Law Office of Allan E. Dunaway, PLC

January 2014 Archives

Oh yeah, it can happen to you

Sometimes a catastrophic event, a job loss, a sudden illness, will trigger a slide in your finances that will quickly lead down the slippery slope to a bankruptcy filing. Perhaps your employer in Louisville shuts down, leaving you out of work or you are in a car accident that leaves you injured, unable to work and with mounting medical bills.

Great news, that loan will only take 181 years to pay off!

The U.S. economy has endured its share of financial crisis in the last few couple of decades. First, there was the savings and loan crisis of the late 80s, then came the internet bubble, followed most recently by the mortgage crises and recession of the last few years. What's next? Apparently, student loans are the next potential problem.

Income gap may lead to more bankruptcies

No one wants to file bankruptcy. While the social stigma has diminished over the years, filing bankruptcy is not like winning the lottery. In fact, for many, it is the sad recognition that they have lost the lottery. And today, there are many residents of Kentucky and across the nation who have lost the lottery.

Yes, they really made those arguments

While bankruptcy has many causes, in recent years, student loans have garnered attention for their uneasy relationship with bankruptcy. Many clients here in Louisville recognize that they generally cannot discharge student loans in bankruptcy. What many of them do not recognize is that there may be circumstances where the loans may be subject to discharge.

Contact the Firm

Get Sound Advice In A Free Consultation

For sound bankruptcy advice you can count on, from a skilled lawyer who truly cares about your future, contact the Louisville Law Office of Allan E. Dunaway, PLC. We have two convenient locations: Louisville, Kentucky, and Jeffersonville, Indiana. Our main office in Louisville is located off the beaten path so you won't have to deal with downtown traffic and can pull right up to our door and walk right in.

Call us at 502-785-1005, or send an email message. Our law firm welcomes the opportunity to serve you in any way we can.

If for some reason personal bankruptcy is not for you, if you do not qualify for the Chapter 7 approach via the "means test" and Chapter 13 reorganization is not the answer, Allan E. Dunaway works hard to inform you of other appropriate means of debt settlement that suits your unique needs.

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Kentucky Office

Indiana Office

714 Lyndon Lane
Suite 4
Louisville, KY 40222

Phone: 502-785-1005
Fax: 502-412-2258
Louisville Law Office Map

530 East Court Avenue
Jeffersonville, IN 47130

Phone: 502-785-1005
Fax: 502-412-2258
Jeffersonville Law Office Map