Frankfort Bankruptcy Lawyers

Providing You with a Chance for a Fresh Start

Throughout the years, bankruptcy has earned a bad name for itself and those who are considering filing may be hesitant to do so. Filing for bankruptcy should be considered more of a last resort under specific circumstances rather than an offhand decision. We understand there are many reasons why a person can get into dire financial situations.

At Howard Law Group, PLLC, our Frankfort bankruptcy attorney and legal team are here to help you determine whether filing for bankruptcy is right for you. Call our firm at 502.309.2740.

When Is Bankruptcy the Right Choice?

If you feel like you are drowning in debt and unable to get out from under it or catch up with your bills, bankruptcy may be the right choice for you. Filing for bankruptcy can stop foreclosures, collection calls, lawsuits, and prevent your wages from being garnished and give you the opportunity to start fresh again. Whether you have bills overwhelming you or credit card debt and interest which keeps adding up, we are here to help.

There are a couple of options for bankruptcy that we can explore, including:

• Chapter 7: This chapter of bankruptcy is also known as liquidation bankruptcy. You do not have to repay any unsecured debts and they may even be eliminated, allowing you to start fresh. This includes credit card debt, medical bills, repossession debt, and may include a number of other debts.
• Chapter 13: If you want to hold onto certain assets and have the means to pay some each month, Chapter 13 may allow you to create a budget and plan to pay off a certain amount of your debt. Typically, this chapter of bankruptcy includes negotiating with creditors to lower the amount owed.

If you are considering filing for bankruptcy, contact our office today to schedule a consultation.