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Needing to File Bankruptcy in St. Louis, MO

People who are drowning in debt should consider bankruptcy. The most common consumer bankruptcies in this country are chapters 7 and 13. Do your homework and find out what chapter you are eligible for. First, the court assigns a bankruptcy trustee to each filer’s case. In chapter 7 bankruptcy, the trustee sells nonexempt property to repay creditors. The creditors will not be paid if the filer has no such assets. Chapter 7 filers do not have a lot of money. Debtors who file chapter 13 Bankruptcy in St. Louis, MO must have a source of income as chapter 13 is a repayment bankruptcy. A great percentage of the debtor’s disposable income goes toward monthly payments. It is a good idea to have a lawyer when filing bankruptcy. Visit website to learn more about the process. There is a lot of paperwork no matter what chapter you file that needs to be complete and accurate. For example, it is important to list all your debts, income, and assets. In chapter 13, the monthly payment is based on income and expenses; therefore, the trustee needs accurate accounting. You could end up with a monthly amount that you cannot pay. The lawyer goes over the filings with clients to ensure accuracy. There are some debts that cannot be discharged in bankruptcy in St. Louis, MO, such as child support, debts for injuries or deaths caused by a DUI, or fines related to criminal matters. In certain rare circumstances, the court may discharge student loan and income tax debts. Debtors who are behind on mortgages and car notes may be able to keep their possessions because the arrears will be included in the monthly chapter 13 payment. However, the current notes must be paid as well. One of the best parts of bankruptcy in St. Louis, MO is the automatic stay. The stay prevents creditors from taking any collection action once someone files. Bankruptcy is a tool to help consumers get a fresh start. And, the important thing is to learn from the past and not get into debt again. Click here for more details about the bankruptcy in St. Louis, MO. Be the first to like. Like...
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Seeking a Bankruptcy Lawyer in Hamilton, OH

Living expenses are rising fast, and sometimes there is no money left once rent, utilities, and groceries are paid. That leaves hard working people with no way to cover medical bills, loan payments, credit cards, or even tax debt. Collection agencies begin to call; wages may be garnished, and the possibility of losing the car or home becomes a reality. At that point, or before things get to that point, it may be wise to seek a bankruptcy lawyer in Hamilton, OH. There are options for personal bankruptcy that can help people recover from overwhelming debt. There are qualifications and certain stipulations for each option, so find an experienced lawyer who can explain the options clearly. One type of personal bankruptcy is called chapter 7, and that option is for people who literally have no money left after living expenses are covered for each month. Conditions apply before chapter 7 bankruptcy can be filed, but it discharges the unpaid debt, reconnects utilities, restores driving privileges from an uninsured accident, stops garnishments, and discharges tax debt that is more than three years old. Credit counseling is required once the bankruptcy is granted. Costs are different for each case because each case is unique, but there are basic starting costs. A free consultation with a bankruptcy lawyer in Hamilton, OH will let people know what the procedures will cost. Chapter 13 bankruptcy is another option. The Hat is basically a partial repayment plan for current debt that takes place over the next three to five years. The amount to be paid is based on what money is left after living expenses have been paid. This option will stop foreclosure, wage garnishment, collection agency telephone calls and procedures, and tax collection. It provides tax debt relief on old tax liability, and cancels the second mortgage if there is negative equity. With this option, the lawyer fees become part of the repayment plan, so costs are lower. Credit counseling is required with this type of bankruptcy as well. Call for a consultation or meet R. Dean Snyder Attorney to get full details on possible options. Other areas of practice include credit reports and repairs, student loans, business bankruptcy, credit card debt, and tax debt. Be the first to like. Like...
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Learn More About Child Custody in Dayton, OH

Child Custody in Dayton OH, is about more than who has the child more often. It also deals with who can make legal, medical, and educational decisions for the child. Usually, child custody, support, and visitation are all decided at the same time and can be adjusted as necessary through the child’s life. If you’re planning on separating from your partner, you’re going to want to learn more about Child Custody in Dayton OH, so you know what to expect. Typically, child custody can be full or shared. With full custody, the custodial parent makes the decisions about the child’s welfare. This includes legal, medical, and educational decisions, though it can cover other areas as well. In shared custody, both parents must work together to decide what’s going to be right for the child. Shared child custody is the most common type of custody and is generally applied as long as the child’s welfare with one parent is not called into question. Once the custody is determined, visitation and child support can be determined as well. The parent who has primary custody will often be awarded child support to be paid monthly by the other parent. Visitation can cover a wide range of situations including supervised visitation and splitting the time between homes equally. If you have full custody, you will likely be given child support and will need to create a visitation schedule with your ex-partner. If you share custody, the child support may be low or non-existent since the child will split their time at both homes. If you have any questions about your case, you’re going to want to speak with a lawyer. They can help you determine what kind of child custody you’re likely to get and make sure that the child support and visitation schedule works well for your child. Remember, in cases like these, the case is determined by what is better for the child, not necessarily what the parents want to happen. Your lawyer can answer any questions and help you through the child custody case so you can get the outcome you desire. Contact them today to find out more. Be the first to like. Like...
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The Benefits of Filing for Chapter 7 Bankruptcy

The Benefits of Filing for Chapter 7 Bankruptcy
When you feel as though your debts have taken over your life and you do not see any way to escape these problems, the time may have come to consider Chapter 7 bankruptcy. In most cases, bankruptcy proceedings can help eliminate unsecured debt like credit card, medical bills and personal loans. At the same time, you should be able to keep your property throughout the process, as long as you are up to date on your payments for these items. Before starting down this road, it is recommended that you get in touch with an attorney who will walk you through your options and will help you decide if bankruptcy is right for you. Dealing with Creditors Once you get into debt, you start to dread the incoming phone calls that remind you of your financial problems. Speaking with creditors is a major drawback once you go into debt, since they can pursue you nearly every night and never seem to let up. Once you file for Chapter 7 bankruptcy with the help of an attorney, however, you can simply give your creditors your record number and refer them to your attorney. That way, you do not have this additional stress to deal with as you attempt to settle your debts. Keep Your Property In many cases, you can keep your home and car when you file for bankruptcy, as long as your payments are not behind on those items. There are a number of bankruptcy exemptions in each state that your attorney can use to help you keep your property, which is an added bonus throughout these proceedings. You might also have to use the equity that you have built up in your house to help repay your debts. While this might be difficult, it is better than losing your house and having nothing to show for it. Discreet Service Filing for bankruptcy can be embarrassing, as many people view themselves as a failure. Fortunately, the only parties who are made aware of these proceedings are your creditors, the courts, and the IRS. Your employer will most likely not find out about your bankruptcy, and even though this information becomes public record, no notifications are given to anyone. Basically, someone would have to read through these public records to ever find out about your financial issues. At Rapa Law Office, P.C., you will receive professional and discreet service throughout your bankruptcy hearings. The law firm’s website at www.chicagodebtsolutions.com features more information on what they can do for you, as well as their contact information. You can also visit them on Facebook. 1 person likes this post. Like...
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