The primary situation in which someone loses an asset (like a car) through the bankruptcy process is when the asset has a great deal of equity. In other words, if the sale of your asset will result in a windfall, then it is possible that the Bankruptcy Trustee would wish…
Articles Posted in St Louis Bankruptcy
St Louis Bankruptcy: Do I Have To Tell My Creditors That I Plan On Filing Beforehand?
No, absolutely not. It is not necessary to inform your creditors beforehand of your plans to file a St. Louis bankruptcy. Of course, if you want to tell them beforehand, that’s up to you. But there is no obligation on your part to do so. ST LOUIS CHAPTER 7 FEES…
St Louis Bankruptcy: Can Prior Judgments Against Me Be Discharged?
Yes, they can. Especially if those prior judgements were civil suits filed by an unsecured creditor (like a credit card, medical bill, payday loan, or deficiency on an old apartment lease). All of that kind of debt is knocked out (even if the creditor has gotten a judgement against you…
Can I Be Prevented From Filing A St Louis Bankruptcy If I Make Too Much Money?
If you make “too much money,” then it may be that you will not qualify for a St. Louis Chapter 7 bankruptcy. But I purposefully put that phrase in quotes because even if it looks like you make too much on paper, there are still ways to get you into…
How Long Does A St Louis Bankruptcy Stay On My Credit Report?
$675 FOR A ST LOUIS CHAPTER 7 The short answer is: ten (10) years. But there is a longer answer to this question that most people don’t’ hear. In fact, as soon as they hear “ten years,” they want to run for the hills. But there is more to this…
Can The Court Ever Deny My St. Louis Bankruptcy?
$675 ATTORNEY FEES FOR A ST LOUIS CHAPTER 7 Many people mistakenly believe that the court can deny you the opportunity to file a St. Louis bankruptcy. This mistaken belief derives largely from the misinformation that creditors spread like butter on a piece of bread. But there are really only…
Some Of My Creditors Told Me They Can’t Be Discharged in a St Louis Bankruptcy. Is That True?
$675 FOR ST LOUIS CHAPTER 7 BANKRUPTCY It depends on which kind of creditors you’re talking about, and which type of St. Louis bankruptcy you are filing. In some cases it is true that the creditor cannot be knocked out. But more often than not, it is an unsecured creditor…
What Information Do I Need To Provide In Order To File A St Louis Bankruptcy?
There are definitely a few documents that will be needed in order to file a successful St. Louis bankruptcy!! But you are with an attorney who makes clear what all is needed (and keeps things organized for you), then you should be in good shape. There are really three sets…
Will I Lose All Of My Assets If I File A St Louis Bankruptcy?
$675 FEES FOR A ST LOUIS CHAPTER 7 You won’t lose your assets if you make proper use of your available governmental exemptions within the federal bankruptcy code. Now if most of the preceding sentence didn’t make much sense to you, that is probably because you are not a St.…