Monthly Archives: September 2008

Bailout No Help for Kansas Home Borrowers

Legislation that would have allowed for bankruptcy court-supervised loan modifications in some limited circumstances, sometimes called lien stripping, was stripped from the Wall Street bailout bill in Congress this weekend after protests from the mortgage bankers.  The Center for Responsible Lending had predicted that the proposed legislation would have resulted in 3,587 fewer Kansas homes…

New Mortgage Payment Rule Clarified

New Standing Rule 08-01 for ongoing mortgage payments through the 13 trustee in Kansas applies to all chapter 13 banrkuptcy cases filed on or after October 1, 2008.  Debtors in cases filed earlier will not be subjected to the new rule even if they subsequently become delinquent on their home mortgage payments. The Hon. Janice…

New Address for KCK Chapter 13 Payments

Effective October 1, 2008, all chapter 13 payments to William H. Griffin Trustee must be mailed to PO Box 613106, Memphis TN 38101. Payments to Griffin, the standing chapter 13 bankruptcy trustee for cases filed in Kansas City, Kansas, will no longer be accepted in person at Griffin’s office in Fairway, at meetings of creditors…

New Rule: Chapter 13 Mortgage Payments Through Trustee

The Kansas Bankruptcy Court adopted a new rule requiring chapter 13 debtors behind on mortgage debts when the bankruptcy case is filed to be paid through the trustee.  The rule goes into effect for cases filed on or after October 1, 2008. Proponents of the new rule say the chapter 13 trustee records will aid…

Kansas City Software Firm Hired for Largest U.S. Bankruptcy

The Kansas City, Kansas, computer software company used by one Topeka chapter 7 bankruptcy trustee was chosen this week to manage claims for Lehman Brothers Holdings Inc., the largest bankruptcy case in U.S. history. Epiq Systems Inc., develops software to manage bankruptcy cases.  It has experience with large chapter 11 bankruptcy cases including World Com…

Kansas Bankruptcy Court Unveils New, Improved Website

The U.S. Bankruptcy Court for the District of Kansas unveiled today a new and improved website at www.ksb.uscourts.gov. Improvements will continue to be made by court personnel for the near future including a RSS feed.

Topeka Debtors Allowed Means Test Deduction for Cars With No Liens

EDITOR UPDATE:  This post is out of date.  Judge Karlin reverted to her original ruling in In re Law after the Pearson decision was vacated.  This issue is currently pending the the U.S. Court for the Tenth Circuit  so we should have a binding ruling soon.  December 13, 2009. Topeka Bankruptcy Judge Janice Miller Karlin…

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