Immediately. When you file for a Missouri bankruptcy, one of the nice things that you should be made aware of is the fact that you can begin to rebuild your credit rating and/or score immediately after the case is filed. Depending on how aggressive you are in doing so, regaining…
No, they may not. There are very specific rules governing what a debt collector can and can’t do when trying to collect on a debt. They are limited in the types of things that can be done, and if the collection agency violates those rules, there are damages that may…
Not if you want to keep it. Filing for a Missouri bankruptcy does not automatically mean that you will lose any of your assets (including your home). But there are certain pitfalls to be aware of, and a whole host of rules that you want to keep in mind. When…
Yes, you most certainly can. Although it is necessary to disclose all personal property (whether it is furniture, appliances, clothing, pots, or pans), there is a very slim chance that the Trustee would actually want any of these belongings. This is because of the governmental exemptions that can be used…
Yes, filing for a Missouri bankruptcy more than once is possible, subject to a few specific rules. And although the thought of doing so may seem like a horrible idea, sometimes it is quite necessary (depending on the circumstances). The main thing to keep in mind is that a bankruptcy…
You most certainly do, and it well within your rights to demand it. This is a very important piece of information that you have the right to ask for, and the collection agency has a complete and absolute obligation to provide to you. And all you need to do is…
In the state of Missouri, yes they can. This may not have necessarily been the case several years ago, when the economy was in better shape. When a house was foreclosed upon in 2002, the mortgage company or bank would have been just as likely to write the debt off…
Yes, you will. Most rental companies will run a credit report after you fill out an application for a rental unit. But the main thing the company will be looking for is whether or not you have a steady source of income. When you file for a Missouri bankruptcy, the…
The answer to that question depends on your particular set of circumstances. Each individual is different, and every situation requires certain analysis. But in the end, which chapter of Missouri bankruptcy you file should not only make sense for you in your current situation, it should also take into account…
Yes, so long as it is a fund and/or account that is recognized by the IRS as being for the purpose of retirement. Typically, people have retirement or pension funds to which both the employer and employee contributes. These contributions are normally in the form of a simple deduction from…