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Category Archives: Firm News
Kansas City Lawyers and Serbian Federal Government Officials Connect Over Bankruptcy
Kansas City lawyers at The Sader Law Firm and the Serbian Ministry of the Economy met last month to discuss a common interest. Both parties have a stake in the same wager: personal bankruptcy can incite economic progress while also contributing significantly to the financial success of individual citizens and businesses. The Serbian federal government sent a delegation to the United States this past September through the hospitality of the International Visitor’s Leadership Program, the educational arm of the Department of State. Locally, they were hosted by the non-profit Global Ties KC, which brings over 300 delegates to the Kansas City area annually on behalf of the Department of State. The delegates visited New York, Washington D.C., Reno, Nevada, and Kansas City to meet with local legal experts as well as government officials in each city. The aim of these visits included an overview of United States federal bankruptcy policy,…
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Bradley D. McCormack Helps Client Discharge $19,000 in Debt by Winning Adversary Proceeding
One of our attorneys, Bradley D. McCormack, recently helped a client discharge thousands of dollars in debt during a complicated Chapter 7 bankruptcy case. After our client had filed his bankruptcy paperwork, his ex-girlfriend alleged that he owed her $19,000 in personal loans. She had objected to the discharge of this debt, claiming our client had made omissions and misrepresentations on his bankruptcy disclosure forms. After a multi-day trial in bankruptcy court, attorney Bradley D. McCormack was able to show that the alleged omission or misrepresentation was immaterial and without fraudulent intent. For example, during the trial, it was admitted our client mistakenly failed to include two contractor licenses. However, the court noted that these licenses had no value and their failure to be listed on the disclosure forms was a simple inaccuracy. As a result of Bradley D. McCormack’s skill, the Court denied the Objecting Creditor’s arguments and allowed…
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The Sader Law Firm Writes Article for Primerus Paradigm Magazine
Kansas City bankruptcy attorneys Neil S. Sader and Michael J. Wambolt have written an article for the Spring 2017 edition of Primerus Paradigm magazine. The article, titled “For Federal Student Loan Debt, What You Owe Is Less Important Than What You Know”, discusses helpful debt relief options available to borrowers with federal student loans. The premise of this article is that if you are struggling with student loans, knowledge is power. It is important to know which options are available for lowering payments or seeking loan forgiveness. Neil Sader and Michael Wambolt discuss several helpful options for borrowers who are struggling to pay back federal student loans. These options include: Income-driven repayment plans: Borrowers with federal student loans have one or more options to enroll into income-driven repayment programs. These programs limit monthly payments to a percentage of discretionary income. Loan forgiveness: Some borrowers may be eligible for loan forgiveness…
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