Best Bankruptcy Lawyers in Florissant, MO

To determine eligibility (income wise) and to be able to provide documents to the Trustee assigned to your case, I will need two years of tax returns-Federal and State, as well as 6 months of paycheck stubs. If you are self-employed, we can give the Trustee an affidavit in the place of the pay stubs, but an Income and Expense statement for the business will be needed to justify our number given in the Schedules for the Budget.

In broad strokes, Chapter 7 is a liquidation that allows the Trustee to take and sell non-exempt assets of the debtor, and Chapter 13 is a payback plan over a 3-5 year payment plan.

I will have suggestions to do that, and the credit counselors will also have suggestions and resources. There are books at the library on the subject as well.

All Court actions, no matter whether it is a divorce, an eviction or a bankruptcy, it will stay on your credit report for 10 years. Individual creditors will typically fall off the credit report after 7 years.

Your court date (called the "341 Meeting of Creditors") will happen approximately 30 days after your case is filed, and you will have at least 2 weeks notice of the hearing date in case you need to ask off from work. The hearing normally takes about 2 hours, and there are normally 18 people on each docket. The dockets are filled up in order of the case numbers, so you are just as likely to be first as you are to be last. Your participation at the hearing will normally take about 5 minutes. But sometimes we get held up by more complicated cases that are called before ours.