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As the last few months showed, debt can become overwhelming and there may be sudden financial reverses. A Chapter 13 bankruptcy is one option that allows you to pay off debt with your earnings over a few years under a court approved plan. Leaving this protection early...

Bankruptcy is often considered an option of last resort for individuals with insurmountable debts. However, Kentucky residents should be aware that bankruptcy is a legal process that allows people to pay off their creditors, eliminate their debts, and wipe their...

When spouses have joint children upon divorce, custody can be determined by either a parenting agreement or court order. If by a parenting agreement, the parents have often separated amicably and created an agreement between themselves or have established the...

The bankruptcy process can come as a relief to those in the Owensboro area who are burdened with overwhelming debts that they simply have no means of paying back. In a Chapter 7 bankruptcy, a debtor’s nonexempt assets are liquidated to pay back the debtor’s creditors....

Visitation guidelines aid co-parenting relationships. Unless circumstances dictate otherwise, Kentucky courts impose visitation schedules to ensure children receive adequate time with both parents. In addition to providing general guidelines for all children, Kentucky...

One of the most valuable assets you may own, financially and emotionally, is the family home. This can make it tempting to dig your heels into the ground during a divorce and fight with all you have to keep it. However, you must take a step back and think, “Is keeping...

Bankruptcy can discharge many debts and can lead to the fresh financial start you need moving forward. However, one concern many who file for bankruptcy have is whether they can ever get a mortgage again. Homeownership is important to many in the Owensboro area....

There are many reasons a Kentucky couple might decide to end their marriage and move on. People might be under the impression that to get a divorce it is necessary to prove infidelity, substance abuse, domestic violence or one spouse simply abandoning the other. That...

When you’ve lost your job, racked up too much credit card debt or can no longer make mortgage payments, what options are there to help out? For many Kentuckians, the answer is often filing for bankruptcy. In 2019, Kentucky had almost 15,000 Chapter 7 or 13 filings,...

This has been a difficult year for many families’ finances and debt has become overwhelming. In one area, medical debt, Credit Karma analyzed its 20 million members in this country in Aug. and found that they have $45 billion of this debt in collections which averages...