Overland Park

What is a Proof of Claim in a Bankruptcy case?

A proof of claim is a document normally filled out and filed by a creditor in either a Chapter 7 or Chapter 13 bankruptcy.  The proof of claim is a form document that is sent to every creditor listed in your case.  The document is also available online at United States Courts website.  The form [...]

Can you file Chapter 7 or Chapter 13 Bankruptcy with perfect credit?

Yes. Your credit history does not influence your ability to qualify for Bankruptcy. There are no rules or requirements related to your credit you must meet when filing for bankruptcy. You do not need to be behind on your bills or ever missed a single payment. I think this is a common myth in Bankruptcy [...]

Can I Get a Car Loan After Bankruptcy?

Many people recognize the need for a change in their financial lives.  For many households filing bankruptcy is the necessary change to allow for a future free of debt.  However, many people are afraid that once they file for bankruptcy they will never be approved for a car loan and this fear leads them away [...]

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 [...]

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