Tag Archive: Kansas City

Car Deduction Allowed on Means Test, Reversed by District Court

CAR DEDUCTIONS ALLOWED EVEN THOUGH NO LIEN
In re Thomas, Case No 06-21108
In re Camacho, Case No. 06-20729
October 2007,  Judge Berger
UST Motion To Dismiss under 707(b) for presumed abuse based upon totality of circumstances was denied. The Court concluded that the debtors are entitled to claim vehicle ownership for expenses, even though debtors did not have [...]

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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 and [...]

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Involuntary Bankruptcy Filed on Kansas City Mortgage Company

A $49.8 millon creditor of NovaStar Home Mortgage Inc. filed an involuntary bankruptcy petition against the company in Kansas City this week.
The petition was filed January 23, 2008, in the U.S. Bankruptcy Court for the Western District of Missouri at Kansas City.
For more information see the article in the Kansas City Business Journal or [...]

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1923 Disney Bankruptcy in Kansas City

Did you know Walt Disney’s Missouri company, Laugh O Gram Films, Inc., was forced into bankruptcy in Kansas City on October 4, 1923? Fellow blogger, Rachel Foley of www.kcbankruptcy.com, and lover of all things Disney, proudly displays the bankruptcy documents in her office.
As Rachel says, “Walt went into bankruptcy with Oswald the [...]

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