How Are Kentucky Bankruptcy Trustees Paid, and How Does That Affect My Bankruptcy?

Bankruptcy Trustees come in an array of forms. The Covington Division of Kentucky’s federal bankruptcy courts alone have three Chapter 7 bankruptcy trustees, one Chapter 13 bankruptcy trustee, a United States Trustee, and occasional special trustees that might be appointed to oversee especially complex cases or cases in which other trustees might have a conflict […]

Can I Be Liable for my Spouse’s Debt?

It’s interesting, there is an older statute still on the books that deals with a husband’s liability to a wife specifically. I’ll include it because I think that it is interesting. Under the Kentucky statute 404.040: “The husband shall not be liable for any debt or responsibility of the wife contracted or incurred before or […]

A Debt Collector Threatened Me with Fraud and Jail. Can They Do That?

Lawrence & Associates Accident and Injury Lawyers, LLC has told you before about creditor harassment, and with a list of things the creditor can and cannot do. We’ve also talked repeatedly about illegal scams where someone calls and pretends to be a debt collector in order to swindle you out of money. This post is […]

What Happens When I Surrender My House in Bankruptcy?

Regardless of whether you file a Chapter 7 or a Chapter 13 bankruptcy, you have the option at the time of filing to keep or surrender your home. Many Northern Kentucky residents file bankruptcy especially for the purposes of keeping their homes, especially during the recent foreclosure crisis. However, others in the Northern Kentucky area […]

What Type of Bankruptcy Should I File?

Advice from an experienced bankruptcy attorney is your best bet when deciding what type of bankruptcy is in your best interest to file. Are you facing foreclosure from a bank like Wells Fargo, being sued for medical bills by a hospital like St. Elizabeth, or confronting a mountain of Capital One credit card debt? Filing […]

Need a Status Update On Your Chapter 13 Bankruptcy?

Chapter 13 Bankruptcies last for 3-5 years in almost every case so it’s common for the debtor to want to check its status.  Filing a Chapter 7 bankruptcy is often a straightforward affair. Most of the work is done on the front end, especially for the debtor. You gather your paperwork, let the lawyer generate the documents, […]