How Does Bankruptcy Affect Alimony and Child Support?

How Does Bankruptcy Affect Alimony and Child Support?
Alimony and child support are categorized as "priority debts," meaning they cannot be discharged through bankruptcy. Here’s a closer look at how Chapter 7 and Chapter 13 bankruptcies affect these obligations and the potential legal consequences of falling behind. Chapter...
May 15, 2024
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Can I File For Bankruptcy Over Medical Bills?

Can I File For Bankruptcy Over Medical Bills?
Medical debt is a pervasive issue in the United States, leading many individuals into significant financial hardship. If you are drowning in medical bills and are considering bankruptcy as a solution, it's crucial to understand the various options available and...
May 8, 2024
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What is the Chapter 7 Means Test & How Can I Pass It?

What is the Chapter 7 Means Test & How Can I Pass It?
If you're considering filing for Chapter 7 bankruptcy, understanding the means test is crucial. The Chapter 7 means test serves as a pivotal determinant of your eligibility for bankruptcy relief. In this guide, we'll explore the intricacies of the means...
March 20, 2024
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Can I Refile If My Bankruptcy Case Was Dismissed?

Can I Refile If My Bankruptcy Case Was Dismissed?
Dealing with the complexities of bankruptcy can be a challenging journey, and the dismissal of your bankruptcy case can significantly increase the complexity of your situation. If your bankruptcy case has been dismissed, it's natural to feel overwhelmed and uncertain...
March 13, 2024
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What are My Options If I Can’t Make My Chapter 13 Payments?

What are My Options If I Can’t Make My Chapter 13 Payments?
Struggling with Chapter 13 payments can feel overwhelming, but it's essential to remember that you have options available to help you overcome these challenges. In this guide, we'll explore what happens if you miss a payment, how to request deferment...
March 6, 2024
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Should Married Couples File for Bankruptcy Together?

Should Married Couples File for Bankruptcy Together?
Bankruptcy is a legal process that offers relief to individuals and couples struggling with overwhelming debt. For married couples facing financial hardship, the decision to file for bankruptcy together can be a significant step towards regaining control of their finances....
February 28, 2024
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When is a Bankruptcy Claim Contingent, Unliquidated, or Disputed?

When is a Bankruptcy Claim Contingent, Unliquidated, or Disputed?
Bankruptcy is a complex legal process that involves various types of claims, each with its own characteristics and challenges. Understanding these claims is crucial for both debtors and creditors as they navigate through the intricacies of bankruptcy proceedings. This article...
February 21, 2024
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Who is Eligible to File for Chapter 13 Bankruptcy in Kansas City?

Who is Eligible to File for Chapter 13 Bankruptcy in Kansas City?
In today's economic climate, many individuals and couples find themselves facing overwhelming debt burdens. For those in such circumstances, understanding whether they are eligible to file for Chapter 13 bankruptcy can provide a path towards financial relief and stability. This...
February 14, 2024
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How Will Bankruptcy Affect My Retirement Savings?

How Will Bankruptcy Affect My Retirement Savings?
When faced with bankruptcy, one of the most pressing concerns for many individuals is the potential impact on their retirement savings. This worry is understandable, as these savings often represent a lifetime of planning and sacrifice, aimed at ensuring a...
February 7, 2024
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What Happens to Co-Signers During Bankruptcy?

What Happens to Co-Signers During Bankruptcy?
Navigating bankruptcy during financial difficulties can offer a fresh start, but it's crucial to understand how this process impacts co-signers during bankruptcy. Many individuals are unaware that bankruptcy may erase personal debts but leaves co-signers accountable. In this article, we...
February 1, 2024
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