by John Rogers | Jan 23, 2014 | Chapter 7 Bankruptcy, Consumer Alerts, Consumer Bankruptcy Attorney
During a Chapter 7 bankruptcy all unsecured debts are discharged. Debts that are secured by collateral (e.g. car loans) must be paid or the collateral must be returned to the lender. Occasionally an individual considering Chapter 7 bankruptcy will own a vehicle that...
by John Rogers | Jan 16, 2014 | Chapter 7 Bankruptcy, Consumer Alerts, Consumer Bankruptcy Attorney
Debtors in Chapter 7 bankruptcy are required to give up “nonexempt” property that they own at the time of filing; they are allowed to keep both “exempt” property that they own at the time of filing and any property that they receive a right to...
by John Rogers | Jan 10, 2014 | Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Consumer Alerts, Consumer Bankruptcy Attorney
It will soon be that time of year for tax refunds. We have questions from folks as to whether they can file Chapter 7 bankruptcy before filing taxes and still keep their tax refunds coming to them after they file bankruptcy or whether they can keep a tax refund...
by John Rogers | Jan 6, 2014 | Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Consumer Alerts, Consumer Bankruptcy Attorney
At Kentucky Bankruptcy Attorney John Rogers, Attorney at Law, we would like to take just a moment to thank all of the folks who chose us in 2013 to help them with their financial situations. Also, we receive many referrals from past clients who refer their family and...
by John Rogers | Jan 3, 2014 | Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Consumer Alerts, Consumer Bankruptcy Attorney
Yes, car lots that finance the purchase of car are very common and do have to be listed as a creditor in your bankruptcy and the vehicle you purchased does have to be listed as an asset. If you have such a vehicle loan, be sure and tell your bankruptcy attorney about...
by John Rogers | Jan 1, 2014 | Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Consumer Alerts, Consumer Bankruptcy Attorney
The end of the year and the beginning of a new year is often a good time to evaluate your financial circumstances and, if appropriate, consider whether getting a fresh start by filing bankruptcy is the best option for you. There are many things to consider when...
