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should I file for bankruptcy

Should I File for Bankruptcy?

Bankruptcy Attorney in Sunset Hills, MO Bankruptcy is a procedure under the Bankruptcy and Insolvency Act (the “BIA”) designed to provide financial relief to individuals, corporations, partnerships, and certain trusts with overwhelming debt loads, by stopping the legal actions of creditors (also known as a stay of proceedings). This stay of proceedings against creditors is

How to Know if my Claim is Contingent, Unliquidated, or Disputed?

How to Know if my Claim is Contingent, Unliquidated, or Disputed?

Some people believe that filing a bankruptcy petition is an uncomplicated and straightforward process. One of the most important aspects of filing for bankruptcy is identifying your creditors’ names, how much you owe them, how much you make, and your personal assets and properties. This provides your bankruptcy trustee with information about your financial situation,

Debt Collectors

Do Debt Collectors Have Limitations?

Debt Relief Attorney in Sunset, Missouri Times are tough. Many good, industrious people have more bills than the y can handle due to the current economy. Countless people have struggled to make ends meet due to layoffs, medical challenges, and plain poor luck. The Doyel Law Firm can assist you if your bills are piling up

Nonexempt Property In Bankruptcy

Protect Your Assets: Understand Nonexempt Property in Bankruptcy

What happens to your property if you file bankruptcy? If you believe that all of your property is exempt and will automatically become yours upon filing under Chapter 13 or Chapter 7, you are misinformed. Most personal property isn’t exempt and can be taken from you by the creditor who brought the case against you. 

hat type of bankruptcy is chapter 7

What Are The Different Types Of Bankruptcies Available To Me?

So, you noticed that you are struggling to pay your bills every month and wonder if bankruptcy is the right choice? When you run into financial problems in Missouri, you typically have several options. You can look to file a Chapter 7 bankruptcy, a Chapter 13 bankruptcy, or even a Chapter 11 bankruptcy. However, filing

bankruptcy chapter 7 vs 13

Is Chapter 13 or Chapter 7 Better?

Chapter 13 & Chapter 7, the two most commonly used personal bankruptcy chapters. Your first question is probably, “Is it better to file Chapter 13 or Chapter 7?”  Both have some benefits and drawbacks, but thinking about the two from an overall perspective will help you select the perfect one for you.  However, before any

rebuilding financial future with bankruptcy

TV and the Movies Get Bankruptcy Wrong: Here’s What it’s Really Like

How does Bankruptcy Work? In the first scene in the series Schitt’s Creek, the comedy that exploded in popularity via Netflix, we see government agents swarming the stately home of the Rose family. They take their furniture, clothing, purses, even the enormous family portrait from the walls of the living room. Then they send them

Credit after bankruptcy

Bankruptcy Doesn’t Ruin Your Credit

How Quickly Can You Rebuild Your Credit After You File for Chapter 7? A Chapter 7 bankruptcy, also known as a complete bankruptcy, will stay on your credit reports for ten years. But it won’t take you that long to get your credit score back to a respectable level. If you take the proper steps,

Racial disparity in bankruptcy

Racial Disparity in Bankruptcy Relief During COVID

COVID-19 Bankruptcy Relief For some, bankruptcy acts as a fresh start. Filers can discharge their existing debts, get on a repayment plan, and re-organize their finances going forward. But bankruptcy doesn’t offer this kind of relief to everyone who files for it. Evidence shows that racial inequalities exist in consumer bankruptcies, leaving African American filers

Spouses file bankruptcy

Help – I’m married but my spouse won’t file.

What if You Want to File for Bankruptcy, But Your Spouse Won’t Consider It? Filing for bankruptcy is a big decision that has consequences for you and your family. If you’ve consulted with your spouse and they don’t want to file for bankruptcy, can you file alone? How will your filing affect your spouse? Do

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