by Audra Stania Can I just file a medical bankruptcy and only list my medical debts? A more than fair question because often times a person is able to service his/her outstanding debt until the unthinkable and unplanned happens. Even with insurance a medical emergency can cause the most financially responsible person to fall into […]
by Amy Jackson One of the most common questions I hear as a bankruptcy paralegal is how will this impact my credit score. Truth is if you are financially burdened there is a good chance your credit score is already being affected. Bankruptcy can often help. Yes, believe it or not bankruptcy can improve your […]
by Jesse Langford It is extremely common for family members or significant others to co-sign a vehicle or other type of loan to help out someone close to them in need. A frequent concern that my clients have is what happens to their loved one who has agreed to co-sign their loan if they attempt […]
Though many may think it sounds too good to be true, there is no limit to debt discharged in Chapter 7 bankruptcy. A person could be burdened by credit card debt or medical bills that are impossible to pay. Creditors are harassing them and they need to regain their financial future. Suddenly, they learn that […]
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 […]
A lot of things in life start with a phone call – whether it is to ask a friend to dinner or to schedule a doctor’s appointment or haircut. In some instances, that first phone call is the hardest one to make. We can spend countless minutes, hours, sometimes even days mentally preparing ourselves to […]
Stress. We hear and read about it every day but most of all we feel it. Stress is that feeling of being overloaded with burdens. It can affect us emotionally, mentally and physically. It can have detrimental effects on our work life, home life, marriage, friendships and health. So, it’s no big surprise to anyone […]
Do I really need an attorney to file for bankruptcy? If you are asking yourself this question, then chances are you have already decided you need debt relief, but at what cost? Are you willing to risk losing the things you have worked for like your house, car, retirement or even just that family heirloom? […]
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 […]
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 […]