Pre-petition debt vs. Post-petition debt When did you incur the debt? What does pre-petition vs post-petition mean in a Bankruptcy? Pre-petition debt: All debt that you have incurred prior to your bankruptcy case being filed. You must list all of your Creditors and debt when you file bankruptcy. Pre-petition debt is the debt that we [...]
Medical Debt Medical debt can lead to bankruptcy. Medical debt can mean joint debt. When people think about the debt listed on their credit reports and how the debt is affecting their credit scores, most are probably thinking of credit card debt. However, medical debt is a huge issue for people trying to make ends [...]
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. [...]
Your employer has received a request for garnishment -- there goes your earnings. The bank received an order for garnishment -- there goes your savings. Garnishment. Now what are you going to do to get through the month? Garnishment is a procedure where wages, money or intangible property of a person can be seized or [...]
What’s Mine is Mine until it becomes Ours when we get married – right? Not necessarily, what yours is yours (we are talking about the debt you are bringing in to the marriage right now). To some degree you have a choice on how much you decide to co-mingle when you get married. Maybe you [...]
Are tax refund exempt in bankruptcy? Are you wondering if you can keep your tax refunds if you file bankruptcy? Or, will you lose your state and federal tax refunds after filing bankruptcy? Tax season is upon us. Many taxpayers are awaiting their highly anticipated tax refunds from the IRS, Kansas, or Missouri. Families are [...]
Where will my Kansas bankruptcy case be filed? Bankruptcy cases are filed in U.S. Bankruptcy Court, which is a division of the Federal District Courts. Your Attorney will file your case electronically. Divorce, collection, probate and similar cases are filed in one of the 31 Kansas District Courts located sporadically throughout Kansas. While the three [...]
Will Chapter 7 bankruptcy get rid of my traffic tickets? Can I file bankruptcy to clear traffic ticket debt? Simple answer, no. But read on. Although Chapter 7 bankruptcy often discharges many types of debts and helps people gain a fresh start, there is a limited list of debts that cannot be discharged. The non-payment [...]
Is My Car Loan Discharged in a Kansas Bankruptcy Case? Am I liable for a car that has been repossessed? I can't afford my car loan -- I'm in debt! Many people who come to visit with us about filing for bankruptcy have car loans. One of the most common questions from people is whether [...]
How can I repair My Credit Report? How can I raise my Credit Score after filing for Bankruptcy? Worried That You Won't Ever Have Credit Again? It Is Possible, It Is All About Rebuilding! Pay all of your bills on time. You have your fresh start through your bankruptcy filing; now make sure you are [...]