- Kentucky Bankruptcy
Steiden Law Offices | Kentucky
Kentucky is known as a place to dream big and enjoy life. It is home to many iconic American people, brands and pastimes, including the Kentucky Derby, Jack Daniels, the Hatfield's (and the McCoys), Kentucky basketball, James Bowie, Jefferson Davis, George Clooney, Johnny Depp, Ashley Judd and Muhammad Ali.
With such an impressive history, Kentucky will always be a place for innovators, creators, business people and leaders. This has led many individuals to take financial risks in order to develop their ideas or grow their business. Although many have succeeded, there are many more that did not achieve the success that they set out for. This problem can be compounded if this failed attempt includes taking on large amounts of debt that are difficult to pay back.
Kentucky Bankruptcy Attorney
If you have accumulated an unsustainable amount of debt as either a consumer or business owner, Kentucky law provides for protection in the form or a bankruptcy filing. This can effectively liquidate or reorganize your debt in a way that gets you back on track and moving forward with your life.
This is where the services of a qualified bankruptcy attorney are vital in your ability to get back on your feet and moving again. Eric Steiden is a dedicated and aggressive Kentucky bankruptcy attorney who has spent the past 17 years working with individuals and businesses to solve their legal financial problems. With over 6,000 hearings under their belt, the attorneys at Steiden Law Offices are well prepared to take on your case and put you on a path to prosperity.
Steiden Law Offices has two Kentucky locations, one in Florence and the other in Covington. In addition to serving the residents of these two great cities, the law firm proudly represent those dealing with debt issues in Erlanger, Edgewood, Elsmere, Villa Hills, Fort Mitchell, Taylor Mill, Fort Wright, Ludlow and many more.
To schedule a risk-free consultation to go over the details of your financial situation, call (859) 581-3328 or send an online message today. Their two Kentucky offices are located at:
- 811 W. 7th St. Covington, KY 41011
- 6900 Houston Road, Unit 21, Florence, KY 41042
Bankruptcy Practice Areas
Steiden Law Offices focuses primarily on two areas of bankruptcy, Chapter 7 and Chapter 13. Each has its own set of rules and requirements, so understanding the basics components of the two will allow you to choose the right one for your personal situation.
Chapter 7 Bankruptcy in Kentucky
Commonly referred to as the "liquidation" form of bankruptcy, Chapter 7 bankruptcy is a way to discharge many of your debts through asset sales. This filing will require a person's or company's (partnership, corporation or other business entity) assets to be liquidated, with a trustee overseeing this process. The trustee will sell the liquidated assets in order to pay off debt your have incurred. This will allow you to satisfy your creditor requirements so that you can start over and have a new opportunity to achieve success
Filing for Chapter 13 Bankruptcy in Kentucky
As opposed to liquidating, a Covington Chapter 13 bankruptcy filing allows you to reorganize or restructure your debt. Chapter 13 of the U.S. Bankruptcy Code enables individuals and businesses with regular income to hold on to their property and pay off some or all of their debts over a three to five year payment period. This chapter is an alternative for those individuals whose income is too high to qualify for filing under Chapter 7, or who need to protect non-exempt assets.
Proudly Serving the State of Kentucky
Steiden Law Offices is committed to representing the individuals families and businesses of Northern Kentucky. This includes the cities in both Kenton County and Boone County:
- Villa Hills
- Fort Mitchell
- Taylor Mill
- Fort Wright
- Crescent Springs
- Crestview Hills
- Park Hills
- Lakeside Park
- Ryland Heights
- Kenton Vale
Kentucky Bankruptcy Legal Resources
U. S. Bankruptcy Court - Eastern Kentucky – This is the primary website for the Eastern District of Kentucky Bankruptcy Court. It offers information on new standing orders, locations, mission statements, judges, processes, opinions and frequently asked questionsU.S. Bankruptcy Court
100 E. Vine St. Suite 200
Lexington, KY 40507
U.S. Bankruptcy Court – Western Kentucky – This is the home website for the United States Bankruptcy Court, Western District of Kentucky. The site contains resources and links on filing requirements, case information, fee information, FAQs, local rules and contact information.U.S. Bankruptcy Court
601 West Broadway, Suite 450
Louisville, KY 40202
Steiden Law Offices | Northern Kentucky Bankruptcy Lawyer
Waiting for a problem to remedy itself is a recipe for disaster. Kentucky residents have always been known to have "can-do" attitudes where nothing will stop them from achieving their dreams. This insistence on moving forward is paramount when it comes to a bankruptcy situation. Sitting on your hands, hoping for a miracle, has not been a good strategy for consumers and business owners, so finding the next best alternative is vital.
Bankruptcy protection allows you to restructure your debts in a manner that frees you from the shackles of debt so that you can learn from your mistakes and try again. Steiden Law Offices is dedicated to helping Kentucky residents with their legal financial problems by representing them through the complicated process of bankruptcy. With 17 years of experience, Eric Steiden is positioned to offer honest, insightful and professional advice that will make the restructuring or liquidation or your debt as simple and straightforward as possible.
Call (859) 581-3328 or send an online message today to schedule a free and confidential consultation to discuss your financial situation with Eric and staff at their Covington or Florence office location. Steiden Law Offices proudly serve Kentuckians throughout Kenton County and Boone County.