Tag Archives: Bankruptcy

3 Helpful Tips for Filing Your Taxes in 2020

  Tax season is quickly approaching, which may not be the most exciting news. We all hope for a quick and painless tax season, and perhaps a substantial refund, this time of year. Fortunately, there are ways of making the filing process easier, and thus more enjoyable. Below we sketch out some top tips for filing taxes in 2020, along with information on how to handle bankruptcy and the IRS. Tips for Filing Your Taxes in 2020 1. Find a free filing service. There are now many free tax filing services available online. The IRS offers their Free File option on their official website. For those who make less than $69,000 a year, Free File offers name brand software for filing federal taxes. Those who make more can find an electronic alternative to the traditional paper tax forms. You can also use Free File to get an automatic six-month extension…
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Should I File for Bankruptcy?

Struggling with debt can sometimes feel overwhelming and never-ending. Fortunately, there are ways to move yourself and your finances beyond your current struggles. Filing for bankruptcy may provide benefits that far outweigh the woes that come with constantly battling debt. Before taking this route, however, it is important to know whether your financial situation warrants such a decision. If you are struggling with the question of whether you should file for bankruptcy, keep reading to learn more about the warning signs. Below, we outline a number of warning signs that are often caused by difficult financial situations. Identifying one or a combination of these indicators may help you determine when to file bankruptcy. If any of these scenarios describe your situation, then we encourage you to speak with a Kansas City bankruptcy lawyer from our firm. Collection Agencies Are Contacting You Typically, this happens when you have failed to pay…
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Using Bankruptcy to Save Your Home and Stop Foreclosure

Your home is where you raise your kids. It is where you have family meals and celebrate holidays. It is where you make many of your important memories. Excessive debt and falling behind on mortgage payments can jeopardize everything. If you fall too far behind on payments, then you could lose your home to foreclosure. Is there a way to stop foreclosure and save your home? If you received a foreclosure notice, then you might feel as if all hope is lost. Protecting your home from foreclosure may seem like an insurmountable task. Fortunately, there are ways families can keep their homes. A Kansas City bankruptcy lawyer can review options for stopping foreclosure. Your attorney can guide you through the process of saving your home. Some of those options could include filing bankruptcy, filing for a loan modification, or filing suit against the bank. However, bankruptcy is an option that…
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