Legal Question in Bankruptcy in Kentucky

Lease and credit cards

I am thinking of filing for bankruptcy. I have a monthly income of 700 dollars. I have a lease of which I pay $310 per month. I also have $120 per month car payment. 150$ per month insurance. I owe approxamately $3000 in credit card bills to 3 different compnanies. I have $100 per month in student loans. From this info would bankruptcy help me and would it eliminate the lease and credit cards? Do I have to have a lawyer, which I obviously can't afford, or can I file on my own? Also what is the difference between chapter 7 & 13, which would be better for me?


Asked on 3/12/01, 7:20 pm

1 Answer from Attorneys

John Rogers John Rogers, Attorney at Law

Re: Lease and credit cards

Yes, you need to discuss this with an attorney as soon

as possible. I would be happy to discuss this with you

by phone. What county in Kentucky do you reside in ?

You can probably discharge the credit card debt and

the lease debt. Is it a lease on a vehicle ? Please feel

free to call me at 270-651-7777

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Answered on 5/22/01, 10:02 pm


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