Skilled Guidance For Individuals And Creditors
Bankruptcy laws in Kentucky and at the federal level are very complex. Whether you need to file for bankruptcy or need help collecting debts from someone who has filed for bankruptcy, it takes skill, experience and careful attention to detail to make sure it is handled correctly.
At Sheehan, Barnett, Dean, Pennington, Dexter & Tucker, P.S.C., in Danville, our attorneys offer in-depth knowledge of bankruptcy law. With our combined experience, we have what it takes to help individuals as well as creditors navigate the bankruptcy process.
Helping You Seek Relief From Debt
Facing overwhelming debt can be frightening. You may be worried about how you will make ends meet while keeping creditors at bay. When there is no foreseeable way out of debt, bankruptcy may be the right option.
Although some people view bankruptcy as a sign of failure, that could not be farther from the truth. Bankruptcy is a responsible way for dealing with debt that has become too much to manage. By filing for bankruptcy, you show the court that you are serious about getting back on track.
Depending on which type of bankruptcy you file — Chapter 7 or Chapter 13 — you will either discharge many of your debts or create a repayment plan that will last up to five years. Our attorneys will carefully assess your situation and help you determine the approach that best suits your situation.
Many people are able to keep most or all of their possessions even after filing for bankruptcy. Don’t wait to seek the relief you need.
Skilled Assistance For Creditors
While bankruptcy can be beneficial for individuals, it can create challenges for creditors. When a debtor files for bankruptcy, however, creditors still have rights.
We understand the challenges you face when a debtor files for bankruptcy. Our lawyers have decades of combined experience protecting the rights of creditors. We will seek to minimize the effects of a debtor’s bankruptcy filing on you and your operation.