Bankruptcy

Bankruptcy Law Attorneys in Louisville, Kentucky

If you have fallen behind in your financial obligations and feel like you may never catch up, bankruptcy can provide you with necessary debt relief and a fresh start. Bankruptcy can provide you with a clean slate to build a strong financial future. However, bankruptcy has serious long-term consequences, and is not a decision to be taken lightly.

Bankruptcy lawyers at Denise Brown's Legal Direction, in Louisville, Kentucky, have been providing skilled representation for clients throughout southern Indiana and Kentucky for more than 20 years. Our attorneys provide guidance for people who are considering bankruptcy, facing mortgage foreclosure or struggling with other financial matters. We also serve creditors seeking to protect their interests.

For a complete description of our bankruptcy practice, please visit our bankruptcy website, or call 502-587-0331 to speak with one of our lawyers.

Do You Need a Bankruptcy Law Attorney?

There is a common misconception that filing bankruptcy has become nearly impossible since bankruptcy laws changed in 2005. Although there are now more steps in the process, bankruptcy is still available for those who need it.

• Chapter 7 bankruptcy — Chapter 7 bankruptcy, also known as traditional bankruptcy or debt liquidation, provides debt relief for individuals and businesses. Under Chapter 7 bankruptcy, a debtor liquidates assets to satisfy debts; most debts that cannot be satisfied through liquidation are eliminated.
• Chapter 11 bankruptcy — Chapter 11 bankruptcy allows businesses to reorganize their finances while operating under the protection of the bankruptcy court. This type of bankruptcy often allows struggling businesses to restructure existing business arrangements and develop a stronger financial future.
• Chapter 13 bankruptcy — Also known as debt reorganization or debt restructuring, Chapter 13 bankruptcy provides an opportunity for debtors to create a manageable plan to eliminate their debts. Chapter 13 bankruptcy is only available to individual debtors, not businesses.

In addition to representing debtors, we provide creditor representation in bankruptcy proceedings. If you are owed money by a debtor who is filing bankruptcy and you hope to recover any of the debt owed, you must file a proof of claim. Contact our offices today to discuss your representation.

Working With You to Find Alternatives to Bankruptcy

Although bankruptcy may seem your only option, avoiding bankruptcy is often a better choice. Bankruptcy is not a magical tool that will simply eliminate all of your financial troubles — filing bankruptcy will hurt your credit rating, and it will be reflected on your credit report for years to come. We will make sure you have considered all alternatives to bankruptcy before you file.

Rebuilding Credit After Filing Bankruptcy

At Denise Brown's Legal Direction, we provide guidance for people who want to rebuild their credit after filing bankruptcy. Rebuilding credit takes time. It will not be easy. We counsel bankruptcy clients through this process, providing them with tips to maintain and even improve their credit scores.

Call us today at 502-587-0331.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.