An unstable economy and many other issues have sparked financial crises in Missouri and elsewhere throughout the country in recent years. Families have been struggling to keep food on the table. Workers have lost their jobs, and many business owners have had to shut...
Bankruptcy
Bankruptcy options available to Missouri residents
Missouri has not been insulated from the economic storms that have hit hard across the country in the past few years. Many people have lost jobs, faced medical crises and have endured financial hardships stemming from issues like divorce or cutbacks in the workplace....
When a mortgage loan application follows bankruptcy
Many Missouri residents have used various types of financial tools and strategies to overcome debt crises. Restoring solvency takes time, including wiping the slate clean on a financial record. If a person has filed for bankruptcy, it might be difficult (for the near...
Judge converts a Chapter 11 bankruptcy to Chapter 7
The company known as “Pilot” has more than 800 shopping and refueling stations throughout the country, several of which are located here in Missouri. The Mountain Express Oil Company owns 19 of the stations where Pilot provides fuel. Earlier in 2023, Mountain Express...
Credit counseling required for Chapter 7 bankruptcy
Many Missouri residents and business owners have experienced financial distress in recent years. For some, things have gotten so out of hand that they’re struggling to make ends meet. In such cases, it is sometimes best to seek debt relief support by filing for...
Chapter 13 versus Chapter 7 bankruptcy
For Missouri residents who are currently undergoing financial strain, it is good to know that there are debt relief options available. It is sometimes possible to resolve a financial crisis by cutting back on spending and focusing efforts on paying back debt. However,...
3 issues causing credit card debt in Missouri
Missouri is not the only state with residents experiencing financial crises right now. Throughout the country, the average family is struggling to make ends meet. Many people have accrued substantial credit card debt and are now looking for ways to resolve the issue,...
Hockey player seeks Chapter 7 bankruptcy
The goaltender for the Vegas Golden Knights hockey team owns a rare snake collection. He keeps the snakes on a reptile farm in Missouri. The athlete and his wife reportedly paid more than $1 million for the snakes but have not been keeping up with payments. In fact,...
Using Chapter 7 bankruptcy as a financial tool
Feeling crushed under the weight of a financial crisis is a burden facing many Missouri residents, as well as thousands of others throughout the country. Some people have lost their jobs, while others have been hit with unexpected medical bills, car repairs and other...
Missouri theater closing after Regal files for bankruptcy
Movie-goers in Springfield, Missouri, may have been among those who were disappointed to read a recent post on social media. The post was shared by College Station Theater, which is one of many movie houses that operate under Regal Theaters across the country. The...