Missouri Bankruptcy Laws

Discharge of Debt

01/18/12

A debtor can obtain a discharge of debt by filing for bankruptcy.  A discharge of debt releases the individual’s personal liability for many types of debts.  A discharge prevents creditors from making any collections efforts upon the debtor including phone calls, letters, and threats.    Many types of unsecured debt can be discharged, including credit [...]

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A Brief Overview of Nondischargable Chapter 7 Bankruptcy Debts

12/27/11

This article considers some of the debts that cannot be discharged by filing for Chapter 7 bankruptcy protection. It also provides a brief explanation why you may not discharge these debts during the Chapter 7 bankruptcy process. Many debtors think that all of their debts can be discharged by filing for Chapter 7 bankruptcy. This [...]

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A Brief Overview of Nondischargable Chapter 7 Bankruptcy Debts

12/27/11

This article considers some of the debts that cannot be discharged by filing for Chapter 7 bankruptcy protection. It also provides a brief explanation why you may not discharge these debts during the Chapter 7 bankruptcy process. Many debtors think that all of their debts can be discharged by filing for Chapter 7 bankruptcy. This [...]

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Befuddled by Student Loan Consolidation

08/03/11

It is a harsh reality of today’s post-collegiate environment – two-thirds of all students now graduate with burdensome debt that can follow for many years to come. Following a recent news story on CBS Evening News, a comment was made that a student CAN have their federal student loans discharged in a Chapter 7 bankruptcy [...]

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