Chapter 13 bankruptcy provides many great benefits to hard-working Americans who have fallen into debt like protection from foreclosure, credit card debt help, and relief from wage garnishment. To get these benefits, however, there are a few rules you have to follow. Continue reading
Divorce is an epidemic in America. According to the Forest Institute of Professional Psychology, about half of all first marriages end in divorce, with the statistics only getting worse as you move to second and third marriages. Statistics have also shown that money is the number one cause of all marital problems. While many couples that go through Missouri or Illinois bankruptcy are experiencing or have experienced problems in their marriage, it typically isn’t the bankruptcy that’s causing the divorce; it’s the debt. Continue reading
A free consultation is really just a call to action from an attorney. By offering a free consultation, a St. Louis Missouri or Belleville, Illinois bankruptcy attorney gets you to take the next step in getting protection from foreclosure, credit card debt help, and relief from the harassment of your creditors. Continue reading
Like so many questions about bankruptcy, keeping your refund depends on your situation. Often, the only thing we have to look forward to during tax season is the possibility of getting a refund. But keeping your refund in Missouri or Illinois bankruptcy isn’t quite as simple as it seems.
If you owe any money to Uncle Sam, like back taxes, the IRS can take your refund to pay on… Continue reading
Like so many questions about Missouri and Illinois Bankruptcy, it depends on your circumstances as to whether it will be hard to file for bankruptcy or not. If you are choosing to file bankruptcy by yourself, I would say yes, it will be hard. Continue reading
Many questions that come in about bankruptcy come out of fear and worry: Will I lose my home? Will bankruptcy lead to divorce? Is my credit ruined for 10 years? Often, the overall goal and relief that Missouri or Illinois bankruptcy provides is overlooked. Today, let’s focus on the positive. What is the difference between a discharge and a fresh start? Continue reading
One of the most common questions I get about Chapter 7 bankruptcy in Missouri or Illinois is, “Will I lose all my property?” You determine the fate of your property in a statement of intention. You have three choices in a statement of intention, which are to reaffirm, redeem or surrender the property. Which one should you choose? Continue reading
When you first begin your research on filing Missouri or Illinois Chapter7 or Chapter 13 bankruptcy, you will most likely run across some terminology you may be unfamiliar with, such as dischargeable and non-dischargeable debt. First of all, a discharge is the legal elimination of debt through a bankruptcy case. That means your creditors can no longer garnish your wages, take your property, or harass you on the phone to try and get it back because you no longer owe them the debt. So, what debts are included in the elimination? Continue reading
Though they are only a river apart, Missouri and Illinois have completely different sets of laws. Foreclosure, while it doesn’t vary wildly from state to state, is slightly different in Illinois than in Missouri. It is important for any St. Louis, Missouri bankruptcy attorney to understand that, if he or she wants to provide protection from foreclosure for an Illinois family, he or she must know the processes in both states. Continue reading
Bargain shopping is a way of life for many Americans. Sales, discounts, and rebates are often the reason behind our purchases. The best deal on bankruptcy, however, may not have anything to do with the price. In fact, there isn’t a whole lot of variation in the fees for St Louis or Wentzville Missouri bankruptcy attorneys. So, if price shopping isn’t the right way to find a great bankruptcy attorney, how do you find the best deal on bankruptcy? Continue reading
