Chapter 7

Straight Answers About Chapter 7 in Kentucky

If you're facing difficult problems with debts that you can't pay back, you might think about bankruptcy relief. It puts an immediate stop to most debt collection activity, and gives you the chance to get a discharge — a permanent release from qualifying debts.

Chapter 7 offers the fastest and most direct way to a discharge under bankruptcy. If you can't pay your bills and need to consider your bankruptcy options, contact a knowledgeable attorney at Wantland Law in Shepherdsville. Our lawyers advise families throughout Bullitt County, Jefferson County and the Louisville area about a wide variety of legal problems with nearly four decades of combined experience, and we can help you through bankruptcy as well.

In Shepherdsville, Taylorsville, Bardstown or Louisville, Call 877-690-4814

Most Chapter 7 cases last four to six months, from filing the petition to getting your discharge in bankruptcy court. Along the way, creditors trying to collect medical bills, credit card bills and other unsecured claims are generally stopped from all collection activities.

The Chapter 7 case also typically halts mortgage foreclosure, tax collection, garnishment, auto repossession and other collection efforts. If the creditor can look to collateral under a car note or home mortgage, it can ask for bankruptcy court permission to move against the collateral. If you're not willing to walk away from a car loan or mortgage, our lawyers can help you work out arrangements with your creditors.

As a general rule, to qualify for a discharge under Chapter 7 bankruptcy, your adjusted household income can't exceed the Kentucky state median. However, if you pass the "means test," you may still be able to file under Chapter 7. We'll work with you to see whether the adjustments to your income can make you eligible for Chapter 7 relief. You can rely on the attorneys of Wantland Law for sound advice on getting your finances back on track.

Some Debts Cannot be Discharged

Certain debts won't be discharged in Chapter 7. These include most student loans, recent taxes, child support payments and debts related to fraud. However, most people find that the debt relief they achieve in Chapter 7 helps them meet their obligations on their nondischargeable claims.

The lawyers at Wantland Law, PLLC, help people and families in Bullitt County and throughout the Louisville with over four decades of combined experience. Contact us in Shepherdsville for a free consultation about your bankruptcy options.

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