Tenga cuidado con los impuestos sobre la renta sobre los beneficios de desempleo para el año fiscal 2021

Tenga cuidado con los impuestos sobre la renta sobre los beneficios de desempleo para el año fiscal 2021
Los impuestos sobre la renta sobre beneficios de desempleo para el año fiscal 2021 a la fecha de hoy no tendrán la misma exención fiscal que en 2020. En 2020, Estados Unidos vio un número récord de estadounidenses que se...
October 15, 2021
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What is a Cross-Collateralized Loan?

What is a Cross-Collateralized Loan?
A cross-collateralized loan is a loan in which the collateral has already been pledged as security for a previous loan. So, basically the same collateral (often a vehicle or other personal property) is used as security on multiple loans. Some...
October 8, 2021
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When planning to file a Chapter 11 bankruptcy for my business. What do I need to prepare before filing?

When planning to file a Chapter 11 bankruptcy for my business. What do I need to prepare before filing?
When planning to file a Chapter 11 bankruptcy for a business, many people wondered what they need to prepare before filing. WM Law, can file Chapter 11 bankruptcy petitions for businesses (and individuals too). We can file traditional Chapter 11...
October 1, 2021
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Kansas Chapter 13 Bankruptcy Cases May Change Soon

Kansas Chapter 13 Bankruptcy Cases May Change Soon
Kansas and Missouri are two very different states, so it shouldn’t be too surprising that they have different rules when it comes to how Kansas Chapter 13 bankruptcy and Missouri Chapter 13 bankruptcy cases operate in their federal courts. However,...
September 3, 2021
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Third Round of Stimulus Checks Not Protected from Garnishment

Third Round of Stimulus Checks Not Protected from Garnishment
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...
March 11, 2021
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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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Bankruptcy and Tax Refunds

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

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?

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!

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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Bankruptcy Eligibility Tool

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