chapter 13

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 [...]

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 [...]

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 [...]

If I file bankruptcy will I lose my retirement?

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 [...]

How Many Times Can You File Bankruptcy?

There are two chapters of bankruptcy most often used by consumers, chapter 7 and chapter 13.  When you can file another bankruptcy case and receive a discharge of your debts depends on what chapter you last filed and when you filed. If you received a discharge in a chapter 7 case filed: Within the last [...]

What are the different Chapters of Bankruptcy?

There are several different Chapters of Bankruptcy. Part of the Bankruptcy Information Sheet provided by U.S. Trustee Program explains each as follows: Chapter 7 – A trustee is appointed to take over your property. Any property of value will be sold or turned into money to pay your creditors. You may be able to keep [...]

Feel Guilty About Considering Bankruptcy?

So many times we see our bankruptcy clients in anguish over the thought of wiping out their debt.  They feel guilty about walking away from their creditors.  In some cases the dilemma is obvious; the small town doctor who agreed to bill you for your office visits - resulting in a small debt or the [...]

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