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5 Bankruptcy Myths You Should Stop Believing Right Now

Every year, millions of Americans file for bankruptcy protection. Despite the fact that it’s fairly common, dozens of myths still exist about this legal financial solution. In part, we can thank credit card companies for that. They have a vested interest in keeping people out of bankruptcy and so just love to spread disinformation about…

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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…

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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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