Are you wondering how to file Chapter 13 bankruptcy near Churchill Downs in the Louisville area? The neighborhoods south of Churchill downs are peaceful retreats from the hustle of the city and its events. The communities of Churchill Downs, Taylor Berry, Wyandotte and Hazelwood are conveniently located and beautiful in their own unique ways.
What happens if changes in the economy or your work situation put you a bit behind on your bills? Are you concerned about losing the home you love in these neighborhoods to repossession or foreclosure? My name is John Schmidt and I have served the greater Louisville area communities for more than 25 years. I understand how you feel about your home and neighborhood, and I want to help you to protect it.
There are as many reasons why people find themselves a bit behind these days are there are homes in these beautiful suburban neighborhoods. The question isn’t why, the question is how you’re going to work through things while keeping the home you love. One option could be a Chapter 13 bankruptcy.
What is the process to file Chapter 13 bankruptcy near Churchill downs in Louisville? How does chapter 13 work and what qualifies you for chapter 13 bankruptcy in communities like Churchill Downs, Taylor Berry, Wyandotte and Hazelwood in Louisville?
The process usually begins with scheduling an appointment or phone call to discuss your unique circumstances, the challenges you are facing and your available options. This consultation is free and substantive. Our goal together is to talk about your situation, which bankruptcy option might be best and the steps involved in the process of filing bankruptcy. Many of our clients tell us they left that conversation with relief, peace of mind, renewed hope and an understanding of where they were going financially, and how they were going to get there.
The first step in how to file Chapter 13 bankruptcy anywhere in Louisville, Shepherdsville, Mount Washington, Shelbyville, Taylorsville, Radcliff, Elizabethtown, or Jeffersontown is to make sure it is the best option for your unique circumstances. There are two primary bankruptcy options for an individual: Chapter 7 or Chapter 13. Chapter 7 is designed to discharge every possible debt with the exclusion of “non-dischargeable debts” such as recent taxes, unpaid child support and student loans. Chapter 7 is usually best for those with less property and substantial personal debt such as credit cards, personal or payday loans and/or medical bills.
Chapter 13 is basically a structured reorganization over 3 to 5 years. You are able to protect assets like your home and car and yet discharge a lot of other forms of debt. Chapter 13 is often called a “wage-earners bankruptcy” as it requires a consistent, documentable source of income (such as a regular paycheck).
If you are concerned about keeping your home in the communities of Churchill Downs, Taylor Berry, Wyandotte and Hazelwood you will need to consider a Chapter 13 bankruptcy. Let’s talk about your unique circumstances and how an experienced bankruptcy attorney from the Law Offices of John Schmidt & Associates PLLC can help to protect the home you love in the community you care so much about. We can help you to put an immediate stop to not only the collection calls and harassment, but any potential foreclosure on your home.
We invite you to contact us via e-mail, schedule an appointment or call us today at (502) 509-1490 to get the answers you need and relief from financial challenges and creditors. I can help you to get the answers you need and the peace of mind you deserve.
