If they choose to sell, they may do this either Louisville Foreclosure Lawyer privately or publicly. Privately entails selling to a single person, while publicly usually entails an auction. Kentucky law requires lenders to notify you of the date, time, and place of which they will be auctioning off your car. You can legally attend the auction and bid on your own vehicle, given you have the means to pay for it.
Cooley & Offill Law Firm is client-centered, offering resourceful and skilled legal services throughout Kentucky for 23 years. Our attorneys are well-experienced, assisting clients with bankruptcy relief, criminal defense, personal injury representation and all legal matters. Our professional and friendly staff wants to work for you today. Foreclosures damage your credit score for years and will leave you with your mortgage debt.
However, Kentucky law does come into play with your bankruptcy exemptions. In order to begin the process, you must first determine whether you need to file Chapter 7 bankruptcy or Chapter 13 bankruptcy. The Western district oversees 53 counties, and has its main court location in Louisville.
Our attorneys will help you figure out what your best next steps are. The sooner you have a plan of action, the sooner you can get relief from your garnishment. Lenders may either decide to keep your car as compensation for your debt or resell it.
Personal Injury Lawyers In Louisville
We will work to help you understand your options, get relief from your debts, and gain back your peace of mind. Let us be your advocate when it comes to saving your home, protecting your paycheck, and helping you obtain the debt relief that you need. If you’re looking for a compassionate bankruptcy lawyer in Louisville KY, then look no further. We represent a diverse group of clients in a wide range of business matters, including general corporate law, commercial real estate transactions and corporate reorganizations. We also represent both companies and individuals in bankruptcy matters and handle a wide range of civil litigation matters at both the trial and appellate levels. We also represent clients in probate and domestic relations matters.
It’s important to understand Kentucky divorce laws when filing for divorce-related bankruptcy. In Kentucky, domestic obligation debts such as alimony (spousal support) and child support cannot be discharged in a bankruptcy. However, you can consolidate back support and pay it off through a Chapter 13 bankruptcy. We strongly recommend scheduling a free consultation with a Kentucky or Indiana bankruptcy lawyer before you decide to file.
Personal Injury
Technically, the damage that’s done to your credit score comes more from the missed payments rather than the garnishment itself. There are a few exceptions to the automatic stay that generally have to do with child support and alimony obligations. Under some circumstances, a creditor can also ask the bankruptcy court for permission – motion for relief from the automatic stay – to resume collection efforts. These are most common when the creditor’s claim is supported by an interest in collateral.
Inexperienced attorneys are paid exactly the same as the best attorney in town. Better attorneys can request and get additional fees if they prove they saved their client money by doing additional work. The court only approves these additional attorney fees that saved the client or the estate money. Any additional fees are normally paid by the court from the money you were paying to unsecured creditors.
Can Filing For Bankruptcy In Louisville Help Me Keep My Car?
Louisville, being the largest city in Kentucky, has its own set of financial stressors, from fluctuating employment rates to the rising cost of living. “You won’t find a more conscientious, competent, or nicer attorney than Tracy Hirsch. If you find yourself in a situation where you have no choice and may lose your home, certainly call Tracy. If any of the issues below apply to you, click on the box to find out how bankruptcy can help. Find out which types of bankruptcies can help you keep your property and your paycheck.
Once the petition is drafted, you will meet with your attorney to review and sign your bankruptcy petition and schedules. You must verify the contents of your bankruptcy filing under penalty of perjury, so it is important to carefully review this document. Debtors should receive a legal notification that a creditor intends to move forward in an attempt to collect the debt. If you receive notice of pending wage garnishment, you must act quickly to avoid the action against you. So, while having your employer inform you of a wage garnishment ahead of time would be ideal, your employer isn’t legally required to do so. Turn to an experienced Kentucky wage garnishment attorney if this happens to you.