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 [...]
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 [...]
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, [...]
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 [...]
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, [...]
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 [...]
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 [...]