Tax season is upon us. Many taxpayers are awaiting their highly anticipated tax refunds from the IRS, Kansas, or Missouri. Families are busy contemplating the best way to take full advantage of their refunds. Those debtors will very low debt, may decide to pay off their credit cards or medical debts. Other debtors realize their…
Category Archives: Bankruptcy FAQ
PDF Can a Kansas or Missouri Bankruptcy Save My House from Foreclosure?
If you are behind on your home mortgage filing for bankruptcy may give you the ability to save your home. There are two different chapters of bankruptcy utilized by most consumers – chapter 7 and chapter 13. An automatic stay will go into effect on the day your case is filed under either chapter, with…
Debtor’s Duties : Part II : Do I Have To List ALL Of My Assets and Liabilities in Kansas?
Yes! When you file your Chapter 7 or Chapter 13 Bankruptcy case in Kansas and/or Missouri you will have to list EVERYTHING! As was discussed in Debtor’s Duties : Part I, Debtors have a responsibility to the Court – such as listing ALL their creditors when filing their bankruptcy case. In this series of blogs,…
Do I Have To List ALL Of My Creditors When I File My Bankruptcy Case?
Yes, you must list ALL of your creditors. Debtor’s Duties : Part I There are many benefits to filing a Chapter7 Bankruptcy or Chapter 13 Bankruptcy case – you can stop a garnishment of wages, foreclosure on your home and harassing phone calls from creditors. Not only that, but you can discharge much, if not…
Who Is a Bankruptcy Trustee?
Bankruptcy cases are overseen by the U.S. Trustee Program, which is a part of the Department of Justice. The U.S. Trustee program oversees the administration of bankruptcy cases throughout the United States. The states are divided into 21 regions. The state of Kansas is included in Region 20, with the regional office located in Wichita,…
If I file bankruptcy will I lose my retirement?
Kansas and Missouri debtors can protect their retirement in bankruptcy In a chapter 13 bankruptcy you repay your creditors through a 3 or 5 year repayment plan. The trustee in a chapter 13 case does not look for any of your property that he can sell for the benefit of the creditors, so your…
Why Do I Have To Take A Credit Counseling Course Before I File My Bankruptcy?
Credit Counseling Requirements Before Filing For Personal Bankruptcy In Kansas City As part of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, before you file for bankruptcy relief, you must take a credit counseling course. This is a onetime class which you may take over the phone, online or in person. The certificate…
Can Bankruptcy Stop a Garnishment?
Consumers file bankruptcy for several reasons one of which is to stop a garnishment on their paychecks or bank accounts. Most consumers file a chapter 7 or chapter 13 bankruptcy, both will give you the protection of the automatic stay. The automatic stay goes into effect the moment your case is filed. Repeat filers with…
What Is A 341 Meeting Of Creditors And What Can I Expect At My Bankruptcy Hearing?
Expect your Kansas City Bankruptcy Attorneys to continue to guide you through the Bankruptcy process – You will be fully prepared to meet with the Kansas Bankruptcy Trustee assigned to your Bankruptcy case! After your bankruptcy case has been electronically filed in Kansas, a 341 meeting (Meeting of Creditors) will be scheduled. This meeting will…
How Many Times Can You File Bankruptcy?
There are two chapters of bankruptcy most often used by consumers, chapter 7 and chapter 13. When you can file another bankruptcy case and receive a discharge of your debts depends on what chapter you last filed and when you filed. If you received a discharge in a chapter 7 case filed: Within the last…
-
-
Melt Away Your Debt Video --
Watch Now!