Many people are under the impression that once their car is repossessed, they are free and clear of the burden. Unfortunately, that isn’t always true. When your repossessed car is later sold at auction and is sold for less than you owe, you will still owe the difference. That difference is called a deficiency balance and your lender will… Continue reading
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… Continue reading
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.
The recent announcement… Continue reading
If I file for Missouri bankruptcy what will happen to my tax refund? If there are any Missouri bankruptcy attorneys reading this they will no doubt chuckle. That’s because the answer, as is so often the case with Missouri bankruptcy, is that it depends. Things such as when you receive your tax refund and what type of bankruptcy you’re filing have to be taken into account. I know a lot… Continue reading
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
What is a wage garnishment? A wage garnishment is a common tactic used by creditors in an attempt to collect a debt where they take a portion of your paycheck.
According to Missouri wage garnishment laws, creditors can take up to 25% of your paycheck or 10% if you are head of household. According to Illinois wage garnishment laws, creditors can take 15% of your paycheck, regardless of… Continue reading
A wage garnishment is a common tactic used by creditors to collect a debt—and it is troubling hard workers all over America. Having a creditor garnish up to 25% of your paycheck (or up to 65% if the debt is child support) certainly doesn’t help you get out of debt or even stay current on your other bills. Typically, the reduction in income only makes your debt become larger… Continue reading
