Bankruptcy Law Blog

What COVID-19 has meant for our wallets

2020-06-08T15:27:46+00:00April 30th, 2020|

April, 2020 -- our COVID wallets Consumer spending plunged 13.6%, the biggest monthly decline on record. Not surprising given nationwide lock downs. Americans mainly spent on essentials given the economic uncertainty. So, the savings were a result of our circumstances. Possibilities are available to come out better than you went in. Personal income jumped 10.5%, [...]

Is your Economic Impact Payment (aka Stimulus Check) at Risk? Maybe.

2023-01-24T22:54:23+00:00April 14th, 2020|

Just because you’re eligible and took the right steps to RECEIVE your check, does NOT mean you will be the one getting it. Who can step in? Private debt collectors with active garnishments. The funds could be seized as soon as they hit your personal account. Federal government for back child support. Who cannot step [...]

STUDENT LOANS AND COVID-19: WHAT DOES IT MEAN FOR YOU?

2023-01-24T22:54:22+00:00April 8th, 2020|

On March 27, 2020, the president signed the CARES Act into law, which, among other things, provides broad relief for federal student loan borrowers. But what does it really mean for you? From March 13, 2020, through Sept. 30, 2020, the interest rate is 0% on the following types of federal student loans owned by Department of [...]

November 1, 2017: New Median Income Figures Released for Kansas and Missouri Bankruptcy Filers

2017-11-02T15:42:29+00:00November 2nd, 2017|

In Bankruptcy, the Means Test looks at your Median Income and Family Size to determine which Chapter you may file: Chapter 7 or Chapter 13 As of November 1, 2017, the Median Income Levels have been updated. Median income levels in Kansas and Missouri are up once again, proof of a growing economy! If your [...]

April 1, 2016 Median Income Levels for Kansas and Missouri Bankruptcy Filers

2017-07-17T20:56:36+00:00April 5th, 2016|

The Means Test looks at your Median Income to determine for which Chapter of Bankruptcy you qualify: Chapter 7 or Chapter 13 As of April 1, 2016 the Median Income Levels changed once again. Median income levels in Kansas and Missouri are up across the board! If your income has been on the border in [...]

Telephone Scam Targeting Bankruptcy Filers

2017-07-17T20:56:37+00:00November 18th, 2015|

If you have filed for bankruptcy, please read the public notices from the NACBA and the United States Bankruptcy Courts. Remember at no time during the preparation of your case or after filing your case will your bankruptcy attorney or the attorney’s staff call and request an immediate wire transfer.  Should you receive such a [...]

November 1, 2015 Bankruptcy Median Incomes for Kansas and Missouri

2017-07-17T20:56:37+00:00October 26th, 2015|

It's that time of year again. November 1, 2015 brings new 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 bankruptcy? As of November 1, 2015 the Median Income Levels will changed once [...]

April 1, 2015 Median Income Levels for Kansas and Missouri Bankruptcy Filers

2017-07-17T20:56:37+00:00April 9th, 2015|

April 1, 2015 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 As of April 1, 2015 the Median Income Levels changed once again. Median income levels in Kansas and Missouri are up.  [...]

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