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1) WHAT IS BANKRUPTCY?


Bankruptcy is a legal procedure designed both to protect an individual or business that can't meet its financial obligations and to protect the creditors involved. To begin the process, proper papers must be filed.

There are specific chapters of the federal bankruptcy law. Proceedings under Chapter 7 (known as straight bankruptcy) involve taking most of the borrower's property.

 
 
 
About Us

KC Bankruptcy Group was formed as a collaborative effort between several area attorneys to help clients with their financial needs.

 

Chapter 7

The first step for most debtors is to consult an attorney. The debtor should meet with an attorney for between 30 to 60 minutes on the first visit.

Chapter 11

Chapter 11 bankruptcy is a form of bankruptcy reorganization available to individuals, corporations and partnerships.  It has no limits on the amount of debt, as Chapter 13 does. 

Contact Us

Jerry Potocnik
1200 Corporate Center
1200 S. Outer Rd.
Blue Springs, MO 64015
816-224-3133
Jerry.Potocnik@kcbankruptcygroup.com

 
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