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...
BANKRPTCY AND DIVORCE
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...
IS YOUR BANKRUPTCY ATTORNEY DOING WHAT IS IN YOUR BEST INTEREST?
In the past few years I’ve noticed a disturbing new trend in the Eastern District of Missouri. In an attempt to gain more clients, some law firms are offering to file cases for as little as $313.00. How can these firms operate when the filing fee for a Chapter 13...
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...
Important tips for choosing the best bankruptcy lawyer
Bankruptcy laws and processes are complicated, and they require you to work with a lawyer who has your best interests in mind. You don’t want to choose just any lawyer to represent your case. A bankruptcy filing requires disclosing a lot of financial information, so...
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...
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...
Need to file bankruptcy but worried about Coronavirus? You may be able to file from home!
Did you know that you can file bankruptcy from the comfort of your own home? If you can email or fax the required documents to our office and have access to a webcam or smartphone we can file your case without you coming into the office. What do we need from you?...
My Car Was Repossessed – Can Bankruptcy Help Me Get It Back?
I frequently receive phone calls from people who have woken up to a nasty surprise. While they were asleep, their car was repossessed. Often it is the only vehicle they have and without a vehicle they cannot make it to work, or get their children to school. The main...
File Chapter 7 BEFORE you get your Tax Refund!
When I meet with new clients one of their biggest concerns is losing their tax refund. Many people are under the impression that if they file a Chapter 7 Bankruptcy before they receive their tax refund they might lose it for the year. Although this was true in the...