Your Legal Helpers St. Louis bankruptcy lawyer can protect up to $15,000 in equity in your house.
Your Legal Helpers St. Louis bankruptcy lawyer is a seasoned attorney who understands Missouri state laws as well as local rules. As an experienced and respected St. Louis bankruptcy lawyer, he also knows the Trustees' preferences, the local judge's rulings, and how to work with the local creditor attorneys. The Homestead Exemption is just one way that a St. Louis bankruptcy lawyer can protect your possessions. He may also, for example, be able to help you to exempt the proceeds if you sell your home within one year prior to the filing.
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With the Motor Vehicle Exemption, your Missouri bankruptcy lawyer can protect $1,000 in value of any one motor vehicle listed in your bankruptcy. Additionally, if you file the bankruptcy with a spouse your Missouri bankruptcy lawyer can use both vehicle bankruptcy exemptions to protect up to $2,000 in vehicle equity as long as both you and your spouse are on the title to the car.
Under the Life Insurance Proceeds Exemption, Legal Helpers can protect a payment under a life insurance contract that insured the life of an individual of whom you were a dependent, to the extent reasonably necessary for your support or the support of your dependent(s).
Legal Helpers can prevent creditors from touching the proceeds of your hard-earned retirement plan through the Qualified Retirement Plan Exemption. We can help you exempt anything from stock bonuses, pensions, profit sharing plans and annuities as long as we determine that your savings are in a qualified retirement plan.
The Tools of the Trade, Professional Books Exemption allows your attorneys to protect up to $2,000 of the tools you use in your profession. For example, shears, scissors and combs are the tools of a hairdresser, as are wrenches and hammers for a mechanic and carpenter.
Generally, we can protect 100% of compensation you receive under Missouri workers' compensation laws. Legal Helpers can protect both 100% of your wages and 100% of the award you receive to compensate you for any permanent disability. In Missouri, workers' compensation cases are 100% exempt. If you are injured while working then that is money you deserve and creditors will be prevented from reaching those funds.
The last but probably the most important of the exemptions is the Wildcard Exemption. Using the Wildcard Exemption in your case, Legal Helpers can protect up to $400 of any type of personal property in addition to the above exemptions.
These are just a few of the Missouri state exemptions that could play a major role in your case. Contact Legal Helpers today to find out more. The right choice in legal help today makes a major difference for a better tomorrow.
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