Bankruptcy FAQ

Do I Have To List ALL Of My Assets and Liabilities in Kansas?

2021-08-25T19:21:46+00:00September 29th, 2021|

Debtor's Duties: List all of your assets This is not optional. Debtors have a responsibility to the Court – such as listing ALL their creditors when filing their bankruptcy case. These are your liabilities. This may include priority debts, such as taxes or past due child support payments, debts that are secured by your home [...]

Do ALL Creditors Get Notice When I File My Bankruptcy Case?

2021-08-25T19:09:15+00:00September 22nd, 2021|

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 [...]

What about the Bankruptcy Trustee?

2021-08-25T18:53:34+00:00September 15th, 2021|

Who is a Bankruptcy Trustee? A bankruptcy trustee is a person appointed by the United States Trustee, an officer of the Department of Justice, to represent a debtor's estate in a bankruptcy proceeding. Bankruptcy trustees evaluate and make recommendations about various debtor demands in accordance with the U.S. Bankruptcy Code. The U.S. Trustee program oversees [...]

Will the Trustee take all of my tools if I file Bankruptcy?

2021-07-02T15:13:11+00:00July 28th, 2021|

Are your tools safe if you file a bankruptcy case in Kansas? Are your tools exempt as Tools of the Trade? Under the Kansas bankruptcy exemption statute, every person is entitled to claim “books, documents, furniture, instruments, tools, implements and equipment, breeding stock, seed grain . . . reasonably necessary in carrying on the person’s [...]

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