On behalf of Schwartz Bankruptcy Law Center | May 27, 2020 | Chapter 7, Chapter 7 Bankruptcy, Personal Bankruptcy
Chapter 7 bankruptcy can be an excellent legal option for a Kentucky resident who is struggling to overcome significant debts. Burdensome financial obligations can take many forms, from unexpected medical bills or losses of income from layoffs or cutbacks. Credit card...
On behalf of Schwartz Bankruptcy Law Center | Apr 10, 2020 | Chapter 7, Chapter 7 Bankruptcy
Personal bankruptcy protections can help consumers with overwhelming debt enjoy debt relief and get on a fresh financial footing. Chapter 7 bankruptcy is one type of personal bankruptcy protection that is referred to as a liquidation bankruptcy process during which...
On behalf of Schwartz Bankruptcy Law Center | Dec 6, 2019 | Chapter 7 Bankruptcy
Chapter 7 bankruptcy is a popular choice for many reasons. However, it is not the right choice for everyone. If you have overwhelming debt that you don’t think you can tackle alone, one form of bankruptcy or another will likely help you solve your issues....
On behalf of Schwartz Bankruptcy Law Center | Oct 24, 2019 | Chapter 7 Bankruptcy
Almost anyone who is facing overwhelming debts will be able to file for bankruptcy, but the type of bankruptcy will depend on their preferences and current financial situation. Chapter 7 bankruptcy is a very popular option because it is the quickest form of...
On behalf of Schwartz Bankruptcy Law Center | Jul 19, 2019 | Chapter 7 Bankruptcy
Many people have reservations before deciding to file for bankruptcy. It’s common to feel as though filing for bankruptcy counts as an admission of failure, but this is only an illusion. Taking action to file for bankruptcy can be the opposite of this. It is the...
On behalf of Schwartz Bankruptcy Law Center | Jun 7, 2019 | Chapter 7 Bankruptcy
Most credit cards are unsecured loans. They are not backed up by anything. The lender is placing their faith in you that you will repay the money they give you, perhaps because you have shown a history of faithful payments in the past. However, you do have the option...
On behalf of Schwartz Bankruptcy Law Center | Apr 25, 2019 | Chapter 7 Bankruptcy
If you are struggling with a high amount of debt, you may have already read about the potential benefits of filing for Chapter 7 bankruptcy. This bankruptcy filing can be particularly beneficial for those who have a low income and a high amount of debts. However,...
On behalf of Schwartz Bankruptcy Law Center | Mar 1, 2019 | Chapter 7 Bankruptcy
When you don’t have a lot of assets and only a limited income but are drowning in debt, you might decide that you are going to file for bankruptcy. More than likely, you will qualify to file a Chapter 7. This requires that you pass the means test. Once you meet...
On behalf of Schwartz Bankruptcy Law Center | Nov 23, 2018 | Chapter 7 Bankruptcy
Medical bills are one of the leading causes of bankruptcy in this country. Some people might think that this problem only affects the underinsured or uninsured. This isn’t at all the case. When you are reviewing your medical insurance policy, there is one major...
On behalf of Schwartz Bankruptcy Law Center | Oct 11, 2018 | Chapter 7 Bankruptcy
A lot of people are terrified at the idea of filing for bankruptcy, for a number of reasons. In reality, a Chapter 7 bankruptcy will have a negative effect on your credit for a while. There’s no avoiding that. However, it’s important to keep some...
