Bankruptcy

2 05, 2012

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

2017-07-17T20:56:52+00:00 By |Bankruptcy Law Blog|

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 [...]

30 11, 2011

Debtor’s Duties : Part II : Do I Have To List ALL Of My Assets and Liabilities in Kansas?

2017-07-17T20:56:58+00:00 By |Bankruptcy FAQ|

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, [...]

4 08, 2011

Why Do I Have To Take A Credit Counseling Course Before I File My Bankruptcy?

2017-07-17T20:57:03+00:00 By |Bankruptcy FAQ|

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 [...]

29 07, 2011

Can Bankruptcy Stop a Garnishment?

2017-07-17T20:57:04+00:00 By |Bankruptcy FAQ|

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 [...]

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