Toys R’ Us to Close 180 Stores

Toys R’ Us has announced that it will close approximately 180 stores as part of their bankruptcy reorganization.  At the time of filing for bankruptcy, Toys R’ Us had over $5 billion in debt.  If you are a business owner that is struggling financially, contact our law office at 816-524-4949 or visit our website at Hoorfarlaw.com.

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Failing to Disclose a $46,000 Diamond Ring in Bankruptcy is Fraud

In bankruptcy, you must disclose all of your assets.  An Idaho couple failed to disclose a $46,000 diamond ring because the wife had thrown it in a lake when she discovered that her husband had been unfaithful.  Failure to disclose assets in a bankruptcy can result in all of your debts coming back to haunt you and possible jail time.  If you are thinking about filing for bankruptcy and need someone to talk to, contact our law office at 816-524-4949 or visit our website at Hoorfarlaw.com.

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Employee Spotlight

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Diana serves as an Attorney Liaison for the Law Office of Camron Hoorfar, P.C. Diana’s role in the office is to manage client accounts and track accounts receivables, assist with marketing, communicate with clients, and assist the family law attorney for pending family law matters. Diana also serves as one of the notaries for the Law Office of Camron Hoorfar, P.C.

Diana is originally from Belton, Missouri. Diana graduated from Heartland Academy in 2011.

In her free time, Diana enjoys spending time with her husband, her daughter, and her friends. She also enjoys photography and super-hero movies.

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Lee’s Summit Car Dealership Closes Among Allegations

Rocky Mehrraffie and Auto Enterprise has closed its used car dealership in Lee’s Summit.  At the time of the closure, the dealership was accused of selling vehicles without titles and selling vehicles that had been in a flood.  If you believe that you have been taken advantage of and would like to chat with an attorney, contact our law office at 816-524-4949 or visit our website at Hoorfarlaw.com.

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Shooting the Wrong Police Car is not a Defense

Aiming at a police car but shooting a different police car is not a defense to the crime of assaulting an officer.

If you have been charged with a crime and need legal representation, contact our law office at 816-524-4949 or visit our website at Hoorfarlaw.com.

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Missouri Issues New Rules on Expungements

An expungement is when you ask a court to remove a conviction or guilty plea of a crime from your criminal record.  Missouri has issued new rules on expungements.  First, there is now a $250 filing fee.   Second, only the following crimes can be expunged: (1) any felony or misdemeanor offense of writing a bad check, (2) any felony or misdemeanor offense of fraudulently using a credit device, and (3) other offenses.  Third, the following crimes cannot be expunged: (1) Class A felonies, (2) Dangerous felonies, (3) Sex offenses, (4) Crimes resulting in a death, (5) Felony assault, and (6) other offenses.

If you are looking into a Missouri expungement and want someone to talk to, contact our law office at 816-524-4949 or visit our website at Hoorfarlaw.com.

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2017 Tax Season Starts January 29

The IRS has stated that it will begin accepting tax returns on January 29, 2018.  The tax deadline to file your 2017 income tax returns is April 17, 2018.  Tax refunds are expected to begin being paid out around the middle of February 2018.

If you need assistance in preparing your 2017 income tax return, contact our law office at 816-524-4949 or visit our website at Hoorfarlaw.com.

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Tax Department Can Estimate Your Business Income

The Missouri Department of Revenue is able to review your bank statements and credit card transactions, among other documents, to determine how much money you made and whether you accurately reported your income.  If you do not provide them with your bank statements or other documents, you may be charged a penalty for failing to keep adequate records.

If you have tax issues and need someone to speak with, contact our law office at 816-524-4949 or visit our website at Hoorfarlaw.com.

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Getting Rid of Student Loans in Bankruptcy

It is very difficult, almost impossible, to discharge student loans in a bankruptcy.  In order to do so, you must meet the three prong Brunner test.  Part of this test is that you must have made a good-faith effort to repay your student loans, including using your retirement funds to repay the loans.

If you have issues with student loans and would like to speak to an attorney, contact our law office at 816-524-4949 or visit our website at Hoorfarlaw.com.

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Ocwen Loan Servicing Sanctioned $119,000

A bankruptcy court has sanctioned mortgage servicer Ocwen Loan Servicing in the amount of $119,000 for violating the bankruptcy automatic stay.  The automatic stay stops a creditor from trying to collect on a debt that was discharged in bankruptcy.  Ocwen Loan Servicing was accused of calling a bankruptcy consumer over 100 times to collect a debt that was erased in bankruptcy.

If you have questions about bankruptcy and would like to speak with someone, contact our law office at 816-524-4949 or visit our website at Hoorfarlaw.com.

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