Bankruptcy FAQ: Common Questions about Kansas Bankruptcy
Kansas Bankruptcy Attorney
Can I save my home?
There are a number of possibilities if you are in danger of losing your home through foreclosure. In some cases, there is a foreclosure defense that can be launched on your behalf, particularly if the mortgage broker made promises to you that didn't prove to be true. In other cases, filing for Chapter 7 or Chapter 13 bankruptcy halts the foreclosure process giving us time to work out a solution and save your property. Even in a Chapter 7 there are strong options if you hope to keep your home. Getting your financial situation immediately assessed by a Kansas bankruptcy lawyer is an urgent matter if you are facing foreclosure. Rick Hodge, Attorney at Law, has been helping Kansas residents for over 14 years and can assist you in determining your best course of action to keep your home.
Will my credit be ruined if I file for bankruptcy?
Usually those who are considering bankruptcy already have problems with their credit. Interestingly, you may actually have a better report when you have filed bankruptcy as you will now be free of the majority of your debt. In many cases, a home foreclosure is more damaging than filing for bankruptcy, and you are more likely to be able to get a mortgage in the future through bankruptcy, whereas a foreclosure can make it very difficult.
Will people find out I filed for bankruptcy?
It is unlikely that anyone would find out unless you told them. Although it could be searched, very few people would be interested in finding out if you had filed or not. So many individuals, couples and small businesses have filed bankruptcy since the economic downturn that you might be surprised to find out how many of your neighbors, friends and associates are already enjoying the relief from debt that bankruptcy brings.
Will I qualify for bankruptcy?
This can be quickly determined by an assessment of your financial situation. Even though there are more requirements and restrictions for filing Chapter 7, the majority of our clients still qualify. If not, they can file Chapter 13 and resolve their financial problems. Let us answer your questions about bankruptcy in Kansas.
What can your firm assist with?
Our legal team helps clients with all types of debt-related matters, including the following:
Contact a Kansas Bankruptcy Attorney
from our firm. We can answer your questions about resolving serious financial problems.