Honesty and full disclosure are required to get a bankruptcy discharge, but the odds of your case being audited are low. One in 583 cases out of 1.4 million bankruptcies filed was chosen for audit in fiscal year 2009. Compare that with a little more than one in 100 tax returns audited by the IRS. [...]
Jill Michaux, Kansas Bankruptcy Attorney
Brett Weiss, BLN blogger and Maryland bankruptcy attorney, tells why the present mortgage modification programs are “Band-Aids on gaping wounds” and why changing the law to allow home mortgages to be modified in bankruptcy would be a solution to the mortgage foreclosure crisis.
A 32-year-old single mother of two filed for chapter 7 bankruptcy in Kansas and lost her $900 monthly lifetime annuity payment. This week she lost her attempt to protect the annuity from her creditors and the bankruptcy trustee. The chapter 7 bankruptcy trustee likely will sell the future stream of annuity payments for a lump [...]
Do I get a discharge if I stop making my chapter 13 bankruptcy payments? I did not reaffirm my mortgage in my chapter 7 bankruptcy, may I walk away? Bankruptcy discharge or dismissal, what is the difference?
The standing chapter 13 bankruptcy trustee for the District of Kansas in Kansas City has moved to a new office at 6330 Lamar, Ste. 110, Overland Park, KS 66202. Phone numbers and email addresses are unchanged. Payments are not accepted at the trustee’s office. Payments to William H. Griffin, Trustee, should be mailed to PO [...]
