A New Year, a New Financial Start

Wasson and ThornhillBankruptcy Advice

It’s a new year. What could be a better resolution than to get a new financial start for 2018!? What could be better than that?   An Overall New Financial Start Get a new start by discharging (permanently, legally writing off) all or most of your debts. If you have mostly consumer or small business debts you have two main … Read More

An Example Why to Keep an Open Mind about Chapter 7 or 13

Wasson and ThornhillBankruptcy Options

Why should you keep an open mind about filing under Chapter 7 vs. Chapter 13? Here’s an example why.   Last time we introduced some of the main differences between Chapter 7 and Chapter 13. We suggested that you learn about them but also keep an open mind when you go see a Louisville bankruptcy lawyer. At that meeting you will always hear … Read More

Relief from the Automatic Stay

Wasson and ThornhillAutomatic Stay

Creditors sometimes ask the bankruptcy court for permission to take certain collection action against you or the collateral.   In our last blog post we talked about the “automatic stay.” It’s one of the most important benefits of filing bankruptcy. It’s certainly the fastest, going into effect immediately when you or your Louisville lawyer files your bankruptcy case. The automatic … Read More