If you have a spouse and children, the last think thing you have time to think about is your snowballing debt.  Life is difficult enough as it is having to juggle the demands of work, family, and other personal and professional matters.  But when it gets to the point that you have to worry about having enough money to feed your family and provide for their basic needs, something needs to be done – and fast.  Whether the debt that you and your family have accrued is a result of losing a job or having medical bills and other unexpected costs, you should consider all of your legal options, such as filing for bankruptcy.  Accordingly, the first step you should take is to speak with an experienced Kansas City bankruptcy attorney in order to learn how you can regain your life and financial freedom. 

On a weekly basis, current and prospective clients alike ask us whether it is better to file individually or jointly with a spouse.  While there are certain benefits associated with either of these two options, it is important to understand that both parties to a marriage are responsible for each other’s debts.  To illustrate, if your spouse decided to open up a credit card in his or her name and then use it to buy clothing or other items, the other spouse is still liable for the debt. Therefore, if a client is married, we typically recommend that they file jointly.  However, every client’s circumstances are different, requiring us to render a legal conclusion uniquely tailored to the individual facts of the individual’s case.

No matter how your family’s debt situation currently stands, we will take the time necessary to evaluate the facts of your case and help you determine which form of bankruptcy is right for you – whether it be a Chapter 7 or Chapter 13 bankruptcy action.  Regardless of the form, filing a bankruptcy petition will have the following positive effects:

  • It will stop creditors from harassing you.
  • It will suspend legal actions being sought against you, such as executions of judgments, garnishments, liens, and foreclosure proceedings.
  • It will prevent companies from repossessing your property.
  • It will stop credit card companies from being able to sue you.

Call Us Now for a Free Confidential Bankruptcy Consultation

If you or a loved one has come to the point where you are considering bankruptcy, make an appointment with me, either on-line or by calling 913-742-8700.  I offer a free initial consultation.  We will look at your complete financial picture and do so in complete confidentiality.  Then I will be able to give you the best advice and you can take the best course of action possible, free from worries that you are inadvertently doing yourself a disservice.