rather than taking on the difficult task of figuring out the bankruptcy process all on your own, talk to one of our Nicholasville bankruptcy lawyers. We have the required skills and knowledge to get the job done quicker, with better results.
Bunch & Brock recognizes the challenges you face. Let us take some of the pressure off your shoulders.
Filing for Bankruptcy In Nicholasville, KY
Nicholasville, KY, is the 11th largest settlement in the state and, with it being just six miles from Fayette County, the location is a great place for many people to live and commute to Lexington. With so much growth in the area, it’s still possible to get into financial trouble and need the services of an affordable Nicholasville bankruptcy attorney.
Personalized, Professional Legal Guidance from Bunch & Brock
The options for bankruptcy lawyers in Nicholasville, KY, are plentiful. Still, it is important to keep in mind that not all attorneys are the same. Look for a lawyer that has the necessary experience, knowledge, and compassion to successfully get you through your bankruptcy.
Deciding whether to file for bankruptcy is never an easy choice. We’re here to address all your questions and concerns and provide the best possible route to financial freedom. Count on Bunch & Brock to guide you to your new beginning.
Call 859-254-5522 and talk to an experienced and highly effective Nicholasville bankruptcy attorney. Your new future begins today.
Attorney Matthew Bunch
Matt handles complicated bankruptcies and debt restructuring in Chapters 11 and 13 for both individuals and companies. He has also negotiated with multiple creditors on behalf of his clients to avoid bankruptcy. Matt is the firm’s lead litigator and handles contract disputes, certain personal injury claims and general litigation. [ attorney bio ]
