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ONLY $300 UPFRONT ATTORNEY FEES FOR A ST LOUIS CHAPTER 13

There are many reasons why someone (or a married couple) would want to file a St Louis Chapter 13 bankruptcy. Most people, however, are unaware of the benefits that come with this chapter of bankruptcy (because there are certain bonuses that do not come with a Chapter 7). Below is fuller discussion of this topic:

A Ch13 is described as a repayment plan over the course of three (3) to five (5) years during which certain debts are paid back. One common reason for a Ch13 filing is when you own real estate, but you have fallen behind on the mortgage payments (and now you are facing a foreclosure). If you want to keep the property, then the best option would be to file a Ch13, which would stop the foreclosure proceeding, and get you into a repayment plan to you caught up (but spread out over a period of years).

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ONLY $300 UPFRONT ATTORNEY FEES FOR A ST LOUIS CHAPTER 13

There are many reasons why someone (or a married couple) would want to file a St Louis Chapter 13 bankruptcy. Most people, however, are unaware of the benefits that come with this chapter of bankruptcy (because there are certain bonuses that do not come with a Chapter 7). Below is fuller discussion of this topic:

A Ch13 is described as a repayment plan over the course of three (3) to five (5) years during which certain debts are paid back. One common reason for a Ch13 filing is when you own real estate, but you have fallen behind on the mortgage payments (and now you are facing a foreclosure). If you want to keep the property, then the best option would be to file a Ch13, which would stop the foreclosure proceeding, and get you into a repayment plan to you caught up (but spread out over a period of years).

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ONLY $675 ATTORNEY FEES FOR A ST LOUIS CHAPTER 7 BANKRUPTCY

The only way a creditor can garnish your wages or levy a checking account is by first receiving a judgment against you in a court of law. Otherwise, they cannot do it (regardless of what kind of threats they happen to tell you). But we can fix that situation very quickly!! Below is a full description:

When you fall behind on payment to your creditors (regardless of whether it is a credit card, medical bill, or payday loan), the creditor will eventually sue you for breach of contract. When you are sued, the law states that you must be given notification of this action. This notification comes in the form of a summons that is delivered to you by way of a process server.

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ONLY $675 ATTORNEY FEES FOR A ST LOUIS CHAPTER 7 BANKRUPTCY

The Bankruptcy Trustee is the individual that examines all of the documents and forms that you file with the court. He or she has the opportunity to ask questions, demand further information, object to certain pleadings, and in some cases demand that you turn over property to the Bankruptcy Estate.

What does all of that mean? Well, the easiest way to describe the Trustee’s job is as follows: he or she is trying to get the unsecured creditors (i.e. credit cards, medical bills, payday loans, etc.) as much funds possible. If that means selling your unexempt assets (in a Ch7), or requiring a repayment plan to your unsecured creditors, then that’s what the Trustee will do.

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ONLY $675 ATTORNEY FEES FOR A ST LOUIS CHAPTER 7

Most of the time the answer to this question is no. If you were to file a Chapter 13, it is possible that your employer may know (if you choose to have the monthly payment deducted directly from your paycheck). But generally speaking, the only way anyone knows about your having filed for St Louis bankruptcy is if you tell them.

In a St Louis Chapter 13, a repayment plan is set up (that lasts between three (3) to five (5) years in length) during which certain debts are paid back (like mortgage arrearage, car loans, back child support, tax debt, etc.). One of the ways in which this plan payment can be made is by way of a Wage Order.

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ONLY $675 ATTORNEY FEES FOR A ST LOUIS CHAPTER 7

I personally believe this is the case because of all the bologna that creditors tell people. Creditors will go out of their way to make people think that filing a St Louis bankruptcy will result in nothing but negative consequences in the future (like a horrible credit score, never being able to take out a loan again, never being in a position to purchase real estate, etc.).

I even had a client one time tell me that the reason why she would not file for bankruptcy is because a creditor informed her that she would lose her right to vote if she did!! (By the way, that is inaccurate. No one loses their right to vote because of a bankruptcy filing).

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ONLY $675 ATTORNEY FEES FOR A ST LOUIS CHAPTER 7

A St Louis Chapter can help someone tremendously who is dealing with a great deal of unsecured debt (such as credit cards, medical bills, payday loans, etc.). This is because a Chapter will literally wipe clean all of those debts (as if they never existed)!! Once this occurs, you will be in a much better position to move forward with life! Below are the three main benefits that you will derive from such a filing:

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ONLY $675 ATTORNEY FEES FOR A ST LOUIS CHAPTER 7

The main job of the Bankruptcy Trustee is to find any assets that he or she can liquidate when someone files a St Louis Chapter 7. If the Trustee does in fact find an asset that is not exempt (or fully exempt), then he/she will have the opportunity to go after it. And because this is what the Trustee does for a living, it is very, very important that your hire a really good St Louis bankruptcy lawyer to help make sure that you don’t lose any of your assets when you file!! Below is a fuller description of the process:

When you file for bankruptcy in St Louis, the court requires that you list out all of your assets (whether it is “big ticket” items like real estate or automobiles; or smaller assets like household goods, clothes, jewelry, and bank accounts). Once these assets are fully listed on your bankruptcy schedules, your attorney can use state exemptions to protect most of them.

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ONLY $675 ATTORNEY FEES FOR A ST LOUIS CHAPTER 7

Yes, you can. And in fact, you can pay for your St Louis bankruptcy fees in any way you see fit (over any time period, or by just about any method). The only form of payment that cannot be accepted is a personal credit card (which obviously makes sense!). Below is a more thorough explanation of how you can pay for your bankruptcy:

Most attorneys that practice bankruptcy law will charge somewhere between $1,500 to $300 in attorney fees for their services. Now if you looked at the $300 figure, and started to get excited, let me fill you in on a couple of things: YOU GET WHAT YOU PAY FOR!! Law firms that advertise such low prices are exactly what you would expect them to be (rip-off artists).

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ONLY $675 ATTORNEY FEES FOR A ST LOUIS CHAPTER 7

By way of Missouri state law, a creditor may take no more than 25% of your net earnings (from any paycheck you receive). However, if you qualify for Head-of-Household status with the taxing authorities, then you may have the amount to be deducted reduced to 10% of your net earnings. Either way, a St Louis bankruptcy will put an end to the garnishment (as soon as the case is filed). Below is a more thorough discussion:

If you fall behind on your debts (like a credit card or medical bill), the creditor may end up suing you for breach of contract. If that creditor gets a judgment, it can execute on that judgement in one of three main ways: 1) levy your checking or savings account (i.e. bank freeze); 2) put a lien on your property (like real estate); 3) garnish your wages.

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