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Missouri Personal Bankruptcy Lawyers

Frequently Asked Questions

Legal Articles

  • Property That is Exempt From Bankruptcy
    Historically, state law provided the property exemptions available to those seeking bankruptcy protection. However, the bankruptcy code now allows states to choose between the federal exemptions provided in the bankruptcy code or the exemptions provided in state law. Many states have chosen to continue to follow their state law exemptions but a minority of states have decided to … more
  • Some Debts May Remain After Bankruptcy
    The decision about whether to file bankruptcy is a difficult to decision to make. People often worry about the lasting effects on their credit history and their ability to borrow money in the future. However, sometimes the advantage of being relieved of debt in a bankruptcy proceeding outweighs the disadvantages. In order to weigh the advantages and disadvantages for yourself, it is … more

How-To's

  • How To File for Bankruptcy Under Chapter 7
    Various federal bankruptcy laws allows persons in extreme amounts of debt to get a "fresh financial start" by either reducing the amount of debt required to be repaid or extending the time period in which it must be paid.  Chapter 7 is the chapter of the bankruptcy governing liquidation of assets and discharge of debts.  Below is a summary of the basic process for … more

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