Certain dollar amounts in the bankruptcy code are adjusted every three years for changes in the cost of living. The next change will be April 1, 2010. 2010 Federal COLA adjustments
Certain dollar amounts in the bankruptcy code are adjusted every three years for changes in the cost of living. The next change will be April 1, 2010. 2010 Federal COLA adjustments
More people will be able to get help for their debt problems on April 1, 2010, when the chapter 13 debt limits increase about seven per cent.
$360,475 of unsecured debt
$1,081,400 of secured debt
These numbers are the caps on the amount of debt an individual may have and be eligible for chapter 13 bankruptcy. The ceilings apply [...]
As the economy worsens, unemployment rises and family incomes are dropping, getting bankruptcy help gets a little tougher.
The bankruptcy income guidelines go down a few hundred dollars for Kansas cases filed on or after March 15, 2010. While this change probably won’t disqualify many debtors, the downward trend is disturbing and more evidence the means [...]
VITA volunteers will help people earning less than $49,000 per year with their tax return filing at two Topeka locations.
It will be offered at the Topeka and Shawnee County Public Library, 1515 S.W. 10th, Tuesdays 6 to 8:30 p.m., Thursdays 3 to 8:30 p.m. and Saturdays 1 to 4 p.m. through April 15.
Another site will [...]
(Topeka) — Starting Monday, January 25, free E-File income tax preparation is available on the first floor of the Docking State Office Building, 915 SW Harrison Street, Room 158, Topeka. The assistance site is a partnership of the Kansas Department of Revenue and the Internal Revenue Service’s VITA (Volunteer Income Tax Assistance) Program.
The site is [...]
Cathy Moran, my friend and blogging colleague on the Bankruptcy Law Network, has launched Bankruptcy Mastery, a website to train new consumer bankruptcy lawyers.
With 30 years of experience, Cathy is well-qualified to teach and mentor lawyers new to the consumer bankruptcy field. She is speaks on bankruptcy law topics on the national stage and is [...]
A DEBTOR MUST USE THE STRIPPED/CRAMMED DOWN AMOUNT FOR
PURPOSES OF CURRENT MONTHLY INCOME (CMI) ON LINE 47 OF B22C
In re Hoss, Case No. 08-10365
In re Arroyo, Case No. 07-12779
August 2008, Judge Nugent
In above median income (AMI) cases, debtors sought to deduct contract payments, rather than the stripped off/crammed down amounts. The Court sustained the Chapter [...]
A Topeka, Kansas, consumer bankruptcy case is pending in the U.S. Supreme Court. It involves the Topeka chapter 13 trustee objecting to Stephanie Lanning’s bankruptcy plan.
Lanning had taken a buyout and left her job at Payless Shoesource. She was working at Joann’s Fabrics for less money when her bankruptcy was filed.
When Lanning took the bankruptcy [...]
The U.S. Bankruptcy Court for the District of Kansas is taking written comments on Proposed Local Rules of Practice and Procedure until January 1, 2010.
Interested persons, whether or not members of the bar, may submit comments on the Proposed Local Rules addressed to the Clerk of the United States Bankruptcy Court for the District of [...]
Among the time-computation amendments to the Federal Rules of Bankruptcy Procedure that will take effect on December 1, 2009, are changes to 12 rules that will result in a reduction by one day (from 15 to 14 days) of the time to take action. The affected rules are Bankruptcy Rules 1007, 1019, 1020, 2015, 2015.1, [...]
A Florida debt adjuster sent letters to Chapter 13 bankruptcy debtors in Kansas falsely telling them that their bankruptcy cases were dismissed and to call right away “to discuss the terms of your dismissal.” What a scam!
These letters from First American Debt Solutions are absolutely FALSE! The bankruptcy cases are NOT DISMISSED! These letters are [...]
Mark Neis and Jill Michaux file chapter 7 and chapter 13 bankruptcies in Topeka, Kansas, and Kansas City, Kansas. The cases are filed in the U.S. Bankruptcy Court for the District of Kansas in the Topeka or Kansas City Divisions.