Missouri

Missouri is the gateway to the western frontier and has a lot of fascinating history. Missouri has a diverse but weak economy based on agriculture, manufacturing, mining, and tourism. Missouri is ranked #18 for population and #28 for population density.

As of 2018, over 6.1 million people called Missouri home. Kansas City is the largest city in Missouri.

Income

The median state income is $55,016. As of 2018, the minimum wage is $7.85 per hour. Unfortunately, 18.6% of Missourians children under 18 live in poverty. For residents overall, 14% of all people in Missouri live under the poverty level.

  • Median state income: $55,016
  • Minimum wage: $7.85/hour
  • Children in poverty: 18.6%
  • People in poverty: 14%

Is Missouri a Community Property State?

Unfortunately, Missouri not a community property state. Therefore your assets are not seen as equally owned by you and your spouse. Currently, there are only 10 states that are community property states. In the state of Missouri, the judge will decide which assets are shared by you and your spouse, and what the equity is for each.

There are 10 community property states in which the state sees your assets as community property are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin.

Homeowners


More than half (67.6%) of Missourians hold a mortgage. The median home price in Missouri is $152,900 (2018). Of course, that median price depends on the location with some areas being much higher.

  • Homeowner rate: 67.6%
  • Median home price: $152,900

Employment

Missouri has a current unemployment rate of 3.6%. However, the underemployment rate is 7.8%. Underemployment is the percentage of civilian workers who are unemployed, employed part-time or are not seeking employment.

If this is you, we can help. Pacific Debt offers Missouri debt relief solutions tailored to your unique situation and budget. Our certified counselors help you work up a budget and explain your options.

  • Unemployment: 3.6% (2018)
  • Underemployment: 7.8% (2017)

Missouri Debt

Missourians carry a lot of debt. The average credit card debt is $6,491 (2018). The average student loan debt is $25,844. Missouri is in the top 10 states with lowest average mortgage debt. When you add all that debt on top of the cost of homes (rental or owned), versus the median income, it is very easy for Missourians to get into debt.

  • Avg credit card debt: $6,491 (2018)
  • Avg mortgage debt: $137,723 (2017)
  • Avg student loan debt: $25,844 (2017)

Missouri Statute of Limitations

Missouri’s statute of limitations lays out maximum time periods that debt collectors can take action against a delinquent debt. These statutes of limitations begin on the date that your debt goes delinquent.

For debts taken out in Missouri, the following are the statutes of limitations for different types of debt.

  • Oral agreements: 6 years
  • Written contracts: 10 years
  • Promissory notes: 3 years
  • Credit cards and other revolving loans: 5 years

Missouri Debt Relief & Debt Consolidation

If you have more debt than you can pay off, Pacific Debt can help you consolidate your debt and learn to live debt free. Since 2002, we’ve settled over $200 million in debt for thousands of clients. We are a nationally top ranked debt relief company located in San Diego.

We will help you work through our proven and comprehensive debt relief program. Your certified debt relief counselor will review all your options. If debt settlement is right for you, we move forward with our debt consolidation program and work to save you money. Pacific Debt can help with most unsecured debt like credit cards, personal loans, medical bills and repossessions.

It is not an easy process and it won’t happen overnight, but you can do it. Pacific Debt will be there every step of the way to help.

Debt Collection Laws

Missourians are protected against unscrupulous debt collectors. The federal Fair Debt Collection Practices Act (FDCPA) prohibits debt collectors from using abusive or harassing bill collection practices.If you are a victim of any of these actions, you may take legal action against them.

Overall, debt collectors can NOT:

  • Charges more than 10% interest
  • Garnish more than 25% of wages
  • Use/threaten physical force or criminal tactics to harm you, your property, or your reputation
  • Accusing you of committing a crime for not paying the debt
  • Make/threaten to make defamatory statements to someone else
  • Threaten arrest, to seize assets, or garnish wages, unless actually planning to take such action
  • Use obscene or profane language
  • Cause you to spend money you wouldn’t otherwise have spent (ie long-distance telephone calls)
  • Call you repeatedly or let your phone ring repeatedly
  • Call frequently
  • Contact your employer, except to verify employment or health insurance status, garnish wages or locate you
  • Reveal information about debt to anyone except your spouse or your parents if a minor.
  • Publicly publish your name for failing to pay
  • Send a postcard or letter with revealing information on the envelope
  • Claim to be someone other than a debt collector, including a governmental official
  • Use stationary that appears to be from a law firm
  • Charge you collection or attorney’s fees unless legally allowable
  • Threaten to report you to a credit reporting agency if they have no intention of doing so
  • Send a letter claiming to come from a claim, credit, audit, or legal department unless it actually is

