With such a volatile job market, it seems that the competition is at its peak. In fact, some employers have started doing credit checks on their potential employees before hiring. Does that mean a bankruptcy filing on your credit history will stop you from getting a job?

By the time you are ready to file with a St. Louis bankruptcy attorney, your debt and payment history has probably already… Continue reading

There are really two different questions at work here. The first is whether or not your bankruptcy will negatively affect your credit score and the second is how long it will affect your credit score. While a bankruptcy can legally stay on your credit history for up to 10 years, there is no straight forward answer as to how your score will be affected.

Let’s address the first question… Continue reading

Filing without your spouse in Missouri or Illinois is a possibility—and may even be a good idea in some instances. If you decide it would be best to file together, you will have a joint case with a St. Louis bankruptcy attorney. It will include debts you both have, separate and marital, in your total case. If you decide to file separately, however, would only include that debtor’s… Continue reading

One of the biggest benefits of filing Missouri or Illinois bankruptcy is the peace of mind you get when you’ve finally freed yourself from debt—and that includes freedom from your creditors! You no longer have to live in fear of who will be on the other end of the phone.

Your creditors are prevented from contacting you because of the automatic stay. Federal bankruptcy law demands that creditors… Continue reading

Even if you aren’t a fan of the Real Housewives of New Jersey, it is likely that you have heard about Teresa and Joe Giudice’s money troubles. The “dream house” they built for themselves was looking at foreclosure and their expenses and income were near equal. As a result, Teresa and Joe decided to file bankruptcy.

“What is true is that due to the economy, most of my… Continue reading

The time line for a Chapter 7 bankruptcy in Missouri and Illinois is relatively short. Once you’ve been in debt for weeks, months, or even years, taking as little as 90 days to get credit card debt help, stop your wage garnishment or repossession, and take the stress of debt off your shoulders doesn’t seem so bad, huh?

In the entire span, it is actually being in debt that… Continue reading

Life would certainly be easier if there were a certain amount of debt or amount of time spent in debt that signaled to us to file Missouri or Illinois bankruptcy. Unfortunately, there isn’t. The decision to file bankruptcy comes from you.

There are requirements for debt when it comes to Chapter 13, but they mostly concern upper limits. To be eligible to file a Missouri or Illinois Chapter

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

Getting rid of your Missouri or Illinois bankruptcy lawyer is not a decision to be taken lightly. While it is possible to fire your bankruptcy attorney, doing so may affect your bankruptcy case negatively. I advocate picking the best bankruptcy attorney in St. Louis from the start in order to avoid this situation all together. Part of the reason I wrote my Illinois and Missouri bankruptcy book, “Get

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 do whatever they need to do to collect it… Continue reading