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Patton Knipp Dean, LLC Lenexa KS

When you are going through tough financial times, it is normal to borrow money from family and friends. Although you might be tempted to pay family and friends back, if you are considering filing bankruptcy, the repayment might be short-lived. Unfortunately, the bankruptcy court treats family and friends the same as any other creditor.

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Patton Knipp Dean, LLC Lenexa KS

Many people who are considering a Chapter 7 or Chapter 13 bankruptcy in Missouri are completely unfamiliar with exemptions, and how to protect property when declaring bankruptcy. For the most part, most of your property can be protected, but not all of it. This article will help clear up any questions you may have regarding bankruptcy exemptions, regardless of whether you will file Chapter 7 or Chapter 13.

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Patton Knipp Dean, LLC Lenexa KS

If you live in the Kansas City area of Kansas or Missouri and are considering Chapter 13 bankruptcy, you may be curious regarding the advantages and disadvantages of this type of bankruptcy. Most people realize that filing bankruptcy will impact their credit score and ability to make certain purchases for a period of years, however bankruptcy can be the perfect solution for those who face overwhelming financial issues – a huge burden off of your shoulders, and your mind, giving you a sense of peace and relief. At Patton & Knipp, we want to enlighten those who are thinking of filing Chapter 13 bankruptcy regarding the advantages and disadvantages, including long-term financial relief.

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