So, if you don’t have to file quickly, wait Louisville Bankruptcy Lawyer until you have the full filing fee so you don’t risk a dismissal later if you’re late with a payment. Yes, it is possible to try negotiating with your creditors before or after the wage garnishment order is put in place. This can be a particularly useful option if anything changes in your life, such as receiving a significant tax refund. When this happens, many people ask their creditors if they can use a refund to settle their debts. Below is the contact information for the trustees (Stephen Reisz and many others) in Panel Trustees Bankruptcy Court, Western District. First, you must understand that the job of a panel trustee is to ensure the accuracy of a petition and to collect any asset that is available for the benefit of creditors.

Can You Spend Money After Your 341 Meeting?

Our attorneys will help you figure out what your best next steps are. The sooner you have a plan of action, the sooner you can get relief from your garnishment. Lenders may either decide to keep your car as compensation for your debt or resell it.

Chris handles each case from intake, to preparation, to filing and court appearances. At Christopher Kurtz Law Office, you can expect personal contact for every call, meeting or issue that comes up during your case. At the Christopher Kurtz Law Office, we have a positive record of successful challenges for commercial real estate tax increase. We can help you save hundreds—or possibly even thousands or hundreds of thousands—of dollars in annual taxes by filing a commercial real estate tax appeal. Assessors use different methods to determine the fair market value of your property, including the income approach, the market sales approach, or the cost approach. Attorney Christopher Kurtz can address any of these approaches in a knowledgeable manner.

How Do Bankruptcy And Divorce Affect Each Other?

There are instances where a creditor may attempt to repossess your vehicle immediately following your first missed payment. In some cases, this may be how they make their living – by repossessing their vehicle at the first chance they get and then selling it off immediately, over and over again. It is an unfortunate scenario, but this is legal and it does happen.

Technically, the damage that’s done to your credit score comes more from the missed payments rather than the garnishment itself. There are a few exceptions to the automatic stay that generally have to do with child support and alimony obligations. Under some circumstances, a creditor can also ask the bankruptcy court for permission – motion for relief from the automatic stay – to resume collection efforts. These are most common when the creditor’s claim is supported by an interest in collateral.

Why Choose Christopher Kurtz Law Office?

Chapter 7 filings, from start to finish, usually take only a few months to complete. Chapter 13 filings, however, can take anywhere from three to five years in total. Consider the pros and cons of both chapters before you take the means test. Examining the benefits that each chapter provides for your situation is one important way of researching the process before you dive in head first. You may find that the federal bankruptcy exemptions protect more of your real and personal property than your state bankruptcy exemptions.

Attorneys will ask for either the plan payments or part of their attorney fee before filing a Chapter 13 case to ensure the client plans to make the payments into Chapter 13. How much your bankruptcy lawyer will require upfront depends on your case and often how difficult it will be to confirm the plan. An average consumer case often looks at 1000 to 1500 plus the filing fee for Chapter 13. The bank can file a motion to terminate the stay because the debtor is not making mortgage or car payments on time.

At the end of the payment plan, any remaining unsecured debts will be eliminated and you will be up to date on your secured obligations. Contact us today for a free consultation about your fresh start. Our friendly attorneys, Leeann and Ally, are ready to help you.

When the bank files foreclosure, they hire an attorney at $250 to $350 per hour. Unfortunately, he gets paid to take your home as quickly as possible. If you are being sued, do not wait until after they garnish 25% of your wages and attach your home. It takes extra work and expense to remove a judicial lien or go to court to get money back.

If you are already behind in payments to a creditor or have a pending lawsuit, a garnishment is very possibly the next step. It may be in your best interest to file bankruptcy sooner rather than later in order to prevent that creditor from garnishing the money you need to pay your bills. While filing bankruptcy works briefly, it is not the end-all-be-all for your financial woes. For more specific information related to the benefits of bankruptcy, we recommend reading our related article.