Schwartz Bankruptcy Law Center
Louisville 502-485-9200
New Albany 812-945-9200
Toll Free 866-366-3328

February 2018 Archives

With interest rates going up, card debt can prove hard to shake

Interest rates increased recently and may continue to rise, which means that it may be harder for people in the Louisville area to get their credit card balances paid down once they rack them up. This is because money that formerly would have gone to reduce the principal balance will now get eaten up in added interest costs.

How we try to help our clients save money in Chapter 13

A recent post on this blog talked about how Louisville, Kentucky, residents might want to explore the using a Chapter 13 bankruptcy to "strip off" liens from their property, such as a second or third mortgage they took out in exchange for a home equity loan.

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