Today, I read an interesting article regarding the third round of stimulus checks that are on the verge of being approved by Congress. These checks are part of a budget reconciliation act, and because a budget reconciliation act only requires...
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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Bankruptcy and Tax Refunds
This time of year anyone that is considering filing bankruptcy needs to be aware of how bankruptcy impacts their potential tax refund. Potential Asset When filing bankruptcy, the Debtor has an obligation to list all of their assets. That's easier...
December 12, 2019
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New Bankruptcy Legislation Aims to Help Bankrupt Debtors
By Ryan Blay, W M Law Attorney at Law With pressing major legislation and partisan conflict, Congress does not always take the time to review bankruptcy legislation. When it does, however, it has taken some steps to make bankruptcy a...
October 18, 2019
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Is it okay to file Bankruptcy?
Filing Bankruptcy in the United States is a legal proceeding that allows a debtor to sever the liability to certain financial liabilities. In short, allows people to get rid of debt without paying it. But, just because a person can...
August 31, 2018
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We are here for Bankruptcy Help!
Are you hibernating even though it is summer? Many clients we have seen in recent months have been hit with stagnating wages, coupled with ever-increasing costs of other necessities, have really taken a toll on the middle-class average Americans. The...
July 26, 2018
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Pros and Cons of Debt Counseling
There are many options when it comes to addressing and dealing with debt problems. One popular method is working with a Debt Consolidation company. The idea behind a debt counseling company is that the company will work with your creditors...
March 26, 2018
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8 out of 10 Americans Live Paycheck to Paycheck
There was a recent article in USA Today (https://www.usatoday.com/story/money/personalfinance/2017/08/24/cant-keep-up-more-americans-living-paycheck-to-paycheck/597162001/) which cited a survey performed by CareerBuilder.com that indicated that almost 80% of Americans are living paycheck to paycheck. If you think about that for a minute it will blow your...
September 26, 2017
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Summer Overtime Blues
Summer is here, and along with it often comes the opportunity to work overtime for seasonal industries such as construction and landscaping. Working overtime can be great for your family's budget, but like any seemingly good thing, there can be...
July 7, 2017
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What does it mean for a debt to be “charged off?”
I meet with many people who are enduring financial problems. If their problem has persisted for an extended period of time they often have debts that are being reported as "charged off." Most people think this means the creditor is...
April 17, 2017
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