Yes, it does. And depending on how quickly you get your Missouri or Illinois bankruptcy filed, you can actually prevent the creditor from taking any action at all (so as to avoid any money being garnished from your pay checks). The filing of a bankruptcy is accompanied by what is…
Articles Posted in Wage Garnishment
If I Am Sued By A Creditor, Should I Appear In Court?
My suggestion would be, yes, you should appear in court on the day of your hearing. Not doing so can have negative consequences (even if you end up filing a Missouri or Illinois bankruptcy later on). let me explain why. If you fall behind on your debts, one of the…
Can A Collection Agency Threaten To Garnish My Wages?
The only way that a debt collector can threaten such a thing is if they have gained prior approval from the original creditor that they bought the debt from, and they are literally ready to file suit against you in the next day or so. Other than that, no, they…
Is There A Limit To How Much Debt I Can Get Discharged In A St. Louis Bankruptcy?
There are certain limitations, but it depends largely on what type of Missouri bankruptcy you wish to file. The two main options are a St. Louis Chapter 7 bankruptcy and a St. Louis Chapter 13 bankruptcy. These chapters have substantive differences in how debt is handled (or whether you would…
Can I Include Medical Bills In A Bankruptcy?
Yes, you absolutely can. In fact, it is rare when such bills are not a part of a bankruptcy. Very frequently, people will have upwards of several thousand (if not tens of thousands) in medical-related bills. Medical bills (whether they originate from your doctor’s office or the hospital) are described…
If I Lost My House Through A Foreclosure, Can The Mortgage Company Come After Me For The Deficiency?
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…