Tag: wichita ks bankruptcy
New clients frequently ask, “How soon can I file my bankruptcy?” Practically speaking, it is possible to file a bankruptcy case very quickly. But unless there is a real emergency, such as an upcoming foreclosure sale, it usually makes sense to take a more deliberate approach. I utilize a three-step approach to the preparation and filing of a bankruptcy case.
I typically meet with my clients at least three times before the bankruptcy case is filed. While this may seem like a significant time commitment, these meetings provide valuable opportunities to get to know each client’s case. As a result, I am able to build strong relationships with my clients, provide personalized legal advice, and identify issues to resolve at the outset of the bankruptcy case.
Is it time to start thinking about showing … Read More »
If you are considering filing for Chapter 7 bankruptcy, it is important that you separate fact from fiction. As a bankruptcy attorney in Wichita, Kansas, I know there is a lot of misinformation about bankruptcy. Here are seven facts about Chapter 7 bankruptcy to help set the record straight:
1. You won’t lose all your property.
One of the most prevalent myths surrounding bankruptcy is that you will lose all your property if you file. Even though Chapter 7 bankruptcy is called “liquidation”, exemption laws allow people who file bankruptcy to retain certain property. In many instances, people may retain all of their property in a Chapter 7 bankruptcy.
People filing for Chapter 7 bankruptcy in Kansas typically utilize exemptions to protect their principle residence, vehicle, retirement accounts, clothing, jewelry, life insurance, household goods and … Read More »
Clients filing bankruptcy ask lots of questions, and that is a good thing. Many times, I am the first attorney my clients have ever met with, so it is important that I assess their situation thoroughly and give honest and complete answers to their questions. This helps me establish credibility and a relationship with my clients. Plus, it gives my clients a sense of comfort knowing their questions have been considered and answered thoughtfully.
However, communicating with my clients is not a one-way street. As I meet with people and help them prepare for a bankruptcy filing, I listen to what they have to say. Interestingly, it often provides me with insight into what my clients are experiencing in their daily lives and what led them to my office.
Of the many comments I … Read More »