Kansas City Chapter 7 & 13 Bankruptcy Attorney
Do you want to stop the threatening letters and phone calls from aggressive creditors? Do you want credit card debt relief? Do you want to avoid wage garnishment or the threat of foreclosure? Bankruptcy may be the answer for you.
At The Law Office of David S. Adams in Olathe, Kansas, I can help you decide if bankruptcy is right for you. My goal is to get you through this bankruptcy in better financial shape than when you came in. Contact me online or by calling (913) 782-5500 to set up your free initial consultation.
Olathe and Johnson County Kansas Bankruptcy Information
I believe in giving my clients all of the information they need to come to the right decision. Read more about bankruptcy and become informed about your choices:
- Top 10 Things to Know About Bankruptcy
- Five Mistakes to Avoid in Filing for Bankruptcy
- Beware of Losing Your Tax Refund in Bankruptcy
- Taxes and Student Loans in a Kansas Bankruptcy to Taxes and Student Loans in a Kansas Bankruptcy
Personal Bankruptcy in Kansas
- Chapter 7 Bankruptcy: Chapter 7 bankruptcy discharges all unsecured debt. You do not have to pay back any of the unsecured debt, and you will be given a new start on your finances. Dischargeable debt includes credit card debts, debts resulting from medical bills and some other types of debt. Some debts cannot be discharged, however, such as student loans, tax debt, child support and court-ordered criminal restitution.
- Chapter 13 Bankruptcy: Chapter 13 bankruptcy allows consumers to pay back their debts over a three- to five-year time frame. If you are in danger of losing your house or your car, Chapter 13 may help you avoid repossession and foreclosure. As with Chapter 7 bankruptcy, Chapter 13 bankruptcy does not discharge student loans or child support obligations, but it can help you get a handle on it.
When you come to my office in Olathe, Kansas, I will look at your situation and determine the type of bankruptcy for which you qualify. I will file your bankruptcy paperwork and work with you to start rebuilding your credit and your financial future.
Bankruptcy and Your Credit Score
Bankruptcy does lower your credit rating. However, many people who are considering filing for bankruptcy already have compromised credit scores. Bankruptcy is a way to eliminate your debt and get back on your feet. I have seen many success stories come out of filing for bankruptcy. Individuals can often qualify for loans as soon as a year after filing.
The decision to file for bankruptcy is important. To speak with an experienced bankruptcy attorney, contact my Olathe, Kansas, office.