Top Wichita, KS Business Bankruptcy Lawyers Near You
505 S. Broadway, Suite 205, Wichita, KS 67202
121 S Whittier St, Suite 330, Wichita, KS 67207
116 W Pine Ave, Suite 111, El Dorado, KS 67042
1625 North Waterfront Parkway, Suite 300, Wichita, KS 67206-6620
220 West Douglas Avenue, Suite 110, Wichita, KS 67202
300 W. Douglas, Suite 600, Wichita, KS 67202
301 N Main St, Suite 2000, Wichita, KS 67202
3330 W Douglas, PO Box 75037, Wichita, KS 67275
645 E Douglas Ave, Suite 100, Wichita, KS 67202
301 North Main Street, 1600 Epic Center, Wichita, KS 67202
1617 North Waterfront Parkway, Suite 400, Wichita, KS 67206-6639
1551 N Waterfront Pkwy, Suite 100, Wichita, KS 67206-4466
100 North Broadway Street, Suite 950, Wichita, KS 67202
8415 East 21st Street North, Suite 220, Wichita, KS 67206
8080 E. Central, Suite 300, Wichita, KS 67206
Wichita Business Bankruptcy Information
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Ample Experience
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Be in good standing with their bar associations and maintain a clean disciplinary record.Annual Review
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Pledge to follow the highest quality client service and ethical standards.
What Is Bankruptcy?
Bankruptcy is a legal process that allows people to get out from under debts that are causing serious financial harm. Through the bankruptcy process, you may be able to get rid of debts like medical bills, credit card bills, and other unsecured debts. Factors such as your income and whether you have assets that you can sell to pay off some of the debts are taken into account when filing for bankruptcy and will determine what happens.
What Happens When I File for Bankruptcy?
When you file for bankruptcy, you will be under a federal bankruptcy court’s supervision and protection. During this time, you, your lawyer, the court, and your creditors will work on a plan for discharging your eligible debts. Collectors will also be unable to repossess property and garnish your wages or bank accounts during this time.
How Much Does It Cost To File for Bankruptcy?
There is no easy answer to this question. The ultimate cost will be a mix of court filing fees and what you owe your attorney for guiding you through the process. What you owe will depend on how complicated your case is and whether there are any prolonged disputes with creditors. Most likely, however, the debt relief that comes with bankruptcy will outweigh any fees.
How Long Does Bankruptcy Stay on Your Credit Report?
A Chapter 7 bankruptcy filing will stay on your credit report for up to 10 years, while a Chapter 13 will remain for up to seven years. A bankruptcy filing will also harm your credit score. However, if you need to file for bankruptcy, it’s likely your score is not that high anyway, and your bankruptcy will give you a chance at a fresh start and time to rebuild your credit score.