Debt collectors must:

  • Disclose caller identification
  • May contact your family to locate you
  • Must serve you with notice of a lawsuit if suing you

Bankruptcy Court Information

Bankruptcy is a legal action that can erase most of your debt as well as your credit history. It is not an action to take lightly. If you do, you must follow the following steps in Missouri.

Persons filing for bankruptcy must:

  • Complete credit counseling within six months before filing for bankruptcy.
  • Complete a financial management instructional course after filing bankruptcy.
  • Complete a Bankruptcy Act Means Test to determine if you are eligible for a Chapter 7 or 13 bankruptcy
  • Itemize current income sources; major financial transactions; monthly living expenses; debts (secured and unsecured); and property (all assets and possessions, not just real estate).
  • Collect last 2 years of tax returns, deeds to real estate you own, car titles, and loan documents
  • File for bankruptcy
      • Chapter 7 bankruptcy fee is $306
      • Chapter 13 bankruptcy fee is $281
  • Meet with court assigned bankruptcy trustee
  • Attend a Meeting of Creditors
  • Confirm plan if filing for Chapter 13 bankruptcy

DISCLAIMER: We are not lawyers and are not giving legal advice. Before filing bankruptcy, talk to a lawyer in your state.

Missouri Better Business Bureau

Pacific Debt is an A+ rated business with the BBB. We have been accredited since 2010. We have received 4.87 out of five stars based on 40 customer reviews with the BBB.

Missouri Debt Relief Reviews

by Dee S.
I am currently in the first stage of…
I am currently in the first stage of the program and so far it has been a great experience. Everyone I have talked to has been very professional and empathetic to our situation. I can only hope that the rest of this process goes as well and I can be free of debt with no regrets.
by Customer
I have had a great experience so far
I have had a great experience so far. I would recommend this company to help take control of your finances.
by Rich H
New Begining
If you are thinking there is no end insight and seeing half of your monthly payments going in their bank while the only means for daily needs is another swipe digging the hole deeper. Do yourself a favor do your homework than call Pacific Debt. and listen to your wayout. They work with you so you can see an end and in good time so you realize the sooner you start you can count down to the new begining.

