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Tag Archives: Bankruptcy

Median Income Levels Increase Making Chapter 7 and Chapter 13 Bankruptcy More Obtainable In Kansas And Missouri

What does a rise in Median Income Levels mean to you? Starting May 1, 2012 the Median Income Levels went up in Kansas and Missouri. In addition the IRS National Standard Deductions changed. If you have been considering filing for Bankruptcy this means that you may be more likely to qualify for a Chapter 7… Continue Reading

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… Continue Reading

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,… Continue Reading

Bankruptcy Filing Fees Increase Effective November 1, 2011

The Judicial Conference of the United States Bankruptcy Court has announced an increase in bankruptcy filing fees effective November 1, 2011.  The filing fees are paid directly to the court usually in full at the time a debtor’s case is filed.  The filing fee for a chapter 7 bankruptcy case will increase from $299.00 to… Continue Reading

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… Continue Reading