Are you considering filing for bankruptcy but don’t know which chapter is best for your financial needs? If so, we are here to help. Our site features connections to the top bankruptcy lawyers in Kansas who will answer all your questions and ensure you obtain debt relief quickly and smoothly.

We know just how hard it can be to find reliable legal counsel, so sit back and let us do the work for you. All of the attorneys you will find through our site have the experience and knowledge it takes to help debtors achieve financial freedom in the easiest way possible. Check out our attorneys today and experience the difference top legal counsel can make on your case.

Kansas Bankruptcy Facts

There are a few facts about Kansas bankruptcy laws before you go ahead and start the process of filing. Because there are several bankruptcy chapters that can be filed, it’s not always easy figuring out which one is best for your needs. Just the slightest mistake with your petition can lead to disastrous financial consequences, which is why an experienced Kansas bankruptcy lawyer should always be sought out.

Your attorney will help you determine out the best chapter to file in order to reduce or possibly even eliminate your debts as quickly and hassle-free as possible.

How Does Debt Accrue?

Debt can pile up at any time and for many different reasons. Sometimes debt is the direct result of a job loss or pay cut, while other times it comes about following an expensive medical bill. But regardless of what caused you to enter into debt, the important thing to remember is that you can get out of it through bankruptcy protection.

Choosing the Best Chapter for Optimal Debt Relief

Although there are several bankruptcy petitions that can be filed in Kansas, there are two chapters that are most commonly sought in the state: Chapter 7 and Chapter 13. Chapter 7 is called liquidation bankruptcy because a debtor’s assets are liquidated in exchange for the discharge of unsecured debt. Chapter 13 involves getting set up on a payment plan to pay off creditors over a period of time. Each of these chapters leads to very different outcomes, and just one small mistake petitioning the court for ether can lead you to incur even more debt.

Below are a few facts about each chapter to help you understand what the best options for your individual needs and financial situation are.
strong>Chapter 7 Bankruptcy

  • - Can be filed by both individuals and businesses
  • - Involves the liquidation of assets as a way to eliminate debt
  • - Most – if not all – debt is discharged
  • - Proceedings resolve quickly – some in as little as three months
  • - There is no minimum amount of debt required to file

Chapter 13 Bankruptcy

  • - Can only be filed by individuals
  • - Debt cannot be entirely eliminated
  • - No assets are liquidated
  • - Ideal option for debtors facing foreclosure
  • - Easier to qualify for than Chapter 7
  • - Takes longer to emerge from (three to five years)

Hiring an Experienced Bankruptcy Lawyer in Kansas

If you have been struggling with debt, the time to act is now. Kansas bankruptcy lawyers are waiting to help you obtain debt relief as soon as possible and we are here to connect you with them. Our site features links to some of the best local bankruptcy attorneys in the state who will stop at nothing to get creditors off your back and your debt wiped out. They handle every part of your case, from completing paperwork to analyzing your income, to determine the best course of action to achieve optimal debt relief.

Call one of our featured bankruptcy attorneys today to schedule a consultation and discuss your ideal bankruptcy plan.