Would highly recommend Peace Law to any of my friends, very professional and patient.
Saved his home.
This client was unable to pay property taxes.
One afternoon, a client came into our office with an active foreclosure case on his home. This client could not pay his property taxes, which resulted in the property tax holders taking legal action by attempting to sell his home through the court system. Through a Chapter 13 bankruptcy, Peace Law was able to stop the sale of the client’s home so that he could pay off the property taxes at a lower interest rate over five (5) years rather than in one lump sum. In addition, Peace Law discovered that many of these tax bills were improperly obtained by creditors. This discovery decreased the total amount of property taxes owed by $6,000.
She saved over $32k.
This client filed for Chapter 13 bankruptcy.
A client came to us with the same problem as described above. She had consolidated many debts into one loan through a local bank. The bank used her truck as collateral for this refinance. However, the new loan amount was much greater than the value of her truck. This client filed a Chapter 13 bankruptcy, which allowed her to pay only the truck's value at a much lower interest rate. By filing this Chapter 13 bankruptcy, our client kept her truck and saved over $32,000 over the life of the loan.
He saved $13k.
This client was struggling with car payments.
A client came to Peace Law because his monthly car payments bogged him down. It turned out that these payments could be lowered through a Chapter 13 bankruptcy because he’d had those vehicles for longer than two and a half years. Before filing a Chapter 13 bankruptcy, this client owed almost $35,000 on these vehicles. After filing a Chapter 13 bankruptcy, this client only owed a little over $22,000 at a lower interest rate. This resulted in savings of approximately $13,000 on just the principal of the loan.
Taxes reduced by $56k.
This client was a struggling small business owner.
A client, who operated his own business, came to Peace Law because he had not paid his state income taxes in several years. This client owed the Kentucky Department of Revenue over $58,000. After filing a Chapter 7 bankruptcy, Peace Law wiped away almost $56,000 in past due income taxes to the Commonwealth of Kentucky.
He saved $430k.
This client owed $437,000 in unpaid taxes.
Similarly, another client had accrued almost $437,000 worth of unpaid taxes to the IRS. This client filed a Chapter 13 bankruptcy and was able to reduce this total amount to approximately $1,700. This is a savings of almost $430,000! This client was able to pay off the remaining $1,700 over five (5) years through her Chapter 13 bankruptcy.
Free and Clear Home.
This client was facing foreclosure.
A client came to Peace Law because she and her husband were behind on their home payments and facing foreclosure. The attorneys at Peace Law inspected the mortgage paperwork and discovered that the lender had made a grave error. This error resulted in the client being able to own her home free and clear after filing a Chapter 13 bankruptcy. The Chapter 13 bankruptcy allowed this client to own her home without a mortgage 23 years sooner than without bankruptcy.