Why You Need a Well-Trained Attorney to Help You File for Bankruptcy

Why You Need a Well-Trained Attorney to Help You File for Bankruptcy
As I sat and waited for our client’s Section 341 Meeting of Creditors to be held by phone the other day, I was listening to other cases called by the same trustee.  Most of the cases were filed by debtors...
September 23, 2020
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What if My Vehicle Isn’t Titled in My Name and I Want to File Bankruptcy?

What if My Vehicle Isn’t Titled in My Name and I Want to File Bankruptcy?
When someone files for personal bankruptcy, he/she is required to disclose all assets, regardless of whether his/her name is on the title. It happens quite often that a debtor’s name does not appear on the title to a vehicle. For...
September 10, 2020
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Beware the Mortgage Forbearance

Beware the Mortgage Forbearance
A trend has developed recently in which mortgage lenders offer a forbearance to it’s borrows allowing them to miss a few monthly mortgage payments.  The idea is that, due to Covid 19, this will allow a reprieve for a few...
September 2, 2020
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What is an adversary proceeding?

What is an adversary proceeding?
When debtors file for bankruptcy protection, most lawsuits and collection actions filed against the debtor must be put on hold.  However, the filing of a bankruptcy can give creditors and other parties the right to file lawsuits inside the bankruptcy...
August 26, 2020
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What happens if I file for bankruptcy and move out of state?

What happens if I file for bankruptcy and move out of state?
At WM Law, we file bankruptcies for residents of Kansas and Western Missouri.  However, we understand that people move constantly.  So how do we address when people move? 1.  If you are moving from another state to Kansas or Missouri...
August 14, 2020
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What will my credit report and credit score look like after filing for bankruptcy?

What will my credit report and credit score look like after filing for bankruptcy?
We understand the importance of a good credit score.  Without good credit, you will pay thousands more in interest on a car loan, be denied credit when you need it most, and you may feel unfairly judged by companies due...
August 7, 2020
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Can I Put Money in Retirement Savings if I Plan to File Bankruptcy?

Can I Put Money in Retirement Savings if I Plan to File Bankruptcy?
Many people worry about how their retirement savings will be affected by bankruptcy.  There are basically 3 issues here: Will I lose my retirement savings or pension benefits that I have already earned when I file bankruptcy? Will I be...
July 24, 2020
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Repossession Laws in Kansas and Missouri

Repossession Laws in Kansas and Missouri
Many people seek advice when they are threatened with repossession of their property.  Repossession is when a secured creditor takes property that is the collateral of a defaulted loan.  Missouri and Kansas differ in law and in practice on how...
July 10, 2020
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Did you know that credit card debts can be erased when you file Chapter 7 bankruptcy?  

Did you know that credit card debts can be erased when you file Chapter 7 bankruptcy?  
Filing bankruptcy can help you get rid of credit card debt. Depending on which chapter of bankruptcy you file, will depend on how much will be discharged. https://youtu.be/yQiT-3qPreg Generally, in a chapter 7 bankruptcy, a debtor will be able get...
July 6, 2020
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Don’t Repay Friends and Family Before Filing a Bankruptcy!

Don’t Repay Friends and Family Before Filing a Bankruptcy!
When we file bankruptcy schedules for our clients, we are required to complete a Statement of Financial Affairs.  One of the questions this paperwork asks is if, within 1 year before filing for bankruptcy, the Debtor has made “a payment...
June 24, 2020
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