As a St. Louis bankruptcy attorney, I have potential clients come to me asking about wage garnishment laws. That’s not as easy of answer as one might think because in our area people come to see me from two different states that have different regulations when it comes to wage garnishments. I can give you the different rates that can be used if your wages are garnished in Missouri and Illinois.

• The standard wage garnishment/deduction:

• In Missouri: 25%
• In Illinois: 15%

• If you are the head of household:

• In Missouri: the standard rate goes down 10%
• In Illinois: the standard rate remains the same

• If your wages are being garnished for child support:

• In Missouri: Up to 65% of your wages can be garnished
• In Illinois: For 1 child you can be garnished 20% of your income, it goes up to 28% for 2 kids, and up to a maximum of 50% for 6 or more children

Bankruptcy is a solution to wage garnishment, it completely stops once you file. Filing bankruptcy can also stop creditors from taking any other action against you, such as, repossession, foreclosure, etc.

If your wages are being garnished in Missouri or Illinois, you may not need a lawyer, but what you do need is helpful information to arm you from harassing creditors. That’s why my best advice is before you speak to a St. Louis bankruptcy attorney, debt collectors, or sign any forms, you need to read my free book. “Get Out of Debt: Secrets Your Creditors Don’t Want You to Know” can give you the answers you need to start fresh financially.

It’s my job, as a St. Louis bankruptcy lawyer, to get free information into the hands of people experiencing job layoffs. The US Postal Service is expected to provide further details for their plans to cut around 7,500 administrative positions. Just as I did for the employees of KV Pharmaceutical and US Fidelis, I want to help these people as best as I can.

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Your livelihood is defined as your means of support or subsistence, but it doesn’t only mean your job. What are all the things that you need to survive? Most people would find that along with their jobs, they need their families and personal health and happiness to live the life they want to live. And while Missouri or Illinois bankruptcy affects your livelihood in many aspects, it may not be… Continue reading

The job market in Bridgeton, Missouri has taken a significant blow. Despite reports of gains in the St. Louis job market, 289 KV Pharmaceutical employees lost their jobs early this month. That number accounts for almost half of their workforce.

KV Pharmaceutical was hit hard when a subsidiary, Ethex Corp, was accused of and plead guilty to two felony counts of criminal fraud for manufacturing oversized tablets and… Continue reading