Missouri Cities Served by Pacific Debt

Adrian
Advance
Affton
Agency village
Airport Drive village
Alba
Albany
Aldrich village
Alexandria
Allendale
Allenville village
Alma
Altamont village
Altenburg
Alton
Amazonia village
Amity
Amoret
Amsterdam
Anderson
Annada village
Annapolis
Anniston
Appleton City
Arbela
Arbyrd
Arcadia
Archie
Arcola village
Argyle
Arkoe
Armstrong
Arnold
Arrow Point village
Arrow Rock
Asbury
Ashburn
Ash Grove
Ashland
Atlanta
Augusta
Aullville village
Aurora
Auxvasse
Ava
Avilla
Avondale
Bagnell
Baker village
Bakersfield village
Baldwin Park village
Ballwin
Baring
Barnard
Barnett
Barnhart
Bates City
Battlefield
Bella Villa
Bell City
Belle
Bellefontaine Neighbors
Bellerive village
Bellflower
Bel-Nor village
Bel-Ridge village
Belton
Benton
Benton City village
Berger
Berkeley
Bernie
Bertrand
Bethany
Bethel village
Beverly Hills
Bevier
Biehle village
Bigelow village
Big Lake village
Billings
Birch Tree
Birmingham village
Bismarck
Blackburn
Black Jack
Blackwater
Blairstown
Bland
Blodgett village
Bloomfield
Bloomsdale
Blue Eye
Blue Springs
Blythedale village
Bogard
Bolckow
Bolivar
Bonne Terre
Boonville
Bosworth
Bourbon
Bowling Green
Bragg City
Brandsville
Branson
Branson West
Brashear
Braymer
Breckenridge
Breckenridge Hills
Brentwood
Bridgeton
Brimson village
Bronaugh
Brookfield
Brookline village
Brooklyn Heights
Browning
Brownington
Brumley
Brunswick
Bucklin
Buckner
Buffalo
Bull Creek village
Bunceton
Bunker
Burgess
Burlington Junction
Butler
Butterfield village
Byrnes Mill
Cabool
Cainsville
Cairo village
Caledonia village
Calhoun
California
Callao
Calverton Park village
Camden
Camden Point
Camdenton
Cameron
Campbell
Canalou
Canton
Cape Girardeau
Cardwell
Carl Junction
Carrollton
Carterville
Carthage
Caruthersville
Carytown
Cassville
Castle Point
Catron
Cave
Cedar Hill
Cedar Hill Lakes village
Center
Centertown
Centerview
Centerville
Centralia
Chaffee
Chain of Rocks village
Chain-O-Lakes village
Chamois
Champ village
Charlack
Charleston
Chesterfield
Chilhowee
Chillicothe
Chula
Clarence
Clark
Clarksburg
Clarksdale
Clarkson Valley
Clarksville
Clarkton
Claycomo village
Clayton
Clearmont
Cleveland
Clever
Cliff Village village
Clifton Hill
Climax Springs village
Clinton
Clyde village
Cobalt village
Coffey
Cole Camp
Collins village
Columbia
Commerce village
Conception Junction
Concord
Concordia
Coney Island village
Conway
Cool Valley
Cooter
Corder
Corning
Cosby village
Cottleville
Country Club village
Country Club Hills
Country Life Acres village
Cowgill
Craig
Crane
Creighton
Crestwood
Creve Coeur
Crocker
Cross Timbers
Crystal City
Crystal Lake Park
Crystal Lakes
Cuba
Curryville
Dadeville village
Dalton
Dardenne Prairie
Darlington village
Dearborn
Deepwater
Deerfield village
De Kalb
Dellwood
Delta
Dennis Acres village
Denver village
Des Arc village
Desloge
De Soto
Des Peres
De Witt
Dexter
Diamond
Diehlstadt village
Diggins village
Dixon
Doniphan
Doolittle
Dover
Downing
Drexel
Dudley
Duenweg
Duquesne village
Dutchtown village
Eagleville
East Lynne
Easton
East Prairie
Edgar Springs
Edgerton
Edina
Edmundson
Eldon
El Dorado Springs
Ellington
Ellisville
Ellsinore
Elmer
Elmira village
Elmo
Elsberry
Emerald Beach village
Eminence
Emma
Eolia village
Essex
Ethel
Eureka
Everton
Ewing
Excelsior Estates village
Excelsior Springs
Exeter
Fairfax
Fair Grove
Fair Play
Fairview
Farber
Farley village
Farmington
Fayette
Fenton
Ferguson
Ferrelview village
Festus
Fidelity
Fillmore
Fisk
Fleming
Flemington village
Flint Hill
Flordell Hills
Florida village
Florissant
Foley
Fordland
Forest City
Foristell
Forsyth
Fortescue
Fort Leonard Wood
Foster village
Fountain N’ Lakes village
Frankford
Franklin
Fredericktown
Freeburg village
Freeman
Freistatt village
Fremont Hills
Frohna
Frontenac
Fulton
Gainesville
Galena
Gallatin
Galt
