Essentially, you can file for Chapter 13 bankruptcy basically every four years, while you are able to file for Chapter 7 bankruptcy generally every eight years. Having said that, it is important to understand that while bankruptcy is an important and occasionally vital tool, it is a tool that should be used sparingly and sensibly.

Of course, the reason that it is legal to file for bankruptcy more

If you are considering bankruptcy, I’m sure you’ve seen the term Means Test mentioned on my site. You might be thinking, so how exactly does this relate to me? In the beginning, when you are first considering filing bankruptcy, the Means Test can determine if you can file Chapter 13 or Chapter 7.

If you file Chapter 13, as a Missouri bankruptcy lawyer, once i determine your… Continue reading

The decision of whether to keep your house is usually not a very easy one.  Occasionally, you may file Missouri or Illinois Chapter 13 bankruptcy for protection from foreclosure, hopeful your income dilemma will get better and you’ll be in a position to afford that growing adjustable rate mortgage.  However it doesn’t and now you realize you just can’t wait another day. Could it possibly be too late? Certainly not!… Continue reading

Beware of debt settlement agencies. They are not St. Louis law firms. A Missouri bankruptcy lawyer has more legal options than a debt settlement agency–and settlement agencies could be scams. Continue reading

The front-page stories of many newspapers across America are saying that the end of the recession may be in sight. After third quarter growth rates that we haven’t seen since the recession hit in 2007, the spirits of Americans everywhere have lifted. It seems that the highly publicized “Cash for Clunkers” program along with the tax incentive for first time home buyers has sparked some consumer spending, resulting in… Continue reading

If you’re looking for a really good bankruptcy attorney in Missouri or Illinois, you’re not alone. It is sometimes hard to know what to look for in a good attorney. The advertisements always promise the same things; so how do you know? Here are a few tips for finding the right attorney to help your particular situation:

• Don’t pick an attorney based on geography. Picking the attorney who

If funds are handled correctly, you can keep the money you’ve set aside for your child. The Uniform Gifts to Minors Act of the Uniform Transfers to Minors Act allows you to open an account and deposit money specifically set out for your child.. While the parent will remain in charge of these accounts until the child reaches adult age, the money put in cannot be taken back—and it… Continue reading

Hopefully, after reading my segment on budgeting, you have at least thought about how a budget could help you. If you have or you haven’t, today I’m going to help you make your budget all that it can be. This may even be a topic you enjoy reading about: Options for increasing your income. There is help that is built into the government for those who have fallen… Continue reading