Some people, before filing bankruptcy, try to hide certain assets or pass them to family members to prevent liquidation. The court is on the lookout for this and can potentially clawback or void these transactions. A St. Louis Chapter 7 Attorney can examine any transactions you may have recently had to identify potential instances of […]
In order to meet the requirements for a Chapter 7 discharge, a debtor needs to show that they’ve made a “good faith effort” to repay this debt. This can be worrying for some debtors who may assume they have to repay a substantial portion of their debt before they can even consider filing. To satisfy
It’s tax season, which means many people can expect a significant tax return in the near future. For those deep in debt, this extra money can seem like a godsend, enabling them to pay down some debt. Before mailing that check to your creditors, consider using your tax return on a Troy bankruptcy lawyer. It
Consider Using Your Tax Return on a Troy Bankruptcy Lawyer Read More »
One of the biggest burdens a household can face is substantial credit card debt. When a person puts large purchases on their credit cards, they can suddenly find themselves in way over their heads. This problem has gotten so bad that the average household now carries more than $15,000 in credit card debt alone. This
Average Consumer Credit Card Debt Swells to More than $15,000 Read More »
Many people deep in debt wonder what their life will be like after filing Chapter 7 bankruptcy. They may be afraid that they will be left penniless, unable to afford even the most basic things in life. They worry that they situation will be far worse after filing. The reality, however, is much different. For
Debt can take many forms, and not all debt is created equally in the eyes of the law. For some people, the help of a St. Louis Chapter 7 Bankruptcy Attorney can provide a clean discharge of debt. Others, however, may find that they need Chapter 13 to get their debt under control. By speaking
Types of Debt Discharged in Chapter 7 Bankruptcy Read More »
For some people, Chapter 7 bankruptcy sounds too good to be true. They may be mired in credit card debt or medical bills that are impossible to pay off without any end in sight. Suddenly, they learn that it is possible to discharge this debt entirely and wonder if there is a cap or maximum
Is there a Limit to Debt Discharged in Chapter 7? Read More »
Some people are worried that, when they file Chapter 7 bankruptcy, they will lose many of their most important assets. The truth is that most of the cases handled by a St. Charles Chapter 7 Lawyer are actually “no asset bankruptcies,” meaning that the trustee does not actually liquidate any assets at all. After the
No Asset Bankruptcy Explained by a St. Charles Chapter 7 Lawyer Read More »
Chapter 7 bankruptcy allows an individual to discharge their debts and get a fresh start on life. There are times, however, when a person runs into debt problems again and needs to file again. There is no limit on the number of times a person can file this type of bankruptcy, but there are certain
When we think of athletes, we often imagine they are some of the richest members of society. This is true in some respects, but like all people they are subject to the same problems as everyone else, including bankruptcy. The sobering truth is that 78% of NFL players will file bankruptcy within 5 years of
Athletes and Bankruptcy from a St. Louis Bankruptcy Lawyer Read More »
Some people hesitate to contact a St. Louis Bankruptcy Lawyer because they worry that if they file for bankruptcy, they will be ineligible for a mortgage. Since owning a home is the American Dream, many people think they will be forever denied this opportunity. Fortunately, this is not the case. In fact, it may even
St. Louis Bankruptcy Lawyer: Can I get a Mortgage After Bankruptcy? Read More »
After your Chapter 7 has been discharged and the final decree issued, you might be surprised at how many credit card offers you get. This because the cards have a high interest rate and the lender knows there is an 8 year period before you can file Chapter 7 again. If a person is not
How to Build Credit After Bankruptcy from a St. Louis Chapter 7 Bankruptcy Attorney Read More »
We are a debt relief agency. We help people file for bankruptcy relief under
the Bankruptcy Code.