Garden City
Gasconade
Gentry village
Gerald
Gerster
Gibbs village
Gideon
Gilliam
Gilman City
Gladstone
Glasgow
Glasgow Village
Glenaire
Glen Allen
Glendale
Glen Echo Park village
Glenwood village
Golden City
Goodman
Gordonville village
Gower
Graham
Grain Valley
Granby
Grand Falls Plaza
Grandin
Grand Pass village
Grandview
Granger village
Grant City
Grantwood Village
Gravois Mills
Gray Summit
Greencastle
Green City
Greendale
Greenfield
Green Park
Green Ridge
Greentop
Greenville
Greenwood
Guilford
Gunn City village
Hale
Halfway village
Hallsville
Halltown village
Hamilton
Hanley Hills village
Hannibal
Hardin
Harris
Harrisburg
Harrisonville
Hartsburg
Hartville
Hartwell village
Harwood village
Hawk Point
Hayti
Hayti Heights
Hayward
Haywood City village
Hazelwood
Henrietta
Herculaneum
Hermann
Hermitage
Higbee
Higginsville
High Hill
Highlandville
High Ridge
Hillsboro
Hillsdale village
Hoberg village
Holcomb
Holden
Holland
Holliday village
Hollister
Holt
Holts Summit
Homestead village
Homestown
Hopkins
Horine
Hornersville
Houston
Houstonia
Houston Lake
Howardville
Hughesville village
Humansville
Hume
Humphreys village
Hunnewell
Huntleigh
Huntsville
Hurdland
Hurley
Iatan village
Iberia
Imperial
Independence
Indian Point village
Innsbrook village
Ionia
Irena village
Irondale
Iron Mountain Lake
Ironton
Jackson
Jacksonville village
Jameson
Jamesport
Jamestown
Jasper
Jefferson City
Jennings
Jerico Springs village
Jonesburg
Joplin
Josephville village
Junction City village
Kahoka
Kansas City
Kearney
Kelso village
Kennett
Keytesville
Kidder
Kimberling City
Kimmswick
King City
Kingdom City village
Kingston
Kingsville
Kinloch
Kirksville
Kirkwood
Knob Noster
Knox City
Koshkonong
La Belle
Laclede
Laddonia
La Due village
Ladue
La Grange
Lake Annette
Lake Lafayette
Lake Lotawana
Lake Mykee Town village
Lake Ozark
Lake St. Louis
Lakeshire
Lakeside
Lake Tapawingo
Lake Waukomis
Lake Winnebago
Lamar
Lamar Heights village
Lambert village
La Monte
Lanagan
Lancaster
La Plata
Laredo
La Russell
Lathrop
La Tour village
Laurie village
Lawson
Leadington
Leadwood
Leasburg village
Leawood village
Lebanon
Lee’s Summit
Leeton
Lemay
Leonard village
Leslie village
Levasy
Lewis and Clark Village
Lewistown
Lexington
Liberal
Liberty
Licking
Lilbourn
Lincoln
Linn
Linn Creek
Linneus
Lithium village
Livonia village
Lock Springs village
Lockwood
Lohman
Loma Linda
Lone Jack
Longtown
Louisburg village
Louisiana
Lowry City
Lucerne village
Ludlow
Lupus
Luray village
McBaine
McCord Bend village
McFall
Mackenzie village
McKittrick
Macks Creek
Macon
Madison
Maitland
Malden
Malta Bend
Manchester
Mansfield
Maplewood
Marble Hill
Marceline
Marionville
Marlborough village
Marquand
Marshall
Marshfield
Marston
Marthasville
Martinsburg
Maryland Heights
Maryville
Matthews
Maysville
Mayview
Meadville
Mehlville
Memphis
Mendon
Mercer
Merriam Woods village
Merwin village
Meta
Metz
Mexico
Miami
Middletown
Milan
Milford village
Millard village
Miller
Mill Spring village
Milo village
Mindenmines
Miner
Mineral Point
Miramiguoa Park village
Missouri City
Moberly
Mokane
Moline Acres
Monett
Monroe City
Montgomery City
Monticello village
Montrose
Mooresville village
Morehouse
Morley
Morrison
Morrisville
Mosby
Moscow Mills
Mound City
Moundville
Mountain Grove
Mountain View
Mount Leonard
Mount Moriah
Mount Vernon
Murphy
Napoleon
Naylor
Neck City
Neelyville
Nelson
Neosho
Nevada
Newark village
New Bloomfield
Newburg
New Cambria
New Florence
New Franklin
New Hampton
New Haven
New London
New Madrid
New Melle
Newtonia
Newtown
Niangua
Nixa
Noel
Norborne
Normandy
North Kansas City
North Lilbourn village
Northmoor
North Wardell village
Northwoods
Norwood
Norwood Court
Novelty village
Novinger
Oak Grove village
Oak Grove
Oakland
Oak Ridge
Oaks village
Oakview village
Oakville
Oakwood village
