What is Reaffirmation?

When you reaffirm a debt, you agree that you will still owe the debt after your bankruptcy case ends. Both the creditor’s lien on the collateral (which gives the creditor the right to take the property if you fail to pay as agreed) and your liability for the debt under the original contract (called a promissory note) essentially survive bankruptcy

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Kansas Median Family Income Amounts

Did you Know? Your median income plays an important role in bankruptcy – it determines whether a person filing for Chapter 7 bankruptcy has to pass “The Means Test”, or not. The “Means Test looks at your income and expenses and determines if you can repay a certain amount to your creditors. If you can, you cannot file for Chapter

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