A Fresh Start Begins Here
Financial difficulties can happen to anyone. Job loss, medical expenses, divorce, business setbacks, and unexpected life events can create debt that feels impossible to overcome. Bankruptcy is a legal tool designed to provide relief, stop creditor harassment, and create a path toward financial stability.
At JT Skinner P.S.C., we help individuals, families, farmers and business owners throughout Western Kentucky understand their options and make informed decisions about their financial future. Whether you are facing foreclosure, wage garnishment, repossession, overwhelming credit card debt, or business insolvency, we provide practical guidance and experienced representation every step of the way.
Relief Today. A Fresh Start Tomorrow
How Bankruptcy Can Help:
Filing bankruptcy may allow you to:
✓ Stop creditor collection efforts
✓ Halt foreclosure proceedings
✓ Prevent vehicle repossession
✓ End wage garnishments
✓ Eliminate qualifying unsecured debt
✓ Reorganize debt into affordable payments
✓ Protect exempt property under Kentucky and federal law
✓ Obtain a fresh financial start
Every situation is different. We will carefully evaluate your circumstances and explain the advantages and potential consequences of each available option.
Chapter 7 Bankruptcy
Debt Relief Through Liquidation
Chapter 7 bankruptcy is designed to provide a fresh start by eliminating many types of unsecured debt, including: Credit card debt, Medical bills, Personal loans, Certain judgments, Deficiency balances. Many individuals who qualify for Chapter 7 are able to retain their homes, vehicles, and personal property through available exemptions. We will help determine whether Chapter 7 is appropriate for your circumstances and guide you through every stage of the process.
Chapter 13 Bankruptcy
Reorganization and Protection
Chapter 13 bankruptcy allows eligible individuals to restructure debt through a court-approved repayment plan. Chapter 13 may be appropriate if you: Have fallen behind on mortgage payments; Need to stop foreclosure; Have tax obligations; Earn too much income for Chapter 7; Need time to catch up on secured debts. A successful Chapter 13 plan can provide breathing room while allowing you to keep important assets and work toward long-term financial stability.
Small Business Bankruptcy
Solutions for Business Owners
Business owners face unique financial challenges. Whether you operate a family business, farm operation, professional practice, or closely-held company, financial distress requires careful planning. We assist clients in evaluating options involving: Business debt restructuring; Chapter 11 reorganization; Business liquidation; Personal guarantees; Creditor negotiations; Asset protection planning; Our goal is to help you understand all available options before making critical financial decisions.