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Chapter 7 a possible route to handling debt

Having a clear understanding of existing debt is also important. This is the first step toward restructuring debt in a way that makes it easier to pay down. Consolidating debts, seeking out credit counseling and other options are available. For those in truly dire circumstances, Chapter 7 bankruptcy offers the ability to liquidate assets to pay down debt, as well as discharging unsecured debt.

No two situations are alike for Kentucky residents facing debt struggles. This is why it is so important to seek out the support and expertise of a financial professional, especially in cases where Chapter 7 bankruptcy is on the table. An attorney can help navigate the process in order to help an individual or family find financial footing on solid ground.

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Law Office of Ginger C. Cord, PSC
155 E. Main Street
Suite 330
Lexington, KY 40507

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