Posts by Frank Ledbetter

5 Signs St. Louis Bankruptcy Is Right for You

Filing for St. Louis bankruptcy is accompanied by positive changes. It opens the door to healthier financial habits and a clean slate, but there are also drawbacks. St. Louis bankruptcy will impact your credit score and make it difficult to receive financing or a loan in the months and years after discharge of Chapter 7…

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What Is Exempt Property in a St. Louis Bankruptcy?

When you file for St. Louis bankruptcy, you are quickly introduced to a new set of processes and court procedures. Your bankruptcy lawyer helps you understand the initial steps of a St. Louis bankruptcy and anticipate the upcoming requirements and eventual outcome. In tandem with the procedure of bankruptcy, you will also encounter certain legal…

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5 Questions You Need to Ask Your Bankruptcy Attorney

Are you considering bankruptcy, but not certain where to begin? The first step for many people with financial difficulty is calling a bankruptcy attorney. A bankruptcy attorney in St. Louis can help you understand the bankruptcy process and know if you are a good candidate for federal bankruptcy. But when you pick up the phone…

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Who Qualifies to File for Chapter 7 Bankruptcy?

In a given year, roughly 60% of all bankruptcy filings in U.S. federal courts are for Chapter 7 bankruptcy. In 2016, that meant that of the 770,000 bankruptcy petitions made in the U.S., over 475,000 fell under Chapter 7 of the U.S. Bankruptcy Code. Despite the popularity of Chapter 7 bankruptcy in Missouri and across…

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