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

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

Hard times are make children less healthy because families are forced to buy unhealthy food rather than no food. A Missouri or Illinois Chapter 7 bankruptcy may be one solution to the problem. Continue reading

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

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

I’ve heard more and more talk about the luminous credit score. There have been commercials offering to raise it, warning against a low one, and emphasizing their importance—but what does a credit score really mean? Your credit rating is like a grade based on how you’ve handled your credits and debts. One way to raise your score is to make payments on loans and bills on time. But it… Continue reading

The world of Bankruptcy was different before the Bankruptcy code was amended in the late 90s. It was easier to file, easier to discharge certain debts, but more specifically, it was easier to put student loan debts into a Chapter 7. Now, according to Bankruptcy Law, you can only discharge student loans if you show your loan payment causes “undue hardship” on you and your family. What does that mean?… 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