BANKRUPTCY IS STILL THE ONLY EFFECTIVE WAY TO DEAL WITH ALL THE DEBT YOU OWE AT ONE TIME
The 2005 Bankruptcy Reform Act still allows Chapter 7 filings to those below
the State Median Income as determined by household size – and is still available to over 95% of those who previously could have filed under Chapter 7.
A few of our Missouri median incomes by household size comparisons are:
HOUSEHOLD SIZE:1234
STATE MEDIAN INCOME LEVELS UP TO: $47,125$59,848$71,240$83,609
Chapter 13 can also be taken if you are over State median income levels.