Understanding Debt Settlement: Pros and Cons
Consumers must do their research before signing up with a debt settlement company.
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Understanding Bankruptcy: A Path to Financial Relief
Debunking the Myths: Is Bankruptcy Bad? Bankruptcy is not inherently bad or good. It is an important protection for honest consumers who find themselves in big trouble with debt. While a small minority of filers may try to abuse the bankruptcy process to hide assets and cheat creditors, the majority use it as a necessary
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How Soon Can You File Bankruptcy After Your Consultation?
How Quickly Can You File Bankruptcy After Your Consultation? If you’ve had an initial consultation with Walden Legal Solutions and are ready to move forward, the timeline for filing bankruptcy depends on a few steps that need to be completed first. Here’s what you need to know: Steps Before Filing How Quickly Can You File?
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Understanding Mechanic’s Liens and Bankruptcy: What You Need to Know
How Mechanic’s Liens Are Handled in Bankruptcy A mechanic’s lien is a legal claim against property, such as a home or vehicle, used as collateral to secure payment for work performed or materials provided. If you’re considering bankruptcy and have a mechanic’s lien, it’s important to understand how these liens are treated in Chapter 7
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Why Am I Getting A 1099 After Filing For Bankruptcy?
Understanding 1099-A and 1099-C Forms Post-Bankruptcy If you’ve filed for Chapter 7 or Chapter 13 bankruptcy and received a 1099 form afterward, you may be confused or worried about the tax implications. Receiving a 1099-A or 1099-C after bankruptcy is common, and understanding why you received it can help you take the proper steps to
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Can I Discharge My Traffic Tickets in Chapter 7 Bankruptcy in Kansas?
Will Chapter 7 Bankruptcy Clear Your Traffic Ticket Debt? If you’re drowning in debt, including unpaid traffic tickets, you may be wondering if filing for Chapter 7 bankruptcy in Kansas can help. The simple answer is no, you cannot discharge traffic ticket debt in Chapter 7 bankruptcy. However, don’t lose hope just yet—there are other
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Will I Receive the Kansas Child Support Arrears Owed to Me If My Ex-Spouse Files for Bankruptcy?
What Happens to Child Support Arrears in Bankruptcy? If your ex-spouse has filed for bankruptcy and owes you child support arrears, you may be wondering whether you’ll still receive the payments owed to you. The good news is that child support arrears are considered a priority debt and are not dischargeable in bankruptcy. Here’s what
Are my tax refunds safe in a Kansas or Missouri bankruptcy?
What Happens to Your Tax Refunds When Filing Bankruptcy in Kansas or Missouri? Tax season is here, and many families are eagerly awaiting their refunds from the IRS, Kansas, or Missouri. If you’re considering bankruptcy, you may wonder whether your tax refunds are safe or if they’ll be turned over to creditors. The answer depends
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Do I Have to List All of My Assets and Liabilities in Bankruptcy?
Understanding Your Duty to List All Assets and Liabilities in Kansas or Missouri Bankruptcy Cases Filing for bankruptcy involves full transparency with the Court. One of your key responsibilities as a debtor is to list all of your assets and liabilities when filing your Chapter 7 or Chapter 13 bankruptcy case in Kansas or Missouri.
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Who Is a Bankruptcy Trustee and What Do They Do?
Understanding the Role of a Bankruptcy Trustee in Your Case When filing for bankruptcy, you’ll likely encounter a bankruptcy trustee at some point in the process. But who are they, and what role do they play in your case? Here’s everything you need to know about bankruptcy trustees. Who Is a Bankruptcy Trustee? A bankruptcy
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