Changes in the BK Legislation Regarding Debt Limits

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

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

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

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 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

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?

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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W M Law is Here to Help – More than just a Bankruptcy firm

W M Law is Here to Help – More than just a Bankruptcy firm
The majority of what our firm does is bankruptcy related.  We advise individuals, farmers, and small businesses on their debt relief options and often recommend bankruptcy filings.  We file a lot of bankruptcies for Kansas and Missouri residents in and...
April 10, 2020
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Real Estate Tax Assessments – How to protect your home

Real Estate Tax Assessments – How to protect your home
By Jeff Wagoner, W M Law President December isn’t just for holidays, it’s also for property taxes, especially real estate taxes.  County tax appraisers are supposed to re-appraise all real estate within their county each year, then the tax collector...
January 3, 2020
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What Will Happen To The Rental House I Own In Bankruptcy?

What Will Happen To The Rental House I Own In Bankruptcy?
It is relatively common for our clients to own a rental house that they rent to a third party.  Most often, the rental house has little or no equity, yet our client would still like to keep the rental house...
April 10, 2019
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Bankruptcy Eligibility Tool

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