A free guide for Missouri/Kansas residents considering bankruptcy. Filed in W.D. Mo. / D. Kan..
Using credit cards when you know you will file bankruptcy can be considered fraud. The Bankruptcy Code presumes fraud for luxury goods purchases over $725 within 90 days and cash advances over $1,000 within 70 days of filing. Best practice: stop using all credit cards immediately once you decide to file. The creditor can challenge discharge of those specific charges.
Filed in W.D. Mo. / D. Kan.. Courthouse: 400 E. 9th St, KC MO / 500 State Ave, KC KS.
Using credit cards when you know you will file bankruptcy can be considered fraud. The Bankruptcy Code presumes fraud for luxury goods purchases over $725 within 90 days and cash advances over $1,000 within 70 days of filing. Best practice: stop using all credit cards immediately once you decide to file. The creditor can challenge discharge of those specific charges.
Yes. This applies to W.D. Mo. / D. Kan.. Local trustee practices may vary. Consult a qualified attorney.
400 E. 9th St, KC MO / 500 State Ave, KC KS.
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