Bankruptcy Law Blog

Bankruptcy Filings : 2024

2024-05-01T15:59:01+00:00May 1st, 2024|

Bankruptcy Filings -- The total number of filings ... Is up … A total of 16% over last year. From the United States Courts: Bankruptcy filings rose 16 percent during the 12-month period ending March 31, 2024. That is a similar rate of acceleration as in the Dec. 31, 2023, quarterly report, but new bankruptcy [...]

April 1, 2024 Median Income Levels for Kansas and Missouri Bankruptcy Filers

2024-04-03T14:39:56+00:00April 3rd, 2024|

April 1, 2024 Median Income Levels for Kansas and Missouri Bankruptcy Filers The Means Test looks at your Median Income to determine for which Chapter of Bankruptcy you qualify: Chapter 7 or Chapter 13 Most individual debtors filing for bankruptcy relief are required to complete a version of Bankruptcy Form 122. On April 1, 2024, [...]

Is a Fresh Start Possible When the State Works Against You?

2024-02-16T20:52:28+00:00March 6th, 2024|

Families and Poverty -- How Can Your State Protect You … Fresh Start 2024. A report from the National Consumer Law Center (NCLC) shows how states lack in offering assistance and protection to its citizens. Every state has a set of exemptions that allow one to avoid losing everything to the creditors. Per the NCLC [...]

What does pre-petition debt vs post-petition debt mean?

2024-01-10T10:32:52+00:00February 21st, 2024|

Pre-petition debt – Post-petition debt … What do they mean? It all comes down to when you incurred the debt. Meaning, what is the date that you bought something, charged something, or borrowed funds. Why do we care? In bankruptcy cases, the ‘when’ of these actions is a big deal. It can mean the difference [...]

Bankruptcy Alternatives You May Consider : Know Your Financial Options

2024-01-08T22:46:17+00:00February 7th, 2024|

No Bankruptcy – Consider the Alternatives … Bankruptcy vs Other Financial Options:  Have you ever been stressed and overwhelmed by your debt situation? Have you ever wondered if bankruptcy would be right for you? Have you ever considered if there were other options you could try? Have you ever decided that bankruptcy should only be [...]

Adjunct Professor of Bankruptcy Law: Malissa L. Walden

2024-01-08T22:29:10+00:00January 10th, 2024|

Adjunct Faculty -- Professor of Law: KU Law School... You may be wondering what an adjunct actually is and what one does. We are a professor employed by a college or university for a specific purpose or length of time and often part-time. Starting in a few days, I will be teaching as such at [...]

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