The New Bankruptcy Laws

The New Bankruptcy Laws

Yes, You Can Still File Bankruptcy

There has been a lot of misinformation about the new bankruptcy laws that were passed in 2005. Contrary to what you may have heard, many people suffering from an unmanageable debt load can obtain relief through Chapter 7 bankruptcy. For people who are not eligible for Chapter 7 relief, Chapter 13 is frequently an available alternative.

The following is a list of bankruptcy myths that are not true:

  • You cannot discharge credit card debts as a result of the new laws
  • You cannot discharge medical debts as a result of the new laws
  • It is almost impossible to obtain a Chapter 7 bankruptcy
  • Tax debts can never be discharged

If you have debt problems and need to know the facts about filing bankruptcy, contact an experienced attorney at the law office of Weston R. Moore. Based in Olathe, Kansas, our firm handles personal bankruptcy and commercial bankruptcy cases on behalf of clients in Kansas and Missouri. To schedule a free consultation with an attorney at our firm, call 913-782-7075.

Am I Eligible for Chapter 7 Bankruptcy?

Pursuant to the new bankruptcy laws, people who seek Chapter 7 relief must pass an economic means test. Unfortunately, many people mistakenly assume that they will not pass the means test and choose not to contact an attorney as a result.

In reality, many people can and do meet the eligibility requirements for Chapter 7 bankruptcy. Moreover, most people who are not eligible for Chapter 7 relief are eligible for Chapter 13 relief or other debt relief assistance.

Contact a Bankruptcy Attorney to Learn More

If you are struggling with debt and need to speak to a lawyer about Chapter 7 bankruptcy, Chapter 13 bankruptcy, home foreclosure avoidance, creditor harassment or another debt related challenge, contact the law office of Weston R. Moore. We are located in the city of Olathe in Johnson County, Kansas. For assistance, call 913-782-7075, or contact us by e-mail.