DEBTOR GETS FEDERAL EXEMPTIONS IF MISSOURI RESIDENT IS ENTITLED TO KANSAS EXEMPTIONS AS OF DATE OF FILING In re Fabert, Case No. 06-21539 January 2008, Judge Somers For purposes of 522(b), debtor who was a Missouri resident as of date of filing … [Continue reading]
History of BAPCPA: Special Interest Legislation at Its Worst
Posted on June 4, 2008 Written by
BAPCPA (Bankruptcy Abuse Prevention And Consumer Protection Act Of 2005) has been characterized as among the best (or worst depending on point of view) examples of special interest federal legislation ever passed by Congress. The act’s history is … [Continue reading]
10% Home Mortgages Under Water
Posted on February 24, 2008 Written by
Here is a scary statistic for 2007 being reported by ABC News: 10% of American homeowners owe more money on their house than the house is worth. That figure has doubled from 5% in 2006. For homes purchased in the past two years, the figure shoots … [Continue reading]
Wichita Car Dealer Convicted of Bankruptcy Fraud – Facing 5 Years in Jail
Posted on February 23, 2008 Written by
A Wichita car dealer who gave money to relatives before filing his bankruptcy case and lied on his bankruptcy paperwork was convicted of federal crimes this week and faces possible jail time for his fraud. Evidence at trial proved he gave money to … [Continue reading]
Kansas Bankruptcy Judges End Secret Mortgage Fees in Chapter 13
Posted on February 22, 2008 Written by
The bankruptcy judges in Kansas have approved new language for all chapter 13 confirmation orders that will put an end to the abusive practice of secretly adding fees to a debtor's mortgage loan balance. No real estate creditor shall ever assess, … [Continue reading]
Attorney General Six Gives Foreclosure Advice – Get Attorney, Learn Options
Posted on February 21, 2008 Written by
Kansas Attorney General Stephen N. Six issued the following statement on home mortgage foreclosure this week, urging people facing foreclosure to seek help from an attorney. Home foreclosure is a growing problem in Kansas and across the nation. … [Continue reading]
Board Certification Renewed for Jill Michaux
Posted on February 10, 2008 Written by
Jill Michaux has earned recertification in consumer bankruptcy law by the American Board of Certification. She was awarded her 15 year pin as a consumer bankruptcy specialist. She was the first Kansas lawyer to be board certified in consumer … [Continue reading]
Can't Add Your Spouse to Your Individual Bankruptcy Case Later
Posted on February 4, 2008 Written by
Your spouse does not have to file bankruptcy with you in Kansas, but make sure you don't want to file a joint case, because you can't add your spouse to the case later. Judge Dale L. Somers denied an attempt by a debtor to add her spouse two months … [Continue reading]
EIC Exemption Pending in Kansas Legislature
Posted on February 3, 2008 Written by
A bill has been introduced in the Kansas legislature to exempt federal earned income tax credit. The law, if passed, would protect the funds from seizure by creditors. Earned income credit is money the federal government gives to low-income … [Continue reading]
More Kansans Can Qualify for Bankruptcy Help with Increased Income Allowances
Posted on January 27, 2008 Written by
The Kansas income guidelines for the bankruptcy means test go up February 1, 2008. Kansas Median Family Income by Family Size for Bankruptcy Cases Filed on or After February 1, 2008, 1 earner..........$38,594 2 persons........$52,989 3 … [Continue reading]
Wieland Named U.S. Trustee for Kansas
Posted on January 26, 2008 Written by
Richard A. Wieland has been named U.S. Trustee for Region 20, which covers Kansas, Oklahoma and New Mexico. Wieland has been serving as acting Region 20 U.S. Trustee since September 1, 2007. He is familiar to the Kansas bankruptcy bar, having … [Continue reading]
Involuntary Bankruptcy Filed on Kansas City Mortgage Company
Posted on January 25, 2008 Written by
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 … [Continue reading]
1923 Disney Bankruptcy in Kansas City
Posted on January 20, 2008 Written by
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 … [Continue reading]
Debtor Audits Stopped (for Now)
Posted on January 20, 2008 Written by
The U.S. Trustee has stopped auditing debtors in bankruptcy cases. The Executive Office of the U.S. Trustee says Congress did not fund the budget for the audits in the 2008 appropriations bill. Alternate funding is being sought so the audits can … [Continue reading]
Filing Bankruptcy in Topeka
Posted on December 25, 2007 Written by
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. … [Continue reading]
Hello Kansas!
Posted on August 26, 2007 Written by
Welcome to Kansas Bankruptcy Information Blog! … [Continue reading]
