It is not unusual for people to consider bankruptcy filings this time of year because of tax refunds. Many use tax refunds to pay off all of their debt through a bankruptcy filing instead of trying only pay a couple of bills here and there. You may also now have the opportunity to use a [...]
Are you wondering about the American Rescue Plan? The newest coronavirus relief bill called the American Rescue Plan (ARP) has now passed both the House and the Senate. It is expected to be signed by the President tomorrow. Below are some of the highlights pertaining to taxes, as provided by our friends at Kongs & [...]
Find out the Myths and Facts of filing for Bankruptcy.
December, 2020 -- (UPDATE) As we continue the COVID-19 battle grounds we have seen an increase in the number of people fighting to keep their housing. As a result, the Federal foreclosure and eviction moratorium that was set to expire at the end of December will continue. The Federal Housing Finance Agency (FHFA) announced it's [...]
Expect your Kansas City Bankruptcy Attorneys to continue to guide you through the Bankruptcy process -- You will be fully prepared to "meet" with the Kansas City Bankruptcy Trustee assigned to your Bankruptcy case! Since March, 2020, all 341 Meetings have been held by phone. We expect this to continue as long as necessary to [...]
What's going on with your Student Loans and do you need to be making payments? UPDATE 12/4/20 : The federal student loan administrative forbearance period (the pause in interest accrual, and the suspension of collections activity) has been continued through January 31, 2021 in response to COVID-19 National Emergency. "The coronavirus pandemic has presented challenges [...]
Taxes are never fun to think about. Filing for 2020 is even going to be less fun. No withholding, PPP loans, business debt, unemployment, no employment – What if you got married this year? The IRS recently posted a checklist for your consideration: Name and address changes Name. When a name changes through marriage, it is [...]
Bankruptcy is not inherently bad or good. It is an important protection for honest consumers who find themselves in big trouble with debt. A small minority of filers try to abuse the bankruptcy process to hide assets and cheat creditors. A large part of the reason why people say bankruptcy is bad is because they [...]
Walden & Pfannenstiel, LLC again named among Top 10 Best Kansas City Bankruptcy Lawyers. As Featured on Blogger Local -- Are you searching for the top-rated Kansas City bankruptcy attorneys and law firms? Every day in Kansas City, homeowners and consumers search for local “bankruptcy lawyers near me”. We scoured the Internet and found the [...]
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 [...]