Saint Louis Bankruptcy

Andrew's Blog

Everything You Need To Know About Bankruptcy In Saint Louis

Posts in Chapter 7
File Chapter 7 BEFORE you get your Tax Refund!

Recent changes to the law may make it better for you to file Chapter 7 Bankruptcy BEFORE you receive your tax refund. Any amount of your refund that is attributable to the Earned Income or the Additional Child Care Tax Credit are completely exempt in a Chapter 7 Bankruptcy BEFORE you receive it. However, once you receive the refund, the money is able to be taken by the Trustee.

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Do I Qualify For a Chapter 7?

If you’ve never filed a Chapter 7 Bankruptcy, or more than eight years has passed since your previous Chapter 7 Bankruptcy, you must still pass the Means Test. In 2005, Congress dramatically changed bankruptcy laws. One of the largest changes to the bankruptcy laws was the creations of the Means Test. The Means Test determines whether individuals or families are capable of repaying some or all of their debt.

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Am I Going Bankrupt? 3 Sure Fire Signs...

If your financial health is on the ropes even despite your best efforts, you might be on the road to bankruptcy. This does not mean disaster. Far from it. We'll have you turned around and on the road to recovery in no time. Speaking to an attorney can be the first step towards solving the problem. Whatever you do, do not ignore the problem. Call me at (314) 802-8328 with any questions.

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