No, it is necessary that your spouse file a joint bankruptcy with you. And in fact, it may sometimes be more beneficial to file solely based on the situation at hand and the types of debts that exist. First, let me start by describing when a joint bankruptcy (either Chapter…
Many of my St. Louis bankruptcy clients assume that by filing for bankruptcy, either their current employment will be harmed or that they will have a more difficult time getting a job in the future. To begin with, it is unlawful for an employer to discriminate against you because you…
Discharging income tax debt in bankruptcy can be difficult. The rules surrounding when income taxes can be discharged are quite complicated. However, income tax debt is eligible for bankruptcy discharge if certain conditions apply: The tax debt is at least three years old. To eliminate income tax debt in bankruptcy,…
Missouri Attorney General Chris Koster announced that a consent judgment has been obtained against Vortex Debt Group, and that the debt settlement firm will cease operations in the State of Missouri. Additionally, Vortex will refund all fees paid by its 300 Missouri clients within the next year. The Attorney General’s…
As a St. Louis bankruptcy lawyer, I speak with a lot of people who are in financial distress. A lot of these individuals contact me after they are served with a summons. Lawsuits are filed by creditors every day in an attempt to obtain a judgment against a debtor. When…
If there is a frequently overlooked rule in the world of bankruptcy, it is the rule concerning recent payments to insiders. This rule is very important, because it can sometimes mean the difference between whether one can and/or should file a St. Louis Chapter 7 bankruptcy. The question at issue…
If you have fallen behind in car payments, chances are you are worried about the repo man coming for your car. As a St. Louis bankruptcy attorney, I meet with a lot of individuals facing financial hardship. Many of these individuals have fallen behind on car payments and are living…
Once you make the decision that bankruptcy may be right for you, it is time to meet with an experienced St. Louis bankruptcy lawyer. Make the most of your face time with the attorney by being well prepared for the consultation. The more information you can provide to the bankruptcy…
My St. Louis bankruptcy clients often tell me about the tactics used by debt collectors in an attempt to get paid. Nine times out of ten the tactics described are illegal under the Fair Debt Collection Practices Act (FDCPA). The FDCPA regulates how creditors can attempt to collect debts. Here…
Do you feel like you are drowning in student loan debt? You are not alone. Many St. Louis bankruptcy debtors are in default on their student loan obligations. In fact, the rate of default increases every year. It can be hard to make minimum payment on student loan debt when…