No, it will not. In fact, most people are surprised to learn that your credit score will actually climb (on average) of about one hundred (100) points within the first year of filing for bankruptcy. And that within a year and a half to two years after filing, your credit…
St. Louis Bankruptcy Lawyers Blog
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.…
How Do I Know If I Qualify For A St Louis Bankruptcy?
When this question is asked, most people are talking about a St. Louis Chapter 7 bankruptcy. This type of bankruptcy petition results in a discharge of your unsecured debts (such as credit cards, medical bills, payday loans, old utility bills, etc.). But in order to get into a Chapter 7,…
What is the Main Function of the Trustee in a St. Louis Bankruptcy?
ST LOUIS CHAPTER 7: $675 ST LOUIS CHAPTER 13: $300 upfront The Bankruptcy Trustee is one of the main players in the bankruptcy process. He or she is charged with the duty of determining whether or not you have any assets that can be liquidated. A few common examples of…
Will a St. Louis Bankruptcy Discharge My Student Loans?
Unfortunately, no. The current rules in the bankruptcy courts state that student loans (although unsecured debt) cannot be discharged. However, there are a few options that are available through the courts system to give you some relief. ST LOUIS CHAPTER 7 BANKRUPTCY FEES START AT $675 Let’s say you have…
DOES FILING A ST LOUIS BANKRUPTCY MEAN I WILL LOSE ALL MY ASSETS?
Filing a St. Louis bankruptcy does not automatically mean that you will lose your assets, like a car or house. In fact, it is the number goal at The Bankruptcy Company to make sure that you keep all of your belongings (whether it is personal or real property). The state…
DOES FILING A ST LOUIS BANKRUPTCY MEAN THAT I CAN REBUILD MY CREDIT?
When you file a St. Louis bankruptcy, your unsecured debts (like credit cards, medical bills, payday loans, old utility bills, overdrawn bank accounts) are eliminated forever. This means you will no longer have to put up with the following: = no more angry phone calls from debt collectors = no…
HOW DOES A ST LOUIS BANKRUPTCY HELP ME?
Filing a St. Louis bankruptcy can help in a number of different ways: 1) It will get rid of all your unsecured debts (like credit cards, medical bills, payday loans, old utility bills, overdrawn bank accounts, etc) 2) It will stop any St. Louis wage garnishments that might be attached…
HOW DOES A ST LOUIS BANKRUPTCY PROTECT MY ASSETS?
When you file a St. Louis bankruptcy, you assets are protected in two primary ways: 1) The filing of a St. Louis bankruptcy creates an “Automatic Stay” which puts an immediate stop to all creditor activity. This would include things like threatening phone calls and nasty letters. But it also…