Yesterday (July 9, 2012) Governor Nixon signed a law that will change some Missouri bankruptcy exemption statutes, including the vehicle exception statute and the head of household statute. The new law clarifies that the Missouri bankruptcy exemption of a debtor’s interest in motor vehicles applies to all motor vehicles owned by the debtor to a total of $3000 no matter the number of debtor owned motor vehicles which are used to reach the $3000 exemption amount. It also clarifies that the exemption of a mobile home used by the debtor as a residence is $5000 when the mobile home is not attached to land which is also owned by the debtor; where the mobile home is attached to the land owned by the debtor the only exemption available to the debtor is that of the homestead exemption. The law also changes the Missouri bankruptcy exemption in public assistance programs to include all public assistance programs notwithstanding the source of the public assistance. Lastly it raises the age for dependents from 18 to 21 in the determination of the head of household exemption. This new law will apply to bankruptcies filed on or after August 28, 2012.
We thought he did a great job. We referred a lot of people to him. He was fair with the price. My sister talked to him (we told her how well we liked him) and she will use him. A girl that I [Janet] work with called him. If we ever need an attorney again we will hire him. We were really satisfied. - Janet & Jeffrey
I was a small business owner that was affected by the current economic downturn. Because of this I had to shut the doors and file bankruptcy. Aaron Cook has been great to work with. He is very detailed, helped us gather all the information needed, and explained the whole process very well. I would definitely recommend him to anyone having to go through this process. – Trent
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