Bankruptcy

Preparing for a Consultation - Chapter 13 Bankruptcy Attorney Springfield MO

Preparing for a Consultation – Chapter 13 Bankruptcy Attorney Springfield MO

If you are filing a bankruptcy case with an attorney, the first appointment you will have is often called a consultation. The consultation allows a Chapter 7 or Chapter 13 bankruptcy attorney to understand your financial situation and provide you with the best advice for filing a bankruptcy case. At Licata Bankruptcy Firm, our consultations …

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Explaining Debt Collection Statute of Limitations in Springfield Missouri

Explaining Debt Collection Statute of Limitations in Springfield Missouri

John Oliver, host of HBO’s “Last Week Tonight,” did an expose on the debt-purchasing industry. These are companies who purchase delinquent, often extremely old, debt that a consumer owes to a creditor for pennies (or fractions of a penny) on the dollar. Last Week Tonight purchased $15 million dollars of delinquent medical debt owed by …

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Keep Property by Hiring a Chapter 7 Bankruptcy Lawyer in Springfield MO

Keep Property by Hiring a Chapter 7 Bankruptcy Lawyer in Springfield MO

Some people worry that when they file Chapter 7 bankruptcy, they will lose their property. The truth is that most of the cases handled by a qualified Chapter 7 bankruptcy lawyer in Springfield Missouri are actually “no asset cases.” This means that the trustee does not actually liquidate any assets at all.  The bankruptcy system requires …

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