Springfield Bankruptcy Attorney

Representing Creditors in Branson & Green County, Missouri Bankruptcy Proceedings

Neale & Newman, L.L.P.'s services and bankruptcy lawyers in Springfield & Branson, MO, are available to perform bankruptcy creditor work including, but not limited to:

• Advising clients on all aspects of bankruptcy implications of claims, including pre-bankruptcy planning for creditors
• Reviewing schedules for accuracy
• Deposing debtors and other parties in anticipation of bankruptcy litigation and/or plan objections
• Preparing and filing reaffirmation agreements for secured creditors
• Preparing and filing proofs of claim for secured and unsecured creditors
• Preparing and litigating stay lift motions for secured creditors
• Preparing and litigating objections to plan confirmation, including negotiation of plan provisions favorable to our clients
• Preparing, filing, and litigating non-dischargeability actions
• Defending fraudulent conveyance, turnover and preference actions

Contact our bankruptcy attorneys in Springfield or Branson, Missouri to consult with us about creditors' rights in debtor bankruptcy proceedings.

What is the Income Limit for Chapter 7 Bankruptcy in Missouri?

While income isn't the sole determinant of eligibility for Chapter 7 bankruptcy in Missouri, it plays a crucial role through the means test. For instance, if your household has two people and your disposable income over the next 60 months is less than $7,475, you pass the means test and may be eligible for Chapter 7. However, if your disposable income exceeds $12,475, you likely wouldn't qualify.

What Assets Are Exempt From Bankruptcy in Missouri?

Some assets that are exempt from bankruptcy in Missouri include: 

• Home equity
• Personal property
• Clothing, household goods, appliances, furnishings, books, animals, musical instruments, and crops
• Wedding or engagement rings
• Other Jewelry
• Health aids: Doctor-prescribed health aids
• Firearms, firearm accessories, and ammunition
• Burial grounds
• Public benefits: Veterans, workers' compensation, Social Security, and public assistance
• Retirement accounts

Bankruptcy exemptions protect essential property from the bankruptcy trustee, who could otherwise seize it and sell it to recover the money owed to creditors. 

Why Choose Our Springfield Bankruptcy Lawyers?

After over 100 years in practice, our bankruptcy attorneys in Springfield, Missouri have learned a thing or two about which types of innovations create game-changing cost savings—as well as when time-tested knowledge and methods serve you best. We pride ourselves on assisting our clients with a combination of deep experience and current technology, offering you the best of both.

We've achieved remarkable success thanks to the trust and loyalty of our clients, and this expansion allows us to serve an even greater community in the Branson area. Our team of passionate and dedicated Missouri financial lawyers is ready to provide you with the highest quality legal representation, personalized attention, and unwavering commitment to achieving your desired outcomes.

Call (417) 670-2520 to schedule your consultation with Springfield and Branson bankruptcy lawyers.