Filing For Bankruptcy in St. Charles County MO

St. Charles County MO is one of the biggest areas in all of the state of Missouri. This is true in terms of land mass and population. But it is also an area in which many people are dealing with financial hardship. Whether it is collection agencies, overdue bills, wage garnishments, or bank levies, a St Charles bankruptcy can help you tremendously!

The two main options in the world of bankruptcy are: Chapter 7 and Chapter 13. There are actually many similarities between the two chapters. For instance, both put a complete stop to any and all creditor activity as soon as the case is filed (no more letters, no more phone calls, no more threats of legal action). And both chapters will give you a “fresh start / clean slate” so that you can move forward with life (and rebuild you financial standing).

But there are also a great many differences (and this is where the discussion becomes important). For example, a St Charles MO Chapter 7 is described as a discharge of your unsecured debts (things like credit cards, medical bills, and payday loans are knocked out forever). A Ch13 is a repayment plan over the course of three to five years during which certain debts are paid back (things like overdue mortgage payments, car loans, recent tax debt, and back child support).

So which chapter is right for you? Which one will help you the most? To answer these questions, we offer a free consultation. This will allow us to answer all your questions, fully describe your range of options, and get you back on your financial feet!

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.