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Best Bankruptcy Attorneys in Springfield

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Barrett Law, LLC logo
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Barrett Law, LLC

708 North 22nd Street, Ozark, MO 65721
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  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy

Business Description

A divorce and bankruptcy law firm located in Springfield, Barrett Law, LLC, helps clients overwhelmed by their debt find a new financial start. Debtors can approach the firm for assistance in their chapter 7 or chapter 13 bankruptcy filing so they can either discharge most of their debts or figure out a payment plan over a period of 3-5 years. Barrett Law, LLC, also represents clients in matters of traffic court, family law, wills and powers of attorney, and business formation.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.9
Google
4.5 / 5 (182)
Facebook
4.5 / 5 (57)
Yelp
1.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
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Licata Bankruptcy Firm logo
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Licata Bankruptcy Firm

1442 East Bradford Parkway, Springfield, MO 65804
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  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy

Business Description

Licata Bankruptcy Firm serves Springfield and focuses solely on helping debtors start over fresh financially. The firm's bankruptcy attorneys have successfully filed thousands of chapter 13 and chapter 7 bankruptcy cases. Licata Bankruptcy Firm first assesses a client's individual situation before advising them on the next steps they can take against credit card debts, medical bills, payday loans, tax debt, divorce debt, and student loans. They also offer protection from constant creditor harassment.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.7
Google
4.7 / 5 (78)
Facebook
5.0 / 5 (7)
Yelp
5.0 / 5 (2)

(+1 additional source)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
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Detail
MVP Law logo
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MVP Law

4650 South National Avenue, Springfield, MO 65810
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  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy

Business Description

MVP Law is a Springfield-based law firm established in 1901 and has since been representing lending institutions, banks, and other business entities in business transactions and litigations. The firm's bankruptcy attorneys help with bankruptcy and creditors' rights in collection and financial loss mitigation matters. MVP Law also has over a century of experience representing clients in cases involving workers' compensation, public sector law, employment law, and civil litigation and insurance defense.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
4.9 / 5 (87)
Yelp
4.2 / 5 (48)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Reynolds & Gold Law logo
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Reynolds & Gold Law

1322 East Kingsley Street, Springfield, MO 65804
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  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy

Business Description

Reynolds & Gold Law is a Springfield-based law firm with more than 58 years of combined experience among its bankruptcy attorneys. It seeks to help debtors overwhelmed by their medical bills, divorce costs, credit card debt, and payday loans. Reynolds & Gold Law helps clients file for chapter 7 straight or liquidation bankruptcy or chapter 13 wage earners' plan bankruptcy. Beyond bankruptcy, the firm represents clients in real estate law, business law, municipal law, and medical marijuana business law matters.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
4.9 / 5 (41)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
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Detail
Springfield Law Group, LLC logo
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Springfield Law Group, LLC

1546 East Bradford Parkway, Springfield, MO 65804
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  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy

Business Description

Springfield Law Group, LLC, is a bankruptcy law firm that serves the Springfield area. It seeks to help free clients from the burden of debt and start over financially. The firm's attorneys deal with every step of chapter 7 or chapter 13 bankruptcy filings. Springfield Law Group, LLC, has handled cases numbering in the thousands, helping clients either discharge most if not all of their debt or figure out a debt repayment plan.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.5
Google
4.4 / 5 (18)
Facebook
4.2 / 5 (10)
Avvo
5.0 / 5 (6)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
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Detail
The Law Office of James M. Poe logo
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The Law Office of James M. Poe

1903 E Battlefield, Springfield, MO 65804
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  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy

Business Description

The Law Office of James M. Poe represents individuals and businesses in bankruptcy cases in Springfield. It provides assistance in discharging and reorganizing personal debt. In addition to filing for chapters 7, 11, and 13 bankruptcies, the practice's principal lawyer, James M. Poe, also extends business counseling to local and regional businesses. Moreover, the firm handles business law and estate planning cases. The Law Office of James M. Poe was founded in 2007.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.5
Avvo
4.8 / 5 (12)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
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Detail
Watton Law Group logo
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Watton Law Group

1201 Walnut Street Suite 435, Springfield, MO 64106
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  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy

Business Description

For over 25 years, Watton Law Group has been serving Springfield residents who need guidance in bankruptcy law. The firm assists clients in filing for chapters 7 and 13 bankruptcy claims, managing credit card interests, reducing payments, and dealing with lawsuits. It also helps protect clients from foreclosures, wage garnishment, asset seizure, and repossession. Its team of attorneys strives to help clients take control of their finances and guide them toward a more economically secure future.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.9
Google
4.9 / 5 (394)
Avvo
5.0 / 5 (16)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Back to Providers

Frequently Asked Questions

What does a bankruptcy attorney do?

Bankruptcy attorneys help clients understand whether they qualify for bankruptcy and what their best options are. They also prepare and file petitions, answer questions during the proceedings, and educate clients about potential best steps for a positive bankruptcy outcome. Bankruptcy attorneys might also file motions or paperwork if creditors dispute the bankruptcy, or to stop creditors from taking collections actions forbidden by the bankruptcy.

