Debt Elimination
Assistance from Our Kansas City & Johnson County Bankruptcy Lawyers
Facing your debts can be daunting. The often overwhelming thought that you cannot pay your bills and make ends meet can greatly impact you and your family’s quality of life, and having debts hanging over your head can create uncertainty and unnecessary stress.
Don’t face your debts on your own. If you live in Johnson County, Wyandotte County, Jackson County or anywhere in the Kansas City metro area, contact Moore & Associates, LLC for help with debt elimination.
How Can I Eliminate My Debts?
Bankruptcy law allows some debts to be discharged or eliminated upon the filing of a bankruptcy petition. If a debt is discharged it means that the bankruptcy filer is no longer legally liable to pay that debt. In essence, that debt is eliminated.
The types of debts that can generally be eliminated include:
- Credit cards
- Medical bills
- Payday loans
- Personal loans without a pledge of collateral
- Overdue utility bills
- Debts arising from a past car repossession or eviction
- Debts owed because of a past foreclosure
- Most lawsuit judgments
Certain back tax debts may also be discharged if your tax returns were filed in a timely manner and certain other criteria are met. To learn more about issues that arise with tax debts, do not hesitate to contact Moore & Associates, LLC.
Are There Debts that Cannot be Eliminated?
Debts that cannot be discharged by filing bankruptcy include:
- Child Support & Alimony
- Most Taxes
- Secured Debts to keep assets - mortgage & car loans
- Nebraska Furniture Mart
- Student Loans
- Criminal & Traffic Fines
- Unemployment Overpayments
- Social Security Overpayments
In these cases, our Kansas City and Johnson County bankruptcy attorneys can help you devise a plan to help you pay back what you owe and get you back on your feet.
Call our firm today at (913) 225-8330 to learn more during a complimentary consultation.