What is the Statute of Limitations on Debt in Kentucky?

Posted on June 21, 2021 - 7:33 pm by Matt Bunch

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 […]

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What are Kentucky’s Exemptions for Chapter 7 Bankruptcy?

Posted on June 20, 2019 - 8:14 pm by Matt Bunch

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 […]

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How to File Bankruptcy in KY

Posted on May 15, 2019 - 1:37 pm by Matt Bunch

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 […]

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What Are the Repossession Laws in KY?

Posted on April 25, 2019 - 3:54 pm by Matt Bunch

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 […]

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Does Bankruptcy Affect Child Support Payments in Kentucky?

Posted on February 28, 2019 - 9:34 pm by Matt Bunch

Financial support for children is of primary importance, and Kentucky gives child support obligations priority in any bankruptcy proceeding. Filing for Chapter 13 or Chapter 7 personal bankruptcy will not discharge child support arrearages or put a stop to a payee’s obligation to continue monthly payments. It is very important for child support, as well […]

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