Recent News
Divorce and Medical Expenses in Top Ten List of Causes of Debt
In a recent article, Bankrate.com lists the top 10 causes of debt: http://www.bankrate.com/finance/debt/top-10-causes-of-debt-1.aspx If you live in Kentucky, and are facing what you think is insurmountable debt, we would be happy to discuss the option of bankruptcy...
How Does a Court Judgment Affect my Real Estate and What can I Do about It?
Boston Bankruptcy Attorney Nicholas Ortiz has a good blog post on how judgments affect real estate or land: http://www.bankruptcylawnetwork.com/2009/09/30/how-does-a-court-judgment-affect-my-real-estate-and-what-can-i-do-about-it/ Kentucky law is similiar in that...
The Dangers of Personally Guaranteeing Business Debt
The Wall Street Journal has a recent article outlining the perils of personally guaranteeing business debt. We often have clients that have done this, even putting up their personal home as collateral for business loans. When considering bankruptcy, it is very...
"Declaring" Bankruptcy
A character in a recent popular sitcom "declared" bankruptcy to his fellow office workers and then began cutting up his credit cards. Unfortunately, filing bankruptcy is not that easy. Always consult with a qualified bankruptcy attorney about your situation. This...
Listing Possible or Potential Claims in Bankruptcy
When filing bankruptcy, it is very, very important to tell your attorney about ANY and ALL possible or potential claims that you have or may have against anyone. If you don't list these claims in your bankruptcy filing, then it is quite likely that you will be...
GM Adds Third Shift To Three Plants
This is good news. Hope it eventually leads to increased shifts/work at the General Motors Assembly Plant in Bowling Green, KY, in my backyard. These folks really need to get back to work !...