Bankruptcy, Personal Injury, Workers Compensation, Litigation
If you file a Chapter 7 and you have a secured debt, often times a car note or a mortgage, you will be asked by the creditor to reaffirm that debt. What does that mean? When a Chapter 7 debtor reaffirms a debt they agree to continue paying that obligation even after their bankruptcy case […]
I Owe My Family Money. Should I Pay Them Back Now? When you file a Chapter 7 bankruptcy, or even a Chapter 13, your attorney might ask you if you have paid any friends or family members any money in the last 12 months? I ask this question to every single client I meet with […]
Should I file a Corporate Chapter 7 Bankruptcy? If you own a business and that business is struggling, bankruptcy might be a consideration for your business. This article will address filing a Chapter 7 for your business, which essentially means dissolving the business. If you file a Chapter 7 bankruptcy for your LLC or S-Corporation, […]
It is getting towards the time of the year when people start thinking about how much money they might receive for their tax refunds early next year. If a potential debtor is thinking about this, then a Chapter 7 or Chapter 13 Trustee will also likely be thinking about it. […]
A dependent is defined as “someone who relies on another for support; one not able to exist or sustain oneself without the power or aid of someone else.” This definition matters quite a bit if you are considering filing for bankruptcy. Times have been rather tough for some Americans as the economy has hit a […]
This question may not initially be on the mind of a prospective client when they come into your office, but the situation does come up from time to time when it is in the best interest of the client who originally started their bankruptcy as a Chapter 13 to convert that case to a Chapter […]
You may be asking yourself, “Why do I need to hire an attorney to file bankruptcy?” You may also think, “I’ve done some research and I’ve seen the forms to fill out. It seems simple enough.” The answer is: Bankruptcy isn’t as easy as a process as you may think. Time and again, we have […]
What will bankruptcy do to my credit? This is probably the question most often asked by our clients and potential clients when they are considering bankruptcy. While each client will have a different experience based on their individual circumstances, the question to the answer remains the same. It is absolutely possible to rebuild your credit […]
In an update from a previous post, a bill that would prevent local governments from being able to require lenders to offer mediation to homeowners facing foreclosure is nearing passage in the Missouri Senate. The bill, passed by the Missouri House of Representatives a few weeks ago, would directly oppose ordinances passed in St. Louis […]
Shortly after you file for bankruptcy, the Court sends you a notice to appear at a meeting of creditors, also called a “341 meeting”. This meeting will take place roughly about a month after your case is filed. The notice will contain the date, address, time and the name of the trustee that will be […]
© A & L, Licker Law Firm, LLC 2023. Powered by WordPress