Recent News
Who is the Chapter 13 Bankruptcy Trustee and What Does He Do ?
All Chapter 13 cases have a Trustee. He is responsible for the overall administration of your case. In all cases in the Western District of Kentucky, the Trustee is William W. Lawrence. He has many active files in addition to yours. The Trustee’s duties are found in...
How do I know when my bankruptcy case is completed, and I am no longer in bankruptcy?
At the conclusion of an individual’s bankruptcy case, the court enters an order closing the case, and a copy of this order is sent to the debtor. Unless the trustee has assets to distribute to creditors, case closing takes place fairly quickly in Chapter 7 cases. In...
Getting The Runaround on Complaints ? Consumer Finanancial Protection Bureau New Online Complaint Form !
The Consumer Financial Protection Bureau continues to innovate and offer new ways to really help consumers. They now offer an online complaint form to file complaints regarding consumers experiences with banks and other financial companies. Having a dispute with a...
What should a bankruptcy debtor do if a creditor does demand payment of a debt that is listed in the bankruptcy schedules ?
If a creditor who is listed in the debtor’s schedules attempts in any way to collect a scheduled debt, the debtor should inform the creditor that a bankruptcy case has been filed and request that the creditor stop the collection efforts. If the debtor is represented...
If a debtor is behind in house or car payments, can Chapter 7 stop a foreclosure or repossession from taking place?
Whenever any bankruptcy case is filed, the creditors are usually stopped from taking action to collect the debts that were owed at the time of the bankruptcy. This feature of bankruptcy is called the "automatic stay." The automatic stay, if it applies, stops a...
How does Chapter 13 Bankruptcy Work?
Debtors in Chapter 13 keep all of their property, whether or not it is exempt, but they make regular payments on their debts out of the money that they earn after filing the bankruptcy case. These payments must be at least as much as would have been paid to creditors...