More Help on Chapter 7 Bankruptcy in Kansas
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Chapter 7 Bankruptcy allows the debtor to file for a straight bankruptcy, wherein most debts are discharged. The exceptions include alimony, child support, student loans and undeclared debts.
Your bankruptcy attorney will list out all your assets and debts. Most of the debtor’s property and assets are liquidated and the creditors repaid. There are some exemptions though when filing chapter 7 bankruptcy, which the debtor is allowed to keep. In Kansas, the exemptions include the property you live in or intend to live in of less than 1 acre in the city and 160 acres on farm, clothing, food and fuel for a year, jewellery valued up to $1000 and motor vehicle of less than $20,000.
A court appointed trustee will consult with the creditors, before deciding whether a debt is dischargeable. At this point, your Kansas bankruptcy lawyer will help you understand the legal aspects of the consultations.
The two most common consumer bankruptcies are Chapter 7 and Chapter 13, our sponsoring lawyers handle these types exclusively so you can be sure you are getting accurate legal advice when you file bankruptcy. Our Bankruptcy attorneys will fight to protect your rights and your property, fight the aggressive and annoying creditors for you, and they can help you keep your home, vehicles and other property.
A lawyer will be committed to getting you debt relief and providing you with valuable information, services and advice to get you a better financial future. There are many convenient locations to make filing bankruptcy or learning about the alternatives we offer, even easier.Get Help Now