Many older debtors in Kentucky may consider filing for bankruptcy because of their substantial medical debt, and they would not be alone. Medical debt is the top reason for personal bankruptcy filings in the country. People who are 65 years or older file almost eight...
Month: November 2017
Foreclosure has begun: Can you stop it?
No matter how long you've lived in Kentucky, the ebb and flow of the local and national economy has likely caused you financial challenges at some point. Perhaps, after you purchased your home, money was a little tight. After all, a move-in cost is always a bit higher...
Roadways are more dangerous during Thanksgiving
Thanksgiving may just be the deadliest holiday for Americans, according to data from the National Highway Traffic Safety Administration. The agency's Fatality Analysis Reporting System showed that there were 764 fatal car crashes on Thanksgiving in 2012. There were...
Use means testing to determine bankruptcy eligibility
You are struggling financially and are not sure what to do about it. You've probably heard about a lot of quick fix solutions that really will end up doing more harm than good. You are now considering bankruptcy, but you aren't sure if it is the right choice for you...
Bankruptcies dropping within stable economy
Bankruptcy law offers people in Kentucky an option for managing debts, but fewer people have resorted to court action in the past year. A report from the Administrative Office of the U.S. Courts showed a decline in bankruptcy filings. They have gone down to their...
Taking charge of your credit card debt
Believe it or not, the holidays are just around the corner. The leaves in Kentucky are starting to change, and before you know it, families will be gathering for festive celebrations. Maybe you're excited for this time of year, or maybe your credit card debt has you...
Signs of aggression, anxiety may indicate potential dog attack
As an animal lover, you may feel that all dogs deserve a chance at a happy life. However, you may also know that certain situations could arise in which a dog may attack a person and leave him or her with serious injuries. As a result, you certainly want to remain...
Controversy over Chapter 13 debt limit
The debt limits that could prevent some debtors in Kentucky from qualifying for Chapter 13 bankruptcy protection were set in 1978. A judge addressing the American Bankruptcy Institute Commission on Consumer Bankruptcy questioned these arbitrary limits and called for...