We are often asked: “What are exemptions in a bankruptcy in Louisville and across Kentucky? The simple fact of the matter is that bankruptcy helps you to protect a lot of your personal belongings and other assets. “Exemptions” are specific provisions in federal law as well as Kentucky state law...
The Difference Between Chapter 7 and Chapter 13 Bankruptcy Options
What is the difference between chapter 7 and chapter 13 bankruptcy. Neither chapter is better, they are simply different. It is really a choice between developing a plan to restructure your debt and work through it or to effectively start over. Ultimately what many people really need is known...