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 [...]
Walden & Pfannenstiel, LLC: Wednesday’s Client – Wins… Aaron and Rachel Wilson’s Journey This young couple came to us struggling to make it on their current salaries, with a young child, a home loan and monthly credit card debt. In addition to their current debt situation, their old farm home was in serious need of [...]
Considering or have filed a Chapter 13 Bankruptcy case? Ignore This Educational Bankruptcy Post -- Are you a Chapter 7 filer with secured property that you would like to keep? This post is for you. For those of you that filed a Chapter 7 and have a security interest in property -- you may hear [...]
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 [...]
Can I get a car loan after filing bankruptcy? Yes -- Credit. Cars. Houses. They are all available after filing for bankruptcy. There are Lenders that are willing to work with you. Timing is key so be aware of the terms. Early financing can come with high interest rates. Many people recognize the need for [...]
Will my credit score be ruined if I file for bankruptcy? Will I ever be able to get credit again after I filed for bankruptcy? You may be surprised! This is a common question and concern for those considering bankruptcy as an option to relieve their debt stress. You may be surprised to find that [...]
Accurate credit reports are essential for today’s consumers, so they can receive the best financing options available. It is important for all consumers to understand how and what kind of debts are reported on a credit report. The information reported on your credit report will determine your credit score.
Kansas Bankruptcy Filers Continue Their Educations We are often asked whether filing for bankruptcy will affect a student’s college or graduate financial aid opportunities. Bankruptcy filers will qualify for some student loans and may struggle to be approved for other loans. Federal loans consisting of Stafford and Perkins loans are awarded based on need and [...]
