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Credit Card Debt Consolidation Help  in Missouri
Call Today: (877) 274-1260
If you successfully complete our program, it’s possible that you’ll enjoy these benefits:
Settle your debts for less than you owe
  (read here for full details about how much you can expect to save)
Resolve your unsecured debts in 18 to 60 months
  (read here for full details on how long our program lasts)
No Up Front Fees - Don't Pay Till You See Results!
Missouri  Debt Relief
Debt settlement, also known as debt negotiation and debt reduction, is the process by which we negotiate and settle a debt for a reduced amount on behalf of a client. When successful, it is possible that Franklin Debt Relief can settle their debts for less than what is owed, all with the convenience of one low program payment. The savings from our debt settlement program can potentially be tremendous versus making your minimum payments, and it is in some cases the cheapest and fastest debt relief, debt consolidation or debt help option available to Missouri consumers.

If you're overwhelmed with credit cards, medical bills, balances from a repossession, or accounts in collections, call for a free consultation: (877) 274-1260.
Pertinent Missouri  Debt Relief and Debt Help Laws
(This is intended to be a helpful and informational debt resource for Missouri consumers and does not constitute legal advice. For legal advice about your situation, contact a licensed professional in Missouri.)

Debt Collection

Missouri follows the set of federal laws dealing with collection agencies (and law firms that collect debts) that are collectively known as the Fair Debt Collection Practices Act (FDCPA). For more information on the FDCPA follow this link: debt collection.

Maximum Interest Rate a Collection Agency Can Charge in Missouri: 9%

Wage Protection: 90% of weekly earnings for head of household; 75% of disposable weekly earnings (after tax income) or 30 times federal hourly minimum wage, whichever is greater

Statute of Limitations

A statute of limitations is a law that sets forth the maximum period of time, after certain events, that legal proceedings based on those events may be initiated. For debt, the statutes of limitation apply to the maximum period of time after a consumer has become delinquent on their payments. The key point to remember is that you are considered delinquent not from the date of your last payment, but rather the day after you have gone past due. In other words, if you made your last payment on 3/3/03 and your next payment was due the same day of the next month, the statute of limitations on the debt would not start running until 4/4/04. The statutes of limitations vary from state to state and depend on the type of debt and where the original transaction took place (i.e. if you took the loan out in California but currently live in Missouri, the applicable statutes of limitations would be California's.)

Oral Agreements: 5 years
Written Contracts: 10 years
Promissory Notes: 10 years
Open Accounts (credit cards): 5 years

Bankruptcy Courts

Thomas F. Eagleton US Courthouse
111 S. 10th Street, 4th Floor
St. Louis, MO 63102

Central Division at Jefferson City
United States Courts
United States Courthouse
131 W. High Street
Jefferson City, Missouri 65101

Western Division at Kansas City
Charles Evans Whittaker Courthouse
400 E. 9th Street
Kansas City, Missouri 64106

Southern Division at Springfield
United States Courts
United States Courthouse
222 N. John Q. Hammons Parkway
Springfield, Missouri 65806
Bankruptcy Exemptions

Bankruptcy exemptions are protected assets that the bankruptcy code mandates that a debtor is entitled to keep in order to adequately get a "fresh start" after filing. Bankruptcy exemptions vary from state to state, and the following list is the property that is protected in the bankruptcy code of Missouri. For more information, follow this link: bankruptcy exemptions.

Also, Missouri is a tenancy by the entirety state. Click here to learn about what this means if you have debt that's in only one spouse's name.

Real Estate, Auto, Personal Property

-Real property to $15,000 or mobile home to $5,000
-Motor vehicles to $3000
-$1250 of any property if head of family ($350 per each dependent child)
-$600 of any property if single
-Appliances, household goods, furnishings, clothing, books, crops, animals, and musical instruments to $3000
-Burial grounds to 1 acre or $100
-Health aids
-Personal injury causes of action
-Wedding ring to $1500 and other jewelry to $500
-Wrongful death recoveries for person you depended on


-Assessment plan or life insurance proceeds
-Disability or illness benefits
-Fraternal benefit society benefits to $5000 (must be bought over 6 months before filing)
-Life insurance dividends, loan value, or interest to $150,000 (must be bought over 6 months before filing)
-Life insurance proceeds if policy owned by a woman and insures her husband or owned by an unmarried woman and insures her father or brother
-Stipulated insurance premiums
-Unmatured life insurance policy
Public Benefits

-Crime victims' compensation
-Public assistance
-Social Security
-Unemployment compensation
-Veterans' benefits
-Workers' compensation


-Employee benefit spendthrift trust
-Employees of cities with 100,000 or more people
-ERISA-qualified benefits
-IRAs, Roth IRAs and other retirement accounts needed for support
-Firefighters, police department employees
-State employees

Tools o Trade

-Implements, books, and tools of trade to $3000


-Alimony, child support to $750 per month
-Property of business partnership

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