Filing For Bankruptcy in Fenton MO

If you are interesting is learning more about your options with regards to a St Louis bankruptcy, then you have come to the right place!! We specialize in Chapter 7 and Chapter 13 bankruptcies.

There is quite a big difference between the two chapters. In a St Louis Ch13, you are set up with a repayment plan. This plan lasts between three (3) and five (5) years. During this period of time, certain debts are paid back. These debts would include car loans (but at a rate of interest set by the court, which is around 4 or 5%), overdue mortgage payments (so that you can avoid a foreclosure), back child support, recent tax debt, and sometimes a portion of your unsecured debt.

A Ch7 is a bit more straightforward. It is described as a complete discharge of your unsecured debts. Things like credit cards, medical bills, payday loans, old utility bills, overdrawn bank accounts, etc. Or if you are being sued by one of your creditors (even if that creditor has started garnishing your wages), that debt will get knocked out as well (and we can put an immediate stop to the garnishment).

Which chapter of bankruptcy is right for you will depend on a number of factors (that are specific to your particular situation). But this is why we offer a free consultation! This meeting will allow us to figure out the right chapter for you, answer all of your questions, describe your full range of options, and get you back on the road to financial freedom!

The affordable St. Louis bankruptcy attorneys at The Bankruptcy Company have been saving and protecting people’s assets for years. Our goal is to make sure that you keep the assets and property you want, discharge the debts that you want to get rid of, and do it all at an affordable cost to you. All phone conversations and office consultations are free of charge.