Posts by Frank Ledbetter

Can Bankruptcy Stop an Eviction in Missouri?

Are you considering bankruptcy because you’re behind on your rent?  Few things are more stressful than knowing your financial problems could deprive you of a place to live. It’s important to understand the interaction between bankruptcy law and Missouri landlord-tenant law if you’re going to launch a strategy capable of helping you. Why are you…

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Defending Your Home Against Foreclosure in St. Louis

Foreclosure is one of the most frightening financial situations you’ll ever face. It’s important to understand how the process works and what you can do about it. Armed with this information, you can consider next steps. Steps in a Missouri Foreclosure The process technically begins when you miss your first payment. Once this happens, you’ve…

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How to Avoid Accusations of Bankruptcy Fraud

Bankruptcy fraud is a serious criminal charge. It will prevent you from receiving your bankruptcy discharge, and you could end up paying massive fines, or going to jail. Often, people take certain actions during bankruptcy that seem quite innocent to them, but which are presumed to be fraudulent actions when the courts find out about…

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Is it Possible to Discharge IRS Debt in Bankruptcy?

The gig economy has led to a great many people who are forced to pay self-employment taxes. For many, this can result in significant tax debts well out of proportion with the income they receive, or their ability to pay taxes. The IRS will often work with taxpayers to create payment plans. This can be…

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Do Both Spouses Have to File Bankruptcy?

You may be surprised to learn that you and your spouse don’t have to file bankruptcy together. You can file two separate bankruptcy cases if you want to. You can file while your spouse stays out of the bankruptcy process altogether. Deciding which of these options is most advantageous means asking a few questions. What’s…

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Should You Pay Any Debts During Your St. Louis Bankruptcy?

One of the biggest advantages of filing for bankruptcy is gaining the protection of the automatic stay. During the automatic stay, your creditors can’t take any actions against you, not even so much as a collection call. And you probably won’t pay most of them directly ever again. If you file Chapter 13 they’ll receive…

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What Bankruptcy Really Does to Your Credit Report

As bankruptcy attorneys in St. Louis, we often encounter potential clients who are very nervous about declaring bankruptcy. They’ve been told for years that they’ll “never be able to get credit ever again.” But nothing could be further from the truth. You’ll be surprised to learn what really happens to your credit report after your…

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8 Signs It’s Time to File Bankruptcy

Filing for bankruptcy is a big decision. How do you know it’s right for you? Chances are, bankruptcy is right for you if you meet any of the following criteria. #1) Using credit cards to pay for necessities. If you’re doing this, you’re not alone. Most Americans do. But it’s not a good financial sign.…

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Can You File Chapter 7 With No Money?

If you’re filing Chapter 7 money is no doubt a huge stress for you. Being told you’re going to have to pay an attorney and filing fees can be overwhelming when you’re already in a state of financial distress.   And it’s not like you can take out even more credit to pay for the…

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