Debts

Pre-petition vs. Post-petition Debt

What does Pre-petition vs. Post-petition debt mean in a Bankruptcy? Pre-petition debt is all debt that you have incurred prior to your bankruptcy case being filed. You must list all of your Creditors and debt when you file bankruptcy. Pre-petition debt is the debt that we are expecting to be discharged as part of your [...]

Medical Debt, Marriage, and Bankruptcy

When people think about the debt listed on their credit reports and how the debt is affecting their credit scores, most are probably thinking of credit card debt.  However, medical debt is a huge issue for people trying to make ends meet.  Medical debt is not immediately reported on credit reports, until it has been [...]

Can I Discharge My Traffic Tickets If I File For Chapter 7 Bankruptcy In Kansas?

The simple answer is no, but read on. Although Chapter 7 bankruptcy often discharges many types of debts and helps people gain a fresh start. There is a limited list of debts that cannot be discharged. The non-payment of these debts is typically thought of not to be in the general public’s best interest. They [...]

Is My Car Loan Discharged in a Kansas Bankruptcy Case?

Many people who come to visit with us about filing for bankruptcy have car loans.  One of the most common questions from people is whether their car loan will be discharged in their bankruptcy case.  Car loans are treated differently depending on what kind of bankruptcy you file. A Chapter 13 bankruptcy is open for [...]

Will a Kansas Bankruptcy Help If I am a Cosigner on Debts?

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 [...]

What Debts Can I Get Rid Of In Bankruptcy?

The U.S. Trustee Program provides a Bankruptcy Information Sheet which gives general information about will happen in a bankruptcy case. In Kansas City, during your 341 meeting of creditors, your Trustee will ask if you have reviewed this sheet. Below is the information they provide regarding: What Is a Bankruptcy Discharge and How Does It [...]

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