Oakwood Park village
Odessa
O’Fallon
Old Appleton
Old Monroe
Olean
Olivette
Olympian Village
Oran
Oregon
Oronogo
Orrick
Osage Beach
Osborn
Osceola
Osgood village
Otterville
Overland
Owensville
Ozark
Pacific
Pagedale
Palmyra
Paris
Parkdale village
Park Hills
Parkville
Parkway village
Parma
Parnell
Pasadena Hills
Pasadena Park village
Pascola village
Passaic
Pattonsburg
Paynesville village
Peculiar
Penermon village
Perry
Perryville
Pevely
Phillipsburg village
Pickering
Piedmont
Pierce City
Pilot Grove
Pilot Knob
Pine Lawn
Pineville
Pinhook village
Platte City
Platte Woods
Plattsburg
Pleasant Hill
Pleasant Hope
Pleasant Valley
Pocahontas
Pollock village
Polo
Poplar Bluff
Portage Des Sioux
Portageville
Potosi
Powersville village
Prairie Home
Prathersville village
Preston
Princeton
Purcell
Purdin
Purdy
Puxico
Queen City
Quitman
Qulin
Randolph village
Ravenwood
Raymondville
Raymore
Raytown
Rayville village
Rea
Redings Mill village
Reeds
Reeds Spring
Renick village
Rensselaer village
Republic
Revere
Rhineland
Richards
Rich Hill
Richland
Richmond
Richmond Heights
Ridgely village
Ridgeway
Risco
Ritchey
River Bend village
Riverside
Riverview village
Rives
Rocheport
Rockaway Beach
Rock Hill
Rock Port
Rockville
Rogersville
Rolla
Roscoe village
Rosebud
Rosendale
Rothville village
Rush Hill village
Rushville
Russellville
Rutledge
Saginaw village
St. Ann
St. Charles
St. Clair
St. Cloud village
Ste. Genevieve
St. Elizabeth village
St. George
St. James
St. John
St. Joseph
St. Louis
St. Martins
St. Mary
St. Paul
St. Peters
St. Robert
St. Thomas
Salem
Salisbury
Sappington
Sarcoxie
Savannah
Schell City
Scotsdale
Scott City
Sedalia
Sedgewickville village
Seligman
Senath
Seneca
Seymour
Shelbina
Shelbyville
Sheldon
Shell Knob
Sheridan
Shoal Creek Drive village
Shoal Creek Estates
Shrewsbury
Sibley village
Sikeston
Silex village
Silver Creek village
Skidmore
Slater
Smithton
Smithville
South Gifford village
South Gorin
South Greenfield village
South Lineville
South West City
Spanish Lake
Sparta
Spickard
Spokane
Springfield
Stanberry
Stark City
Steele
Steelville
Stella
Stewartsville
Stockton
Stotesbury
Stotts City
Stoutland village
Stoutsville village
Stover
Strafford
Strasburg
Sturgeon
Sugar Creek
Sullivan
Summersville
Sumner
Sundown village
Sunrise Beach village
Sunset Hills
Sweet Springs
Sycamore Hills village
Syracuse
Table Rock village
Tallapoosa
Taneyville village
Taos
Tarkio
Tarrants village
Thayer
Theodosia village
Tightwad village
Tina village
Tindall
Tipton
Town and Country
Tracy
Trenton
Trimble
Triplett
Troy
Truesdale
Truxton village
Turney village
Tuscumbia
Twin Bridges village
Twin Oaks village
Umber View Heights village
Union
Union Star
Unionville
Unity Village village
University City
Uplands Park village
Urbana
Urich
Utica village
Valley Park
Van Buren
Vandalia
Vandiver village
Vanduser village
Velda City
Velda Village Hills village
Verona
Versailles
Viburnum
Vienna
Village of Four Seasons village
Villa Ridge
Vinita Park
Vinita Terrace village
Vista village
Waco
Walker
Walnut Grove
Wardell
Wardsville village
Warrensburg
Warrenton
Warsaw
Warson Woods
Washburn
Washington
Watson village
Waverly
Wayland
Waynesville
Weatherby
Weatherby Lake
Weaubleau
Webb City
Webster Groves
Weldon Spring
Weldon Spring Heights
Wellington
Wellston
Wellsville
Wentworth village
Wentzville
West Alton
Westboro
West Line village
Weston
Westphalia
West Plains
Westwood village
Wheatland
Wheaton
Wheeling
Whiteman AFB
Whiteside village
Whitewater
Wilbur Park village
Wildwood
Willard
Williamsville
Willow Springs
Wilson City village
Winchester
Windsor
Winfield
Winona
Winston village
Woods Heights
Woodson Terrace
Wooldridge village
Worth
Worthington village
Wright City
Wyaconda
Wyatt
Zalma village

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