The IRS is Finally Catching Up After shutting down for over a year, the IRS is finally catching up with all of the tax returns filed in 2019 and 2020. With that, many people are getting an IRS "math error"...
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
READ MORE
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
READ MORE
What will my credit report and credit score look like after filing for bankruptcy?
We understand the importance of a good credit score. Without good credit, you will pay thousands more in interest on a car loan, be denied credit when you need it most, and you may feel unfairly judged by companies due...
August 7, 2020
READ MORE
What if my mortgage payment increases while I’m in Chapter 13 Bankruptcy?
What if your mortgage payment increases while you're in Chapter 13 Bankruptcy? If you were not behind on your mortgage before you file bankruptcy, then you would just continue making your regular mortgage payments directly to the mortgage company. If...
March 12, 2020
READ MORE
Should I Close My Small Business If I Want to File a Bankruptcy?
We often consult with clients who own a small business in distress. If the business is not profitable, a Chapter 11 reorganization may allow the business to start fresh by reorganizing its debts. If the owner doesn’t want to continue...
February 10, 2020
READ MORE
I’m Filing for Bankruptcy. What Can I Do With My Car(s)?
We like to discuss goals in our free initial consultations. After all, as financial counselors, we can’t effectively assist our clients if we don’t understand their goals. When it comes to a car, we have a few options to consider....
January 10, 2020
READ MORE
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
READ MORE
Paying Your Mortgage Through a Chapter 13 Bankruptcy Plan: The Good News and The Bad News
We help hundreds of our clients file Chapter 13 bankruptcies each year. Some file to save their homes from foreclosure, others to save their cars from a repossession. A handful file to provide enough time to pay all of their...
August 30, 2019
READ MORE
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
READ MORE
