Wage garnishment can happen if a Kentucky resident does not pay his or her bills and the creditor successfully pursues a special kind of debt collection lawsuit against the debtor. Once a wage garnishment court order has been obtained, the creditor can claim part of...
Debts, bankruptcy and debt resolution strategies
Debt problems have a tendency to snowball out of control very quickly. Kentucky residents might simply think that they are using a credit card to make ends meet quite innocently, when suddenly something happens that prevents them from paying off the credit card. When...
Ex-agricultural commissioner Richie Farmer files for bankruptcy
Richie Farmer used to be Kentucky's agricultural commissioner. He was also a star of the University of Kentucky basketball team. However, after being convicted of violating state campaign finance and ethics laws, he was sent to prison. More recently, Farmer appeared...
Defenses against tax return seizure over a defaulted student loan
Student loans, like any type of monetary loan, have to be paid back. The only difference is that unlike a regular loan, a student loan is often not dischargeable during bankruptcy proceedings. Even worse, if the student loan borrower falls into delinquency and then...