Bankruptcy

Many of us in the St. Louis area rely on our cars to get to work, take kids to school and activities, run basic errands, and much more. If you are thinking about filing for bankruptcy, you may wonder what is going to happen to your car. Will you have to forfeit your car to …

Student loan debt is crippling borrowers, as well as the United States economy as a whole. Published statistics show that Americans owe more than $1.4 trillion in student loans. As a result, many Americans with this debt are delaying or foregoing purchasing homes, moving, and even marriage. The increased attendance at colleges and in postgraduate …

Bankruptcy can certainly provide financial relief, as you will no longer live in fear of collection calls, lawsuits, wage garnishment, or even many debt obligations. However, that relief can soon turn into concern about your financial future. Will you ever be able to buy a house or a car again? Will your bankruptcy follow you …

Many homeowners go through periods of financial difficulty, usually through no fault of their own. Unexpected issues like illnesses, injuries, the loss of a job, an economic downturn, or poorly performing investments can all suddenly make it difficult to keep up with your financial obligations. If you’re a homeowner who is facing foreclosure, it may …

If you’re considering bankruptcy and have started doing preliminary research, you may have come across the fact that some people refer to Chapter 7 bankruptcy as a “liquidation” bankruptcy. In many cases, this term is thrown out there with little explanation, leaving many consumers confused. In fact, in the Eastern District of Missouri, more people …

There are many reasons that people who could benefit from filing for bankruptcy don’t. One of the most common is the misconception that once you file for bankruptcy, it is nearly impossible to finance a house, car, or other large purchase for a significant period of time. While it is true that bankruptcy will stay …

Few things can be as stressful as financial problems, especially when you find yourself stuck in a revolving door of debt. Each month, you’re paying as much as you can on your bills, but you don’t have enough left over to cover your basic expenses—leading to more borrowing. People find themselves in financial trouble for …

Medical debt is one of the most common causes of financial problems in the United States today. Even if you’re insured, an unexpected injury or illness can leave with tens-of-thousands in medical bills, if not more. For many people, this kind of debt is simply unmanageable, so they do the only thing they can—ignore the …

There are many myths out there about bankruptcy prevent people from filing. In reality, bankruptcy is an appropriate option for millions of Americans who are struggling financially and one that could literally eliminate all of their debts in a matter of months. You should never be afraid to at least talk to a lawyer about …

You are over your head in debt and think that bankruptcy may be the right solution. However, you must also decide under which chapter of the United States Bankruptcy Code you want to file. For a consumer, the main options include Chapter 7 or Chapter 13. Note that some people file for Chapter 11, but …