Top Louisville, KY Bankruptcy Lawyers Near You

Bankruptcy Lawyers | Louisville Office

500 West Jefferson Street, Suite 2000, Louisville, KY 40202

Bankruptcy Lawyers | Shelbyville Office | Serving Louisville, KY

909 Main Street, Shelbyville, KY 40065

Bankruptcy Lawyers | Louisville Office

2125 Old Shepherdsville Rd, Louisville, KY 40218

Bankruptcy Lawyers | Louisville Office

100 Mallard Creek Road, Suite 250, Louisville, KY 40207

Bankruptcy Lawyers | Louisville Office

400 W Market St, Suite 2000, Louisville, KY 40202-2898

Bankruptcy Lawyers | Louisville Office

8006 Lyndon Centre Way, Louisville, KY 40222

Bankruptcy Lawyers | Louisville Office

1717 Alliant Ave, Suite 17, Louisville, KY 40299-6302

Bankruptcy Lawyers | Louisville Office

325 W Main St, Suite 1810, Louisville, KY 40202

Bankruptcy Lawyers | Louisville Office

101 South 5th Street, Suite 2500, Louisville, KY 40202

Bankruptcy Lawyers | Louisville Office

800 Stone Creek Pkwy, Suite 1, Louisville, KY 40223

Bankruptcy Lawyers | Shepherdsville Office | Serving Louisville, KY

319 S Buckman St, PO Box 35, Shepherdsville, KY 40165

Bankruptcy Lawyers | Louisville Office

700 N. Hurstbourne Parkway, Suite 115, Louisville, KY 40222

Bankruptcy Lawyers | Louisville Office

321 W. Main Street, Suite 2100, Louisville, KY 40202

Bankruptcy Lawyers | Louisville Office

462 South Fourth Street, Suite 2200, Louisville, KY 40202

Bankruptcy Lawyers | Louisville Office

6500 Glenridge Park Place, Suite 7, Louisville, KY 40222-3450

Bankruptcy Lawyers | Louisville Office

101 South Fifth Street, 3500 PNC Tower, Louisville, KY 40202-3140

Bankruptcy Lawyers | Louisville Office

1752 Frankfort Ave., Louisville, KY 40206

Bankruptcy Lawyers | Louisville Office

125 S 6th St 3rd Fl, Louisville, KY 40202

Bankruptcy Lawyers | Louisville Office

401 West Main Street, Suite 1400, Louisville, KY 40202

Bankruptcy Lawyers | Louisville Office

400 West Market Street, Suite 3200, Louisville, KY 40202

Bankruptcy Lawyers | Louisville Office

401 West Main Street, Suite 1200, One Riverfront Plaza, Louisville, KY 40202

Bankruptcy Lawyers | Louisville Office

4360 Brownsboro Road, Suite 315, Louisville, KY 40207

Bankruptcy Lawyers | Louisville Office

710 West Main Street, 4th Floor, Louisville, KY 40202

Bankruptcy Lawyers | Louisville Office

401 South Fourth Street, Suite 1200, Louisville, KY 40202

Louisville Bankruptcy Information

Lead Counsel Badge

Lead Counsel Verified Attorneys In Louisville

Lead Counsel independently verifies Bankruptcy attorneys in Louisville and checks their standing with Kentucky bar associations.

Our Verification Process and Criteria
  • Ample Experience Attorneys must meet stringent qualifications and prove they practice in the area of law they’re verified in.
  • Good Standing Be in good standing with their bar associations and maintain a clean disciplinary record.
  • Annual Review Submit to an annual review to retain their Lead Counsel Verified status.
  • Client Commitment Pledge to follow the highest quality client service and ethical standards.

Find a Bankruptcy Attorney near Louisville

Are You Considering Bankruptcy?

If you’re overwhelmed with debt and are looking for legal solutions to solve your financial crisis then bankruptcy may be a great option for you. A skilled Louisville bankruptcy lawyer can help determine whether bankruptcy can help eliminate your debt, and get you back on your feet.

Different Types of Bankruptcy Available

Did you know there are various types of bankruptcy that each serve a different purpose and require a different skillset? A Chapter 7 Bankruptcy is one type a bankruptcy attorney may decide is the best way for you to liquidate your assets to pay off creditors. This is especially true if you currently have no income.

On the other hand, a Bankruptcy law firm may select a Chapter 13 Bankruptcy as a way for you to keep control of your belongings while paying back your creditors over time.

What is bankruptcy?

Bankruptcy is a legal process that allows people to get out from under debts that are causing serious financial harm. Through the bankruptcy process, you may be able to get rid of debts like medical bills, credit card bills, and other unsecured debts. Factors such as your income and whether you have assets that you can sell to pay off some of the debts are taken into account when filing for bankruptcy and will determine what happens.

What happens when I file for bankruptcy?

When you file for bankruptcy, you will be under a federal bankruptcy court’s supervision and protection. During this time, you, your lawyer, the court, and your creditors will work on a plan for discharging your eligible debts. Collectors will also be unable to repossess property and garnish your wages or bank accounts during this time.

How much does it cost to file for bankruptcy?

There is no easy answer to this question. The ultimate cost will be a mix of court filing fees and what you owe your attorney for guiding you through the process. What you owe will depend on how complicated your case is and whether there are any prolonged disputes with creditors. Most likely, however, the debt relief that comes with bankruptcy will outweigh any fees.

How long does bankruptcy stay on your credit report?

A Chapter 7 bankruptcy filing will stay on your credit report for up to 10 years, while a Chapter 13 will remain for up to seven years. A bankruptcy filing will also harm your credit score. However, if you need to file for bankruptcy, it’s likely your score is not that high anyway, and your bankruptcy will give you a chance at a fresh start and time to rebuild your credit score.

Top Questions to Ask When Hiring an Attorney

  • How many years have you been practicing law? How long have you practiced law in the local area?
  • How many cases similar to mine have you handled in the past?
  • What is the likely outcome for my case?

In legal practice, experience matters. An experienced attorney will likely have handled issues similar to yours many, many times. Therefore, after listening to your situation, the attorney should have a reasonable idea of the time line for a case like yours and the likely resolution.

Top Questions to Ask a Lawyer

  • What is the usual process to resolve my case? How long will it take to resolve this?
  • What are likely outcomes of a case like mine? What should I expect?

An experienced lawyer should be able to communicate a basic “road map” on how to proceed. The lawyer should be able to walk you through the anticipated process, key considerations, and potential pitfalls to avoid. Once you’ve laid out the facts of your situation to the lawyer, he/she should be able to frame expectations and likely scenarios to help you understand your legal issue.

How will an attorney charge me?

A reputable attorney will be very upfront about how he/she will charge you. The three most common fee structures that attorneys use to charge for their services are:

  • Bill by the hour
  • Contingent fee agreement
  • Flat fee agreement

Depending on your specific legal situation, it’s possible that only one type of fee structure is available. For instance, criminal defense attorneys almost always bill by the hour. In a flat fee arrangement, an attorney accepts a one-time payment to help you resolve your issue. With a contingent fee agreement, the client pays little to nothing upfront and the attorney receives a percentage of the money recovered if you win your case.

Common legal terms explained

Personal jurisdiction – Requirement that a particular court have authority over a person, in order to bind that person to the judgment of the court, based on minimum contacts. International Shoe Co v. Washington is a landmark Supreme Court case outlining the scope of a state court’s reach in personal jurisdiction.

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