Blog

How to declare bankruptcy on credit cards

• September 28, 2021
• Kelvin Birk
• Bankruptcy

Falling behind on credit card debt can leave you feeling overwhelmed and trapped. Large credit card debt causes a domino effect of cascading problems. First, if your credit cards are maxed out, then just making minimum payments can mean lots of money, which leaves less for day-to-day living expenses. You can also incur late fees and over-the-limit fees, which cause the total amount you owe to keep climbing. If you fall far enough behind, your debt can go into collections, and you face constant harassing phone calls from collections agencies. Finally, overdue debt can be hard on your credit score, causing it to tumble.

If you face overwhelming debt, it may be time to declare [...]

When Should I Update My Estate Plan?

• July 29, 2021
• Kelvin Birk
• Estate Planning

Creating an estate plan is one of the most important things you can do to protect and provide for your family in the future.  With a little bit of time and a skilled estate planning attorney, you can create a customized trust or will and estate plan that anticipates your unique needs and leverages the most advantageous use of your assets.

Whether it’s by providing for heirs, avoiding onerous taxes, overseeing property and real estate or creating charitable giving opportunities, an estate plan can lay out all of your current and future wishes in a neat and comprehensive document. To ensure the bes [...]

How do I create an LLC in Missouri?

• July 12, 2021
• Kelvin Birk
• Business

Choosing the right business structure is an important decision. By researching your options and considering your future business goals, you can make the best choice. There are currently about 127,000 active LLCs in Missouri. If you’re wondering how to create an LLC in this state, read on for important ideas.

The first thing to do is hire a qualified business attorney who can partner with you to efficiently and comprehensively complete paperwork required by the state to create an LLC.  Leveraging a skilled attorney’s past experience can help you avoid pitfalls and benefit from his legal acumen.  To [...]

How Do You Declare a Business Bankruptcy?

• April 14, 2021
• Kelvin Birk
• Bankruptcy

Whether due to declining sales, increased business competition, or difficult economic headwinds, there are many reasons why business owners can struggle with mounting and unmanageable debt. Creditors may be calling, and banks are pressuring you to repay loans. If this sounds like your situation, it may be time to declare a business bankruptcy. Rather than being a discouraging end to your business, it can actually provide a fresh start for you and your family. Whether you dissolve the business altogether or simply restructure its debt, there are multiple bankruptcy options to explore.

At Birk Law Firm, you can ask our bankruptcy [...]