We offer free bankruptcy consultations. Schedule your appointment today!
You can have a fresh start
Kentucky Bankruptcy
At Atkinson, Simms & Kermode PLLC, we are committed to offering debt relief solutions to clients in Kentucky. We are your trusted bankruptcy attorneys in KY! We focus solely on debt relief services – offering personal bankruptcy solutions.
Our team of bankruptcy attorneys provides experienced representation for Chapter 7 and Chapter 13 cases. We have built a reputation based on trustworthiness and professionalism, so you can be assured that you’re in good hands as we work to help you regain your financial footing.
Exploring Possible Debt Relief Options
John Simms shares how our caring team of bankruptcy lawyers counsel and guide you toward relief.
OVERCOMING STUDENT LOAN DEBT
Ryan Atkinson shares solutions for people who are overwhelmed with student loan debt.
Debt Relief is Not a “One-Size-Fits-All” Approach
J.D. Kermode explains how we inform clients of their debt relief options and help them navigate the best solution.
What People Say About Us
Client Reviews
We understand how bad financial situations can happen to good people.
With over 100 years of combined experience, we understand how bad financial situations can happen to good people. We extend understanding, compassion and knowledge to help individuals overcome financial strain. If you are experiencing financial difficulty, call us today to schedule your free bankruptcy consultation. We are your trusted bankruptcy attorneys in KY.
Common Questions About Bankruptcy in Kentucky
| CHAPTER 7 | CHAPTER 13 |
|---|---|
| We use a formula to determine your eligibility to file a Chapter 7 bankruptcy. This formula is based on your income, property, assets and debt you owe. | To file a Chapter 13 bankruptcy, you must have some form of income. Often, debts can be restructured into payments you can afford. |
| CHAPTER 7 | CHAPTER 13 |
|---|---|
|
|
| CHAPTER 7 | CHAPTER 13 |
|---|---|
|
|
| CHAPTER 7 | CHAPTER 13 |
|---|---|
| No, but it can delay it. However, the house or property will eventually be sold. | Yes, but you must continue to make your mortgage payments after you file. |
| CHAPTER 7 | CHAPTER 13 |
|---|---|
| After filing, the process will take three to four months. | After filing, the repayment plan will take three to five years. |
| CHAPTER 7 | CHAPTER 13 |
|---|---|
| The bankruptcy will remain on your credit report for up to 10 years. However, often you can get a credit card or automobile loan after your discharge. A house loan usually takes two years after discharge. | The bankruptcy will remain on your credit report for seven years from the filing date. It is possible to borrow money, but you must get permission from the court. |
| CHAPTER 7 | CHAPTER 13 |
|---|---|
| Although a debt has been discharged, there may be a circumstance in which you want to keep that debt and continue to pay. (Example: a car loan) In order to do so, you must promise to pay the debt and file a reaffirmation agreement with the court. | N/A |