What happens when you file bankruptcy?

Bankruptcy is a formal process that individuals, married couples, or businesses can enact when they are no longer able to pay creditors. In a bankruptcy proceeding, filers are allowed to reduce debt to more manageable levels to best pay off money owed.

Once the bankruptcy process is initiated, debt collectors can no longer seek repayments outside of the arrangements detailed in the bankruptcy settlement. Some forms of bankruptcy result in the liquidation of assets to pay back debts, while others allow filers to retain most of their possessions and investments. Many types of unsecured debt can be managed with bankruptcy filings, but not all.

Can you file bankruptcy on student loans?

Under most circumstances, student loans aren't dischargeable and aren't included in bankruptcy proceedings. In rare cases, it may be possible to eliminate student loans through bankruptcy, but only if the courts determine that continuing to pay the loans would impose an undue hardship. Meeting the criteria for undue hardship is challenging, and most bankruptcy filers don't qualify.

What is bankruptcy fraud?

Bankruptcy fraud is a blanket term that refers to any kind of dishonest bankruptcy proceeding, which can include:

  • Hiding assets by transferring them to another person or entity
  • Intentionally omitting assets when reporting to the court
  • Destroying or withholding required documents
  • Knowingly making false statements to bankruptcy trustees or creditors

How long is bankruptcy on public record?

How long bankruptcy stays on public record depends on the kind of bankruptcy filing in question. Chapter 7 bankruptcy remains on the record for 10 years as there isn't necessarily a repayment component. Chapter 13 bankruptcy remains on the record for seven years as some obligations are repaid following filing based on the terms of a discharge settlement.

Does bankruptcy clear tax debt?

Bankruptcy can clear tax debt, depending on the circumstances. Taxes are dischargeable under Chapter 7 bankruptcy, not Chapter 13, and only if the tax debt is:

  • Federal income tax debt related to current properly filed tax returns
  • Honestly incurred with no fraud or evasion
  • At least three years old
  • Assessed at least 240 days before bankruptcy filings

Existing liens are not eliminated with bankruptcy.


Can they take my car in Chapter 7 bankruptcy?

In many cases, it's possible to keep a vehicle following Chapter 7 bankruptcy. The Chapter 7 Motor Vehicle Exemption allows filers who own their vehicles outright or who are up to date with payments to keep their cars. However, those behind on making car payments are required to arrange a repayment plan. Otherwise, the vehicle may be repossessed as a part of the proceedings.

How bad is it to file bankruptcy twice?

Although possible, due to the damaging nature of bankruptcy, filing bankruptcy more than once isn't recommended. Filing multiple times puts a serious burden on one's credit report, making it harder to get a loan, buy a house, buy a car, or even open credit cards.

Note that filing for bankruptcy isn't something that can be done at a filer's leisure. There are time limits following bankruptcy cases that dictate when it's permissible to file again. For example, after Chapter 7 bankruptcy, filers must wait at least eight years before filing Chapter 7 again or four years before filing Chapter 13.

Can anyone file bankruptcy?

Anyone can file bankruptcy, but there are limitations regarding which form of bankruptcy is permissible. Qualifying for Chapter 7 requires a means test that evaluates income, debt levels, and income left over each month after paying basic obligations. Income over the median set by the court and monthly income that allows meaningful payments toward unsecured debt can disqualify filers from Chapter 7, which is generally the preferred form of bankruptcy due to the possibility of a full discharge. Anyone can file Chapter 13 bankruptcy, but the terms are less favorable. In most cases, some debts must be repaid following a successful filing. Chapter 13 is also more likely to result in asset forfeiture.

How will bankruptcy affect my credit score?

Bankruptcies are noted on credit reports. How much a bankruptcy might drop a person's credit score depends on how high the score was to begin with, but generally speaking, the hit can be as much as 100 to 200 points. Often scores are already dropping because people filing for bankruptcy may have already missed payments on debts. Chapter 13 bankruptcies are listed on credit reports for seven years from the filing date, while Chapter 7 bankruptcies are listed for 10 years from the filing date. This is because Chapter 13 bankruptcies require at least partial payment of debts owed.

What are the benefits of filing for bankruptcy?

Filing a bankruptcy petition causes an automatic stay. This legally stops creditors from taking further action to collect debt, including garnishing wages or foreclosing on property. Going through a bankruptcy successfully means that debts included in the bankruptcy are discharged and don't have to be paid back, except as provided in a Chapter 13 repayment plan. Bankruptcy can help someone recover from financial duress so they can make better decisions and improve financial situations in the future. Disadvantages can include temporary lower credit scores and limitations on spending and financing.

What's the difference between debt settlement and bankruptcy?

Debt settlement occurs when people negotiate with individual creditors. The creditor agrees to take a payment that's lower than what someone owes and call the debt “paid in full.” Bankruptcy is a legal process that causes debts to be dismissed after someone proves they don't currently have the means to pay their debts as owed. Typically, someone can't enter into bankruptcy and also settle some debts, because the court would see that as favoring one creditor over another.

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