Florence Chapter 13 Bankruptcy Lawyer

Experienced Kentucky Debt Reorganization Lawyer

If your debts have gotten out of hand to the point where your monthly income is not sufficient to cover all your debt payments on top of your and your family's basic needs, reorganizing your debts under a Chapter 13 payment plan may be the best option for you.

Since 1990, Florence Chapter 13 bankruptcy attorney L. Craig Kendrick has helped clients throughout Northern Kentucky overcome their financial troubles with the help of the bankruptcy courts. To schedule a free consultation with a dedicated legal advocate, contact L. Craig Kendrick today.

Reorganizing Your Debts on a Plan You Can Afford

Chapter 13 bankruptcy is a procedure that allows individuals to place their debts in an affordable payment plan, overseen by a Bankruptcy Trustee and the court. It is similar to Chapter 7 bankruptcy in certain ways but very different in other important ways. Key advantages include the following:

  • Avoid foreclosure and repossession: If you have fallen behind on your mortgage or auto payments, a Chapter 13 payment plan may allow you to catch up your missed payments on an affordable schedule without any additional interest.
  • Reduce the overall amount you owe: In a Chapter 13 payment plan, you may only have to repay a small percentage of certain unsecured debts. Some auto debts, second mortgages and other secured debts can also be "crammed down" - reducing the outstanding balance or the interest rate - in a Chapter 13 bankruptcy.
  • Put a hold on debt collection: Filing Chapter 13 bankruptcy puts an automatic stay on foreclosure, repossession, wage garnishment, harassment and other debt collection practices. Your creditors can only collect on debts with the permission of the bankruptcy court.

Attorney L. Craig Kendrick serves as a Chapter 7 Bankruptcy Trustee and has the contacts with experienced accountants and tax attorneys to assist in your declining financial needs. His firm understands the process of putting together a Chapter 13 repayment payment plan that will fit your needs.

Call 888-856-8043 to Learn More About Chapter 13

Mr. Kendrick will take the time to carefully evaluate your financial circumstances in order to advise you on whether Chapter 13 is right for you and, if so, what approach to take to get the best possible results. Don't hesitate to contact him to schedule a free initial consultation.

We are a Debt Relief Agency. We help people file for Bankruptcy relief under the Bankruptcy Code