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...
Can I refinance my home loan during my Chapter 13 bankruptcy?
In an appreciating housing market, debtors in Chapter 13 bankruptcy sometimes want to know if they can refinance their home loan. The short answer is: Maybe. When a debtor is in Chapter 13, he/she is not supposed to take out...
October 14, 2022
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Why Do I Still Owe Taxes After My Chapter 13?
When a debtor files a Chapter 13 bankruptcy, he/she is required to pay in full over the life of the payment plan any taxes that are non-dischargeable, which are known as “priority” taxes. If a debtor has taxes that do...
July 18, 2022
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Changes in the BK Legislation Regarding Debt Limits
Back in April of this year, the US Senate passed a bill that would have restored the Subchapter V (of Chapter 11) Debt Limits to $7.5 million for small businesses proceeding through the process. As an incentive to support this...
June 17, 2022
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What Happens To My Vehicle Loan If My Chapter 13 Is Dismissed
Vehicle Loans in Chapter 13 Bankruptcy When a debtor files for Chapter 13 bankruptcy his/her vehicle loan is often paid through the payment plan with the trustee. If the debtor has had the vehicle for at least 910 days before...
May 9, 2022
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Staying Current on Certain Obligations After Filing Chapter 13
When someone files for Chapter 13 bankruptcy there are some debts that he/she might propose to pay “outside the play” (aka direct pay), meaning that the debtor will continue making payments directly to the creditor instead of through the bankruptcy....
April 4, 2022
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Objections in Chapter 13 Bankruptcy
What happens when there is an objection to my proposed payment plan in Chapter 13? When a debtor files for Chapter 13 bankruptcy a proposed payment plan is presented and the Chapter 13 Trustee and creditors will review the plan...
February 18, 2022
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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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What the Upcoming Months May Mean for Landlords, Tenants, and Homeowners
Are you a landlord? If you are a landlord and your tenants have been affected by COVID-19 and are unable to pay, you may have issues servicing your debts, including mortgages or deeds of trust on real estate you own. ...
January 15, 2021
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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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