CHAPTER 7

If You Could Get a Fresh Start From Debt What Would You Do?

If you are like most Americans, you never intended to get buried in debt. It doesn’t take much. One maxed-out credit card, a lost job or an illness and you suddenly find yourself juggling payments between your creditors. Skip one payment and your fees and penalties add up. No, it does not take much, and now you may be wondering how you’re ever going to discharge debt.

If you find yourself drowning in debt, contact a Northern Kentucky Chapter 7 bankruptcy lawyer or call Rauf & Smith at 859-474-1130 or fill out our contact form for a free initial consultation. We will work with you personally to determine whether Chapter 7 bankruptcy is right for you.

Start Getting Clear of Your Debts

By filing for Chapter 7 bankruptcy, you can start getting clear of your debts. At the Covington, Kentucky, law firm of Rauf & Smith, we want to help. Attorney Thomas Rauf has been helping individuals, families and business owners make a fresh start. We focus on bankruptcy and tax debt relief.
We won’t judge you for being in debt. We’re here to help. During your free consultation, we fully explain the bankruptcy process and address any questions or concerns you may have. From credit card debt to tax debt to mounting medical bills, we can help you get the debt relief you are entitled to under the law.
What Can Chapter 7 Bankruptcy Do for You?
When you file for Chapter 7 bankruptcy, it will put a stop to wage garnishment and creditor harassment. Under Chapter 7 bankruptcy there is no payment plan. It is a complete discharge of most debts. Within four to five months after you file, you will be completely debt free in most cases.

Qualifying for Chapter 7 Bankruptcy

Under recent changes to the federal bankruptcy laws, it is now more difficult to qualify for Chapter 7 bankruptcy. If you are interested in filing for personal bankruptcy, you should speak with an experienced lawyer. At Rauf & Smith, we can help you determine whether you qualify for Chapter 7 through the means test, and whether there may be appropriate alternatives, including the potential for loan modification. Many people who think they will not qualify for Chapter 7 often end up being approved.

Maintain Your Credit and Protect Your Assets

Contrary to popular belief, filing for bankruptcy will not ruin your credit forever. While filing for bankruptcy will have an effect on your credit, as long as you continue to make your payments on time following the dissolution of your debt, you will be able to rebuild your credit. A common misconception about Chapter 7 is that if you file, you will be forced to give up your home, car and other assets. However, in most cases people are able to maintain all of these valued assets.

Credit Counseling

If you are going to pursue personal bankruptcy, you have to undergo credit counseling. This federally mandated requirement will help you understand what you can do to rebuild your credit, avoid future debt and plan for the future. We can help you discharge your debt, and with the right counseling, you will be moving toward a debt-free future.

Call a Kentucky Bankruptcy Attorney for a Free Initial Consultation

If you have questions about complete discharge of your personal debt, contact a Kentucky bankruptcy attorney or call us at 859-474-1130 for a free initial consultation. As soon as you file, you will end creditor harassment, stop wage garnishment and find yourself on the road to debt relief.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.