Helping You Decide Your Best Course of Action
When you have debts you cannot keep up with, or have fallen behind on,
filing for bankruptcy can be a viable solution to get you back on track.
Our Overland Park bankruptcy attorney can help you through every step
of the process.
As an overview, filing for either Chapter 13 or Chapter 7 bankruptcy involves:
- Filing documents with the court, disclosing your income, your assets, your
debts, and other relevant information
- Attending a meeting of creditors, which is a brief question-and-answer session
- Receiving a discharge of your debt, with some exceptions such as back child
support or student loans
Chapter 13 bankruptcy, we file a plan for repaying your debts, and you make one payment each
month that is distributed among your creditors. At end of the designated
plan period, any eligible unpaid debts are discharged. Under
Chapter 7 bankruptcy, you receive a discharge of eligible debts without a repayment plan,
but assets or property not protected by applicable law must be turned over
and liquidated. Most people opt to file for Chapter 13 bankruptcy, even
if they qualify for Chapter 7.
The process can be overwhelming—let our Overland Park bankruptcy
lawyer guide you through. Call (913) 225-8240 today.