If you have agreed to co-sign on a debt with a friend, partner, relative, or ex-spouse you may be in an unfortunate situation if the other person has stopped paying on the debt. When you co-sign for a loan you are as liable for the resulting debt as the person you are helping out. The…
Category Archives: Bankruptcy FAQ
PDF Can I stay in my apartment if I am late on my rent and file a Chapter 7 Bankruptcy case in Kansas or Missouri?
It depends! You may be able to stay in your apartment, but you need to know the risks and your options. Typically, if you are late paying your rent then your landlord can take you to court and have you evicted. On top of that — your landlord may get a judgment against you for…
Should I file Bankruptcy in Kansas or Missouri before or after my car is repoed?
You may file your bankruptcy case before your car is repossessed or you can chose to wait until the creditor repossess your car to file your case. The first thing to do would be to speak with a Kansas City Bankruptcy Attorney to determine which Chapter of Bankruptcy you will qualify for and if Bankruptcy…
Are my tax refunds safe in a Kansas or Missouri bankruptcy?
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…
Is there a reason my credit card debt would not be discharged if I file a Chapter 7 bankruptcy in Kansas?
Credit card debt is usually discharged in bankruptcy. Apparently there is a rumor or a misunderstanding regarding credit card debt and the ability to discharge it through a bankruptcy filing. None of what I have heard is based in truth. That is why it is so important to speak with and experienced Kansas City Bankruptcy…
My ex-spouse filed for bankruptcy in Kansas and I was not listed as a creditor but Chid Support Enforcement (CSE) was — will I get the child support arrears owed to me?
There are certain debts that are not dischargeable in either a Chapter 7 Bankruptcy or Chapter 13 Bankruptcy case. Child support is one of them. So, you will get any arrears owed to you; however, the method may vary. Typically a Creditor must file a Proof of Claim in a Chapter 13 Bankruptcy case in…
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,…
