This is a possibility, but it is dependent upon the timing of when you filed your case, and which type of bankruptcy you filed. There are two main types of consumer bankruptcies that an individual (or married couple) may file. And I will discuss each, and describe how a potential…
There are a few situations in which someone would have to, or prefer instead, to file a St. Louis Chapter 13 bankruptcy. These situations may not apply to every person, but it is important to understand whether your particular circumstances would benefit from a Missouri Chapter 13. These circumstances will…
There really isn’t any timeframe for filing bankruptcy, although there a few particular situations that would probably require you to move more quickly towards filing a petition. But in general, there are no time limits for filing a St. Louis bankruptcy. Some individuals will begin to look at the possibility…
Yes, indeed it does. The number of people in your household when you file a St. Louis bankruptcy can actually determine a great deal about which chapter of bankruptcy you can file. Filing a bankruptcy petition is a process that involves disclosing a great deal of information about your situation…
The easiest way in order to stop a foreclosure of your home is by filing a St. Louis Chapter 13 bankruptcy. This type of bankruptcy will stop the foreclosure from going through, and allows you to repay the arrearage over a period of time. When you fall behind on your…
A collection agency can legally call you, but only in certain situations (and only a certain number of times). For instance, a debt collector cannot legally call you on your cell phone, and it cannot call you more than once in one day. If any of these situations exist, you…
No, the Bankruptcy Trustee (who is an officer of the court) will not necessarily take all of your money from your accounts. This scenario would only play out if you had a great deal of money in an account on the date of filing a St. Louis Chapter 7 bankruptcy.…
No, it is not necessary that you file jointly with your spouse if you decide to do a St. Louis bankruptcy. You and your spouse would of course have that option, but it is not mandatory that you file together. The filing of a Missouri bankruptcy is a very personal…
No, filing a St. Louis bankruptcy does not mean that you will automatically lose everything you own (including the shirt off your back). But there are many precautions that need to be in place first. Because in certain situations, it is in fact possible to lose something you wish to…
Yes, there is. It is called the Fair Debt Collection Practices Act (FDCPA). It is a federal law that is designed to protect you against all the horrible things that a collection agency can (and will) do in its attempts to collect on a debt. But there is far more…