Year: 2019

Understanding the Kansas Homestead Exemption

Moving to Kansas – Unlimited Homestead Exemption Kansas has a very favorable homestead exemption. The homestead exemption in Kansas is unlimited, which means you could own a million dollar home in Kansas and still keep all the equity in your Kansas home even after filing for Bankruptcy protection. Some people want to move to Kansas …

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Kansas City Bankruptcy Attorneys

Kansas Bankruptcy Exemptions

Kansas City Bankruptcy Attorneys, Troppito Miller Griffin, LLC When you file Bankruptcy in Kansas, you may keep certain property under the Kansas exemptions. The Kansas exemptions are listed below. ASSET EXEMPTION DESCRIPTION (PROPERTY YOU CAN KEEP) HOMESTEAD Real property or mobile home you occupy or intend to occupy to unlimited value; property cannot exceed 1 …

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Kansas City Bankruptcy Attorneys

Kansas Bankruptcy Petitions

Kansas Bankruptcy Petition Official Bankruptcy Form No. 1 is what begins your bankruptcy in Kansas. It is called the “Petition”. There are certain “Exhibits” and “Schedules” (attachments) that must accompany the Petition when it is filed with the Bankruptcy court. What is Required to be Attached to the Kansas Bankruptcy Petition? The Kansas Petition requires …

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Kansas City Bankruptcy Attorneys

Kansas Bankruptcy Petition Requirements

The bankruptcy petition is the document that begins your bankruptcy. The Kansas Petition requires the following: The debtor is required to provide all names used in the preceding 8 years. This complete list allows creditors to identify the debtor properly when they receive notices and orders. The debtor is required to provide the street address …

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Kansas City Bankruptcy Attorneys

What Is Included in the Bankruptcy Estate?

When you file for bankruptcy protection, all interests you have in property at the time you file become part of the Bankruptcy estate. The Bankruptcy Trustee controls all of your property at the time of your Bankruptcy filing so that it can be distributed (paid to) to your creditors, unless that property is not part …

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