Magdy Law Blog

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Am I required to file bankruptcy with my spouse?

Whether you file Chapter 7 Bankruptcy or Chapter 13 Bankruptcy you are not required to file with your spouse if you are married. However, it is very important that you meet with an experienced bankruptcy attorney to determine what the consequences of filing alone will...

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All too often, overwhelming debt can cause serious problems in a marriage and often lead to divorce. If you and your partner are considering divorce and have outstanding debt, it’s possible that one or both of you might end up filing bankruptcy. Should you file...

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Bankruptcy Exemption Planning in Missouri

In 2008, the United States Court of Appeals ruled that 11 U.S.C. 522(o) still allows for pre-bankruptcy exemption planning. The case is know as In re Addison 540 F.3d 805 (8th Cir. 2008). 522(o) was added to the bankruptcy code as part of BAPCPA , the 2005 revision of...

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What we do and our bankruptcy process

Many people are afraid to file for bankruptcy because they think it will be too difficult to get back on their feet or that filing is too costly. They go on suffering, afraid to seek help. Others move forward but make the mistake of believing that their choice of...

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Stay Protected

Are You Getting a Stimulus Check? On Friday, the President signed the largest economic relief bill in U.S. History into law. Part of the bill provides for one-time direct payments to Americans of $1,200 per individual adult or $2,400 for married couples, plus an...

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