Category Archives: Chapter 7 Bankruptcy

Knowing Debt Collection Tactics Can Help You

As anyone who is considering filing for bankruptcy knows, the constant beratement debtors receive from debt collectors can be extremely stressful.  No one enjoys repeated phone calls from mysterious numbers with voice messages containing cryptic messages. These phone calls can … Continue reading

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Definition of Bankruptcy

Bankruptcy is a legal process through which people and businesses can obtain a fresh start financially.  It is an option for people and/or businesses when they are to the point in their financial difficulties that they cannot repay their debts.  … Continue reading

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What do I do after my Bankruptcy case is filed?

Many times clients are under the impression that once their bankruptcy case is filed, they are done with the process.  However, immediately after your bankruptcy case is filed, there are a few last steps you need to take to compete … Continue reading

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Why Should I file for Bankruptcy again if I am not Eligible for a Discharge?

Changes to the bankruptcy code have resulted in the implementation of time limits between bankruptcy filings and when a debtor is eligible to receive a discharge.  These time limits depend on the type of bankruptcy the debtor filed previously and … Continue reading

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Reaffirming a Mortgage

When you meet with your St. Louis Bankruptcy Attorney, he or she will go through the bankruptcy process and will likely explain what a reaffirmation agreement is.  A reaffirmation agreement is an agreement between you and your creditor that is … Continue reading

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Filing Bankruptcy on Behalf of Another Person

Occasionally, we hear from an individual who is interested in filing for bankruptcy on behalf of another person.  This is often due to military deployment or incarceration; however, many times, due to a variety of reasons, and individual is unable … Continue reading

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Bankruptcy and Divorce

Considering divorce and bankruptcy at the same time can be extremely stressful and confusing for all parties involved.  Often, individuals wonder what the best option is for them when considering bankruptcy and divorce.  Depending on the debt involved, the type … Continue reading

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“Why do I need an Attorney if I have to do all the work to Prepare my Case?”

Often times, we hear from clients that they are seeking an attorney to prepare their bankruptcy petition so that they do not have to do any of the work themselves.  Due to the complex nature of the bankruptcy code, and … Continue reading

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Discharge of Debt

An individual can receive a discharge of debt they owe by filing for Chapter 7 or Chapter 13 bankruptcy.  A “Discharge of Debt” releases an individual’s personal liability for many types of unsecured debts, meaning they will no longer owe … Continue reading

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Options for Secured Property in Bankruptcy

When filing for bankruptcy, there are several options to consider regarding secured property.  Secured property is any property that you have placed as collateral for a loan; typical examples of this type of property would be cars and houses, but … Continue reading

Posted in Bankruptcy filing, Bankruptcy General, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Discharge of Debt, Reaffirmation Agreements, Redeeming Property, Secured Property, Surrendering Property | Comments Off on Options for Secured Property in Bankruptcy