(913) 422-0909 (816) 756-1144

Common Misconceptions About Chapter 7 Bankruptcy

Common Misconceptions About Chapter 7 Bankruptcy
There are millions of people who have filed for bankruptcy over the years, yet there still are many misconceptions about bankruptcy overall and especially for Chapter 7. Chapter 7 bankruptcy allows debtors to get a fresh start by eliminating dischargeable...
May 18, 2023
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Why Funding Your Trust is Critical to Your Estate Plan

Why Funding Your Trust is Critical to Your Estate Plan
Creating a will and setting up a trust is a great first step in planning what happens to your assets once you pass. Keep in mind, however, that estate planning is more than just a one-step process. After you have...
May 12, 2023
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What happens to Assets during Bankruptcy?

What happens to Assets during Bankruptcy?
For many people, Chapter 7 is a great tool for eliminating debt and obtaining a fresh start. The catch is that a trustee is appointed to liquidate any property that’s not protected by state (or federal) law and use it...
April 18, 2023
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When is it Time to File for Bankruptcy?

When is it Time to File for Bankruptcy?
Most people consider filing for bankruptcy only as a last resort. But how do you know when it’s time to file? Here are some warning signs that may indicate that it’s time to file bankruptcy. Considering a Payday Loan If...
March 30, 2023
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How are Debts Handled under Different Bankruptcies?

How are Debts Handled under Different Bankruptcies?
Our firm files many Chapter 7 bankruptcy cases annually, which are liquidation cases that do not involve plans to reorganize debts over time. We also file numerous Chapter 13, Chapter 11, and 12 consumer bankruptcy cases, which involve plans to...
March 27, 2023
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US Trending Towards Historic Wave of Auto Repossessions: How Bankruptcy Can Help

US Trending Towards Historic Wave of Auto Repossessions: How Bankruptcy Can Help
The US auto market is likely headed towards a “perfect storm” of defaults and vehicle repossessions this year. Fitch Ratings reported recently that more Americans can’t afford their car payments than during the peak of the 2008 financial crisis. According...
March 13, 2023
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The close relationship between Taxes and Bankruptcy- How does it work?

The close relationship between Taxes and Bankruptcy- How does it work?
When it comes to Bankruptcy and Taxes, these two are often related to each other. When someone or a business is facing financial difficulties, they may consider filing for bankruptcy to obtain debt relief. However, before making any decisions on...
March 7, 2023
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At Tax Time, Your CPA is Your Best Friend

At Tax Time, Your CPA is Your Best Friend
Well, February is here and it’s time to start planning to file 2022 tax returns. Many people and businesses will seek extensions to file, but most people should be able to obtain their necessary documents and file in the next...
February 23, 2023
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Chapter 7 Bankruptcy and Taxes: What You Need to Know

Chapter 7 Bankruptcy and Taxes: What You Need to Know
Before filing for a Chapter 7 bankruptcy, it is important to understand how taxes will be affected. Bankruptcy can provide relief from overwhelming debt, including taxes, but there are some important considerations to keep in mind. Here is what you...
February 14, 2023
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Tax Refunds in Bankruptcy

Tax Refunds in Bankruptcy
In bankruptcy cases, tax refunds earned during the year in which someone files for bankruptcy can be taken by a trustee who oversees the case, even if the tax refund doesn’t arrive for months after the case is filed. The...
February 3, 2023
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W M Law
719 Massachusetts St #113
Lawrence KS 66044
Phone: (913) 422-0909

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W M Law
15095 West 116th Street
Olathe, KS 66062
Phone: (913) 422-0909

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W M Law
3720 Arrowhead Ave #102
Independence, MO 64057
Phone: (816) 756-1144

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W M Law
8320 N Oak Trafficway
Kansas City, MO 64118
Phone: (816) 756-1144

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