Economic Depression -- Inflation . . . Start thinking Bankruptcy now, to maximize your options later: If the economy and inflation has put more strain on your ability to pay off debt, filing bankruptcy with our Lenexa law office may be your best option. Don't wait to talk to Your Kansas City Bankruptcy Attorney. People [...]
Can I file bankruptcy with perfect credit? I pay all of my debts on time (but I'm struggling) . . . Can I still file? 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. [...]
Debtor Duties: List ALL of your Creditors. This is not optional. There are many benefits to filing a Chapter7 Bankruptcy or Chapter 13 Bankruptcy case – -- Stop a garnishment of wages, foreclosure on your home and harassing phone calls from creditors! -- Discharge much, if not all, of the debt that has been holding [...]
Will I lose my retirement if I file bankruptcy? 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 retirement would be safe [...]
Should you file bankruptcy after retirement? Ideally, by the time you reach retirement age you'll have enough assets to sustain a comfortable standard of living. Unfortunately, there are many financial struggles retirees are experiencing due to poor insurance coverage, rising medical expenses, and inadequate living adjustments in Social Security, pensions, and retirement accounts. Individuals need [...]
COVID-19 has changed our way of life and it needs to change the way we look at our money. With the economy moving towards a recession, you need to be in the best possible position. How do you do that? Establish an emergency fund. Having emergency cash means benign prepared if your income drops in [...]