What is the Chapter 7 Means Test & How Can I Pass It?

What is the Chapter 7 Means Test & How Can I Pass It?
If you're considering filing for Chapter 7 bankruptcy, understanding the means test is crucial. The Chapter 7 means test serves as a pivotal determinant of your eligibility for bankruptcy relief. In this guide, we'll explore the intricacies of the means...
March 20, 2024
READ MORE

How Will Bankruptcy Affect My Retirement Savings?

How Will Bankruptcy Affect My Retirement Savings?
When faced with bankruptcy, one of the most pressing concerns for many individuals is the potential impact on their retirement savings. This worry is understandable, as these savings often represent a lifetime of planning and sacrifice, aimed at ensuring a...
February 7, 2024
READ MORE

What Happens to Co-Signers During Bankruptcy?

What Happens to Co-Signers During Bankruptcy?
Navigating bankruptcy during financial difficulties can offer a fresh start, but it's crucial to understand how this process impacts co-signers during bankruptcy. Many individuals are unaware that bankruptcy may erase personal debts but leaves co-signers accountable. In this article, we...
February 1, 2024
READ MORE

Who is Eligible to File for Chapter 7 Bankruptcy in Kansas City?

Who is Eligible to File for Chapter 7 Bankruptcy in Kansas City?
In Kansas City, many individuals and businesses facing financial difficulties ask, "Who is eligible to file for Chapter 7 bankruptcy?" This form of bankruptcy offers a path to reset financially for those overwhelmed by debt. It's a critical step towards...
January 3, 2024
READ MORE

Which Debts are Not Discharged in Chapter 7 Bankruptcy?

Which Debts are Not Discharged in Chapter 7 Bankruptcy?
Embarking on the journey of Chapter 7 bankruptcy offers a fresh start for many, but it's vital to know exactly which debts are not discharged in this process. This guide will illuminate the specifics of which debts are not discharged...
December 27, 2023
READ MORE

Can I File For Bankruptcy on Student Loans?

Can I File For Bankruptcy on Student Loans?
Student loans are a significant burden for many individuals, often overshadowing their financial lives for years. While bankruptcy is a route some consider to alleviate this weight, the process for student loans is more intricate than other types of debt....
November 8, 2023
READ MORE

When Should I File For Chapter 7 Bankruptcy?

When Should I File For Chapter 7 Bankruptcy?
Chapter 7 bankruptcy is a legal remedy available to individuals struggling to meet their financial obligations. It offers a fresh start by eliminating certain debts and providing protection against asset seizure or wage garnishment. Recognizing when you should file for...
November 2, 2023
READ MORE

Which Debts are Discharged If I File For Chapter 7 Bankruptcy?

Which Debts are Discharged If I File For Chapter 7 Bankruptcy?
Chapter 7 bankruptcy is a powerful tool for individuals grappling with mounting debt. One of the primary advantages of filing for this type of bankruptcy is the possibility of having numerous debts discharged. But which debts can you eliminate, and...
October 18, 2023
READ MORE

Can The Lender Repossess My Car If I File For Chapter 7 Bankruptcy?

Can The Lender Repossess My Car If I File For Chapter 7 Bankruptcy?
It's a common misconception that filing for Chapter 7 bankruptcy immediately puts your car at risk. However, the legal framework offers several protections to individuals, ensuring that their means of transportation remains intact, even during challenging financial times. In this...
October 5, 2023
READ MORE

Will I Lose My House If I File For Chapter 7 Bankruptcy?

Will I Lose My House If I File For Chapter 7 Bankruptcy?
When people consider bankruptcy, particularly Chapter 7, one of the most pressing concerns is the fate of their homes. Many harbor the fear, "Will I lose my house?" Thankfully, the reality is that the vast majority of individuals who file...
September 29, 2023
READ MORE

Bankruptcy Eligibility Tool

1
2
3
Are you 1 or more payments behind on any of these debts?(Required)

Your privacy is important to us. WM Law will protect your name and confidential information against disclosure, publication or unauthorized use. By clicking “Submit” you agree that WM Law may contact you (including autodials, pre-recorded calls, and texts) about your interest in finding an attorney. Consent is not a condition of the services. Our receipt of the information on this web site is not intended to create, and receipt does not constitute, a contract for representation by WM Law.