Call for a free bankruptcy consultation

Louisville |


New Albany |

Schwartz Bankruptcy Law Center

July 2014 Archives

Sued For False Debts

If you have searched news stories in recent months you have come across reports of people experiencing severe debt collection consequences over debts they do not owe. Some are being sued by collectors and others have experienced liens on their homes; all over debts that are false accused. How can this happen? Some debt collectors simply have wrong information, while others are out to scam a quick buck. 

3 Common Misconceptions about Bankruptcy

In the society we live in, it is increasingly difficult to avoid debt. If you have high amounts of debt, then it's wise to understand exactly what your options are for getting out of debt. The word "bankruptcy" has gained a bad rap over time. But bankruptcy isn't all that bad. In fact, it's time to set the record straight about what exactly happens when a person files bankruptcy. Here are three of the most common misconceptions about Kentucky bankruptcy.

Life After Bankruptcy

Filing for bankruptcy can be a liberating experience. The freedom from high debt balances and delinquent accounts can offer you a fresh start for your financial future, but how exactly do you start over? The good news is that life after bankruptcy isn't complicated, it just takes time and dedication.

Dealing With Debt Collectors

Repeated phone calls, letters of collection, and threats of lawsuits are all common annoyances of dealing with debt collectors. While their tactics may seem bullying, the truth is that many debt collection companies are violating the rules. The Fair Debt Collection Practices Act has guidelines that debt collectors must follow when attempting to collect on a debt, but many aren't adhering. Here are some of the list of No-No's when it comes to collecting on a debt:

Dealing With Debt In Divorce

Marital problems can often arise when financial hardship strikes and spouses become stressed with how to find a resolution. While debt burdens can already be hassle enough, adding a potential divorce to the matter can greatly complicate things. Whether you are looking to divide debts and move on or file for bankruptcy it is important to discuss your situation with aLouisville bankruptcy lawyer to ensure you dissolve the relationship appropriately.

Detroit Looks to Leave Bankruptcy Court

The saga in Detroit could be coming to an end as long as several key factors align in the courts. After months of collaborative planning and financial restructuring efforts between bankruptcy lawyers and financial experts, State Legislature and numerous private organizations have bestowed their blessing to the bankruptcy plan that provides Detroit with $18 billion to revitalize the city. Now, the decision lies in the hands of the city: its employees and retirees.

Bankruptcy Doesn't Ruin Your Credit

If people have been telling you that bankruptcy ruins credit, then it is your turn to set them straight. Bankruptcy may mean admitting that you have more bills on your desk than money in your pocket, but it does not mean that your credit is ruined forever.

Mixed Blessing: A Few Positive Things about Bankruptcy

Yes, you read that correctly. Bankruptcy can be a blessing in its own way. Most bankrupt people have a tendency to focus on what they've lost, and that's both natural and normal. However, bankruptcy does have several good points to its credit. We've listed a few to help uplift your spirits. 

Make A Payment Email Us For a Response

Need A Solution To Your Debt Problems?

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Make A Payment
Schwartz Bankruptcy Law Center

Office Locations:

Louisville Office
3339 Taylorsville Road
Louisville, KY 40205

Phone: 502-785-8549
Phone: 502-485-9200
Fax: 502-485-9220
Louisville Law Office Map

New Albany Office
501 State Street
New Albany, Indiana 47150

Phone: 502-785-8549
Phone: 812-945-9200
Fax: 502-485-9220
Map & Directions