Discharge Your Debt With Chapter 7 Bankruptcy
Many individuals and families in Kentucky and Indiana find themselves in deep financial trouble through no fault of their own and for reasons beyond their control. A devastating job loss, mounting medical bills, an expensive divorce or the impact of payday loans or predatory mortgage lending can quickly plunge a person deeply into debt.
If your paychecks have stopped but your debt continues to accumulate, you probably feel overwhelmed and confused. But don’t feel defeated — as long as the option of consumer bankruptcy exists, and compassionate attorneys like Allan E. Dunaway can explain it to you, you have options.
At the Law Office of Allan E. Dunaway PLC, we have helped a broad range of clients throughout the Louisville metro and Jeffersonville, Indiana, areas to smoothly navigate the bankruptcy legal process since 1999. We can help you too.
Allan E. Dunaway has dedicated his career to solving his clients’ legal problems with a high level of personal service and integrity. He takes the time to get to know you, ease your fears and chart a course of action that is tailored to your unique needs. Our law firm is on your side.
For many clients, Chapter 7 bankruptcy is the right choice — the road to a debt-free “fresh start.” This liquidation strategy for debt relief works best for those who cannot afford to maintain their monthly living expenses plus make additional payments on unsecured debts like credit card bills, medical bills and cash advances. Chapter 7 makes it possible to discharge, or in other words eliminate, those kinds of debts, allowing you to continue payments on your home and motor vehicle while providing for your family.
One of the many destructive myths about Chapter 7 bankruptcy is that you will have to get rid of important personal possessions. Yes, a Chapter 7 case is referred to as “debt liquidation” and the court will review your personal assets, but statutes in Kentucky and Indiana protect most assets that people need to take advantage of a fresh start that bankruptcy offers. The vast majority of people who file for Chapter 7 bankruptcy are not in danger of losing any personal belongings.
If you do not qualify for Chapter 7 protection, we can discuss the pros and cons of Chapter 13 reorganization, which features a comfortable debt repayment plan and the breathing room you need.
At the end of your case — your life after bankruptcy — you get a discharge of most, if not all, of your debts, and the fresh financial start you need, free of the threat of foreclosure, wage garnishment and creditor harassment that feels oppressive.
Contact Our Knowledgeable Bankruptcy Lawyer
For answers to your questions about Chapter 7 and the compassionate, confidential representation you deserve, contact our Chapter 7 bankruptcy lawyer. Call toll free 502-785-1005 or contact us online. We offer free initial consultations and accept debit and credit cards. Our law office is open 8 a.m. to 5 p.m. Evening and weekend hours are available by appointment.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.