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February 20, 2012
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Federal & State Bankruptcy Laws

 


Bankruptcy law provides for the development of a plan that allows a debtor, who is unable to pay his creditors, to resolve his debts through the division of his assets among his creditors. The following is list of laws related to Bankruptcy:

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Did You Know?    
 
 
There are defined legal debtor rights
Debtor-creditor law governs situations where one party is unable to pay a monetary debt to another. While you have an obligation to pay your bills on time, there are laws to protect your rights if you should find yourself being pursued by a debt collection agency.

 


  Newsroom  
 


News about Bankruptcy in Missouri and nationwide:

New Bankruptcy Law Requires Credit Counseling Before Filing
If you are considering filing for bankruptcy,you should know about one major change to thebankruptcy law: Beginning October 17,2005,you must get cr...
Read more >


Applicability Of Chapters
(a) Except as provided in section 1161 of this title, chapters 1, 3, and 5 of this title apply in a case under chapter 7, 11, 12, or 13 of this tit...
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Customers of Enron-related REPs Protected Safeguards Approved for 13,500 non-residential Customers
Wednesday March 6, 2002 The Public Utility Commission (PUC) on Wednesday issued an interim order approving a procedure to allow for the transfer of...
Read more >


More Bankruptcy News >

 
 

Bankruptcy Terms

 


Today's Terms

Reamortization

Definition:
If your loan is reamortized, the delinquency is added to the loan balance in order to bring your payments up to date. This increases your loan amount and will also increase your monthly payments.

Disclosure statement

Definition:
A comprehensive disclosure document sent to creditors when they are asked to vote on a plan of reorganization in Chapter 11.

Cash collateral

Definition:
Cash and cash equivalents held by the debtor in Chapter 11 subject to liens of other parties.

More Bankruptcy Terms >

Bankruptcy Resources

 


Search Bankruptcy resources in our resource center:

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Bankruptcy Hot Topics

 
Topics Related to Bankruptcy:

  • Chapter 7
  • Chapter 13
  • Chapter 11
  • Chapter 12
  • Chapter 9

More Bankruptcy Topics >


Missouri Bankruptcy Attorney

 
If you live in the following cities and need a Bankruptcy attorney you should contact our Bankruptcy Attorney as soon as possible:

  • Arnold
  • Ballwin
  • Belton
  • Blue Springs
  • Cape Girardeau
  • Chesterfield
  • Columbia
  • Fenton
  • Florissant
  • Grandview
  • Independence
  • Jefferson City
  • Joplin
  • Kansas City
  • Lebanon
  • Liberty
  • O Fallon
  • Poplar Bluff
  • Rolla
  • Saint Charles
  • Saint Louis
  • Saint Peters
  • Sedalia
  • Sikeston
  • Springfield
 


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