On behalf of Schwartz Bankruptcy Law Center | May 12, 2020 | Bankruptcy, Personal Bankruptcy
Many Louisville area residents have had financial problems in their life. There are so many circumstances that can arise, at no fault of the individual, where their financial circumstances can change seemingly overnight. An unexpected medical condition, for example,...
On behalf of Schwartz Bankruptcy Law Center | May 6, 2020 | Bankruptcy
Personal bankruptcy options provide a variety of important protections to filing parties. One of the most valuable protections is the automatic stay which is why those considering bankruptcy should understand the ways the automatic stay may be able to protect and help...
On behalf of Schwartz Bankruptcy Law Center | Mar 27, 2020 | Bankruptcy
There are a lot of financial stressors in life. In the blink of an eye you might lose your job, dissolve your marriage, suffer a costly injury, or be subject to the onset of a devastating illness. Any of these scenarios can be financially devastating, and it might...
On behalf of Schwartz Bankruptcy Law Center | Mar 11, 2020 | Bankruptcy
A Chapter 7 bankruptcy can liquidate debt and provide a financial fresh start. But this may come with worries that decent credit may never be reestablished after bankruptcy. There are ways, however, to rebuild credit. First, keep in mind that your credit may have...
On behalf of Schwartz Bankruptcy Law Center | Mar 10, 2020 | Bankruptcy
There are many reasons why consumers in Kentucky and elsewhere reach for their plastic to pay for things even when they have money in the bank. Maybe it is the rewards perks that drives this spending. Possibly, it is the incentive that one will not have to pay any...
On behalf of Schwartz Bankruptcy Law Center | Mar 10, 2020 | Bankruptcy
While there are many ways to put money back into your pocket, spending money is not the best method to do this. Credit card companies seek to not only normalize the daily use of charge cards, but they also seek to increase the spending of consumers in Kentucky and...
On behalf of Schwartz Bankruptcy Law Center | Mar 10, 2020 | Bankruptcy
Debt can be experienced at any age. In fact, due to the rising cost in education, a large percentage of young adults carry with them significant debt due to student loans. While this form of debt is burdensome, it is not very easily erased to debt relief options, such...
On behalf of Schwartz Bankruptcy Law Center | Nov 22, 2019 | Bankruptcy
One of the big reasons that people do not want to file for bankruptcy is that they have this idea that it is going to ruin their credit. They think they’ll never get a loan again, and they lament the loss of this financial option. It’s true that a...
On behalf of Schwartz Bankruptcy Law Center | Sep 27, 2019 | Bankruptcy
Many people feel that they have no choice but to file for bankruptcy when they are facing overwhelming debts. As a result, they can be quick to dwell on the ways that a bankruptcy filing will limit the control over the way they live their life for the foreseeable...
On behalf of Schwartz Bankruptcy Law Center | Aug 28, 2019 | Bankruptcy
As people get older, it is often presumed that their net worth will get greater, and their financial challenges will decrease. However, it has been reported that many older Americans are struggling with financial issues and unmanageable debts. The reason for this has...
