Kansas

Will They Take My Annuity if I File for Bankruptcy?

by Jill Michaux, Kansas Bankruptcy Attorney

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 [...]

Phony Collectors Steal Identities, Bank Balances

by Jill Michaux, Kansas Bankruptcy Attorney

Phony debt collectors are making telephone calls to gain personal information and then stealing money by making unauthorized withdrawals of money from bank accounts, the Maryland Better Business Bureau warns, The BBB suggests you get the name, address and telephone number of the caller and then verify the debt in writing with the original creditor.  [...]