chapter 7 bankruptcy

Chapter 7 Bankruptcy Attorney in Bowling Green, KY

Bankruptcy is a scary thought for most people. Most people are unfamiliar with the process and fear that filing could make their difficult situation even worse. Chapter 7 bankruptcy can provide a fresh financial start and can enable you to keep your home, to pay your mortgage, and to eliminate garnishments, medical bills, credit card debt, and other debts. Many people find themselves in a bad financial situation after an illness, injury, job loss, or the death of a spouse of loved one. Bankruptcy, while it does remain on your credit report for years, can actually improve your credit score within approximately 6 months.

A skilled Chapter 7 bankruptcy attorney in Bowling Green can make a tremendous difference in navigating each step of preparing and filing for bankruptcy. Lanna Martin Kilgore has practiced in Bowling Green, Warren County, Kentucky, for more than 20 years. Contact her today to see if you qualify for Chapter 7 bankruptcy and what the benefits of Chapter 7 bankruptcy can be for you!

Qualifications for filing for Chapter 7 bankruptcy in Bowling Green

Under federal bankruptcy law, people who have become insolvent — or unable to repay their debts — are entitled to certain specific types of protection and relief.

Your income level determines your eligibility to file for Chapter 7 bankruptcy. If your current monthly income is less than the state median, you are eligible. If it is more, you need to take the bankruptcy means test to determine whether you can file for Chapter 7 bankruptcy or should consider Chapter 13 bankruptcy. If your debts are primarily business obligations, then you may be exempt from the means test.

To find out which bankruptcy option best suits you, contact an experienced bankruptcy attorney in Bowling Green at Lanna Martin Kilgore, PLLC, and get started on the path to financial freedom today.

What happens after filing for bankruptcy?

Chapter 7 bankruptcy liquidates your non-exempt assets and distributes the proceeds to your creditors. Filing does not lead to the permanent ruin of your credit, as many people fear.

Some of the major benefits of Chapter 7 bankruptcy include:

  • Stopping creditor harassment: Creditors and collection agencies bothering you at work and home - and calling at all hours of the day - ends. This includes phone calls, letters, lawsuits and contacting your co-workers and family members.
  • Stopping debt collection proceedings: Wage garnishment, repossession, foreclosure and other debt collection proceedings may end.
  • Eliminating debt: Bankruptcy court can discharge, and sometimes permanently eliminate, some types of debt, such as credit card, medical bills and tax debts that are more than three years old. This may put you on the road toward rebuilding your credit.

To understand what you can expect when filing Chapter 7 bankruptcy in Kentucky thoroughly, turn to Bowling Green debt relief attorney Lanna Martin Kilgore for our in-depth knowledge of bankruptcy laws and proceedings. We will help you determine whether bankruptcy is right for you.


A skilled Kentucky Chapter 7 bankruptcy attorney - and the first step toward financial freedom - is a phone call away

If you are considering filing for Chapter 7 bankruptcy, we can help. We have a proven track record in getting people like you a fresh financial start. Call us at (270) 846-3700 or contact Lanna Martin Kilgore, PLLC online to schedule a confidential consultation at our welcoming and comfortable law office.