Are you considering filing for Chapter 7 or Chapter 13 bankruptcy in Kentucky? Although much of bankruptcy is governed by federal law, some bankruptcy-related information and law is specific to your state.
Below you’ll find Kentucky-specific information on filing for bankruptcy as well as articles on the various Kentucky bankruptcy exemptions. And for in-depth information on bankruptcy law and procedures, visit Nolo’s Bankruptcy Center.
Filing for Bankruptcy in Kentucky
In this complete guide to filing bankruptcy in Kentucky, you’ll learn about the differences between Chapters 7 and 13, the debts you can discharge, and the property you can keep using Kentucky’s exemption laws. It also explains how to qualify for bankruptcy chapters 7 and 13 in Kentucky, and includes checklists to help you navigate the process and organize bankruptcy documents, and links to a DIY bankruptcy quiz and other helpful resources.
The Kentucky Homestead Exemption
In you file for bankruptcy in Kentucky, the homestead exemption allows you to protect up to $5,000 of equity in your home.