Kansas And Missouri Bankruptcy Law Blog
Bankruptcy is a flexible process that you can make work for you
Overwhelming debt can happen to people in all sorts of circumstances. Those who are already retired or who live on lower incomes can accumulate debt by simply trying to meet their families' needs on a day-to-day basis. Those who experience adverse medical events, such...
What are the benefits of Chapter 13 bankruptcy?
Should your finances take a turn for the worse, you must consider every possible strategy for getting back on track. Chapter 13 bankruptcy is one such idea to consider, as it’s packed full of benefits that can provide immediate and long-term relief. Through Chapter 13...
Credit card companies love people who can’t pay their balance off
Americans love credit cards. Consumer credit spending is an integral part of the American economy, with people seasonally spending on holiday gifts and vacations and then slowly paying their balances off. With the exception of introductory rates where someone is...
Your rights when a company tries to collect a debt you don’t owe
Debt collection is a major industry in the United States. There are millions of Americans struggling to make ends meet and cover their monthly bills. These individuals may accrue debt that they can't reasonably pay off, leading to debt collection efforts. Despite how...
Bankruptcy and the automatic stay: It’s a game changer
When you file for bankruptcy, you hope that it will immediately improve your financial circumstances. And as a result of the automatic stay, that’s exactly what happens. In short, the automatic stay is designed to stop most collection activity by creditors, which...
Chapter 7 bankruptcy can give you freedom from overwhelming debt
When your debt level becomes unsustainable, you may wind up in a situation where you're desperate just to make payments to avoid aggressive collection tactics such as lawsuits, repossession or foreclosure. People struggling to make ends meet while coping with high...
3 Benefits of filing Chapter 13 bankruptcy
Many people associate bankruptcy with hardship and financial ruin. While bankruptcy can be a complicated and stressful process, it’s actually an opportunity for you to regain financial security. Chapter 13 bankruptcy is a common solution for people in need of debt...
