Louisville, Kentucky Bankruptcy Lawyers

• Are you working full-time, but still having trouble paying your bills?
• Are you behind on your mortgage payments, but want to stay in your home?
• Are you trying to avoid having your car, truck or boat repossessed?
• Have you been served with a Notice of Foreclosure or Notice of Sheriff's Sale?

If you are having money troubles, rest assured that you aren't alone. Many people in Kentucky, Indiana, and across the country are finding it increasingly difficult to keep their heads above water. If you need debt relief and don't qualify for Chapter 7 bankruptcy, you may be able to pay all or a portion of your debts over time through Chapter 13 bankruptcy.

Call (502) 425-8717 or contact us to schedule a confidential consultation at our Louisville law office. Our lawyers are ready to answer your questions about filing for bankruptcy, mortgage foreclosure, debt consolidation and debt relief.

Helping You Decide if Chapter 13 Bankruptcy Is Right for You and Your Family

At the family-based law practice of The English Law Group, P.S.C., we can help you make tough decisions about your financial future. If you are behind on your mortgage payments, we will explain how you may be able to stop foreclosure. After examining your financial situation, we can help you determine if Chapter 13 bankruptcy is a viable option for you and your family.

In order to file for Chapter 13 bankruptcy (also called the wager earner's plan), you must have an income from which you can make partial repayment of your debts. In Chapter 13, you might be able to keep your assets including your home and car, and there is generally more room to negotiate your debts.

In Chapter 13 bankruptcy, the debtor shows that his or her current debt payments are unmanageable and proposes a repayment schedule (usually over a three to five-year period). Payments are made using disposable income, which is the money you have remaining in your bank account after all necessary living expenses have been paid each month. The Bankruptcy Court will then accept or alter the proposed repayment plan and oversee the debt repayments. One major advantage of Chapter 13 bankruptcy is asset protection. It offers many homeowners a way to avoid home foreclosure or repossession of a vehicle.

Contact our law firm to learn more about Chapter 13 bankruptcy and other options for debt relief. We are here to guide you through these difficult times.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.