Filing For Bankruptcy in Velda City MO

Do you have a good idea of how a St Louis bankruptcy can help you out of the financial troubles you are currently experiencing? Do you understand the difference between a Chapter 7 and a Chapter 13? Are you aware of how the Bankruptcy Trustee handles assets with a great deal of equity (and whether or not your assets would be at risk of liquidation)? Are you familiar with the benefits that come with hiring an experienced St Louis bankruptcy lawyer?

These are excellent questions to ask when you are dealing with massive amounts of debt. Because endless phone calls, threatening letters, and the ever-present shadow of a looming lawsuit will cause a great amount of stress in your life! And when life reaches this point, it is definitely time to do something about it!

We offer bankruptcy services here in the St Louis area. Our specialty is the filing of Ch7s and Ch13s. As you might expect, there is a big difference between the two chapters. But the end goal is always going to be the same: a “fresh start / clean slate” so that you can move forward and rebuild your financial standing.

For example, a Chapter 7 is described as a discharge of your unsecured debt. Things like credit cards, medical bills, payday loans, and overdrawn bank accounts are knocked out forever. A Chapter 13 is a repayment plan over the course of three (3) to five (5) years during which certain debts are paid back. This would include overdue mortgage payments, car loans, recent tax debt, and back child support. Either way, you will be in a far better position than what you have now!

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.