Posts by Frank Ledbetter
Considering Chapter 13 Bankruptcy? There Are Some Requirements
Does Chapter 13 bankruptcy seem like the right solution to your financial situation? You aren’t alone. There are many reasons why this particular bankruptcy process appeals to people in St. Louis and around the United States. Chapter 13 bankruptcy could help you keep your home and prevent foreclosure. As well, Chapter 13 bankruptcy doesn’t involve…
Read More5 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…
Read MoreWhat 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…
Read More5 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…
Read MoreWho 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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