Some time ago, the FDA issued a ban on Juul products across the country, including Missouri. Juul, which manufactures electronic cigarette products, decided to challenge the ban in court. In the meantime, financial issues compelled company owners to explore various...
Bankruptcy
Which debts are not dischargeable through bankruptcy?
In recent years, many people in Missouri and throughout the country have been experiencing financial distress. In some cases, it is an easy fix, simply cutting back on unnecessary spending, generating more cash flow and buckling down to pay off debts. It is not always...
Using bankruptcy as a financial tool
Finances are an integral component of daily life. While you might know someone or have heard of people “living off the grid,” it’s far more common for the average person in Missouri to maintain a household (either purchased or rented) that comes with the ongoing...
Can my car be repossessed if I need it for work?
Financial challenges can cause difficulties in many aspects of life. Not making loan payments on time, whether for a Missouri home mortgage or a vehicle, might result in a default, meaning the lender “calls in the loan.” If it is a mortgage default, a lender can begin...
These 3 issues often lead to bankruptcy
In Missouri and throughout the country, many people are currently facing financial problems. The good news is that most financial issues are temporary. It is a matter of knowing what options are available to help resolve a particular problem, then determining which...
Bankruptcy can help resolve credit card debt
In Missouri and beyond, many people have encountered financial challenges in recent years. It is not uncommon for credit card debt to increase when a person loses a job, incurs medical expenses or unexpectedly finds himself or herself in need of car repairs. In some...
Bill would help resolve college loan debt via bankruptcy
If a Missouri college student has no way to pay back a federal loan, the financial strain of the situation could continue throughout his or her lifetime. Many people in this state and others are 10 years or more out from their college days but still have been unable...
5 signs you should consider filing for bankruptcy
Many individuals consider filing for bankruptcy an unsavory last resort – preferring, rather, to battle endlessly in the face of mounting debt. Unfortunately, this becomes an endless spiral. However, the Bankruptcy Code was designed to give hardworking Americans a...
Issues that often lead to bankruptcy in Missouri
If Missouri residents were to take a survey about finances, most would undoubtedly say they have experienced financial challenges at some point in their lives. Both chronic and acute situations can cause financial distress. Sometimes, minor banking adjustments or...
Will J.C. Penney retiree’s lose money due to bankruptcy?
In Missouri and across the country, many department store moguls are closing their doors due to economic crises. For many business owners, filing for bankruptcy is a valuable tool that can help eliminate debt while laying the groundwork for a stronger financial...