The Kentucky Statement of Intention for Individuals Filing Under Chapter 7 is a document that must be filed in the bankruptcy court within 45 days of the filing of the bankruptcy petition. This statement outlines the debtor's intentions for dealing with secured debts, such as mortgages, car loans, and other secured obligations. The document must be signed by the debtor and declaration of the intention must be made in writing. There are two types of Kentucky Statement of Intention for Individuals Filing Under Chapter 7: one for keeping the property, and one for surrendering the property. If the debtor wishes to keep the property, they must state their intention to continue making payments on the debt in accordance with the terms of the loan contract. If the debtor wishes to surrender the property, they must state their intention to surrender the property to the creditor and provide any required information regarding the property. The information in the Kentucky Statement of Intention for Individuals Filing Under Chapter 7 must be accurate and truthful, and must be filed with the bankruptcy court within the 45-day window. Failure to file the statement, or providing false information, could result in the dismissal of the bankruptcy case.