Some people worry that filing bankruptcy may result in them losing their job. They worry that their employer might question their trustworthiness due to this filing. Fortunately, a person cannot be fired from their job for filing for bankruptcy. Therefore a person should not hesitate to speak with a bankruptcy attorney about their debt due […]
Many Americans spend every day thinking about how they are going to come up with enough money to pay their bills.
When a parent dies, it is not uncommon for them to leave behind some unpaid bills. These might include some unpaid credit card debt or unpaid medical bills that need to be resolved. The estate is responsible for paying back these creditors from any assets the estate may have. If the estate has no assets,
Ten years ago this October, Congress passed a major overhaul of the bankruptcy code. Called the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA), it was an effort to curb what lawmakers deemed “abuses” of the bankruptcy system. A decade later, the effectiveness of this law is difficult to measure. As a bankruptcy
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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
Deciding to file bankruptcy is a big decision that many people struggle with for months upon months. They often explore every option possible to avoid bankruptcy. For some people, however, Chapter 7 or Chapter 13 bankruptcy is the best decision for them and their family. If you are considering bankruptcy, contact an attorney to learn
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One of the most popular home loans for buyers of modest income is called an FHA loan. These loans are popular because they allow a person to put less money down when purchasing a home. A typical mortgage requires 20% down while an FHA loan requires as little as 3.5%. Obviously, this is appealing to
When a person has fallen behind on their bills, their credit score will ultimately take a major hit. This causes people to worry that they won’t be able to get a car, a mortgage, and other expenditures that require a decent credit score. In their haste, they turn a “credit repair company” that claims they
While everyone’s case is different, there are some common reasons that people tend to file bankruptcy. Far from simply being irresponsible or people who can’t manage money, they are actually good people who simply fell on bad times. The majority of bankruptcy filers simply hit a rough patch and fell behind on their bills. They
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 »
Many people struggle with debt for months upon months, even years, before seriously considering bankruptcy. They view bankruptcy as a last resort, only to be considered if every other option fails. It can be difficult to know just when a person has reached this point, but there are some signs that a debt problem has
How do I Know it is Time to Consider Bankruptcy? Read More »
Facing foreclosure is one of the most difficult experiences a person can face. When someone is threatened with the loss of their home, they will do just about anything to try to save it. Fortunately, the homeowner has options available under Chapter 13 to stop foreclosure and keep a person in the home. If you
We are a debt relief agency. We help people file for bankruptcy relief under
the Bankruptcy Code.
