When you think about filing for bankruptcy, it may seem at first like an overwhelming task. One of your major concerns is sure to be about assets: What will you be able to save?
The wildcard exemption may help you in a Chapter 7 filing
We can help you choose the best option to handle business debt
As previous posts on this bog have discussed, there are many different ways a Louisville business that finds itself in financial trouble can choose to handle mounting debt in the face of sluggish revenue.
Chapter 13 as a form of business bankruptcy
Louisville, Kentucky, residents routinely use Chapter 13 bankruptcy in certain situations where they want to resolve personal debts such as a mortgage or a credit card.
How a Chapter 13 bankruptcy can protect your home
While many Louisville, Kentucky, residents may be under the impression that any type of bankruptcy will stop a foreclosure, such an impression is only true to a certain extent.
Financially distressed toy giant allowed go give execs bonuses
A bankruptcy judge approved the plan of the nationwide retail toy seller, Toys R Us, to pay its top leadership bonuses of up to $14 million, provided they meet certain sales goals, particularly over the Christmas season.
In the language of bankruptcy, what is a 341 meeting?
If you are thinking about filing for bankruptcy, you undoubtedly have many questions. You may have heard of certain terms and need a better understanding of what they mean.
Overview of Kentucky's bankruptcy exemptions
One of the most important questions in a Chapter 7 bankruptcy proceeding is whether and to what extent a struggling family in Louisville might be able to claim their property as exempt from collection.
