Filing For Bankruptcy in Warson Woods MO

There are times when your debt levels can get out of control. And then there are times when your creditors and collection agencies are so aggressive in their collection activity that the feelings of stress can be overwhelming! It can quite literally feel as if you are trapped!

So the question becomes: what are you supposed to do??

One option is to simply make as many monthly payments on the debt as you can in an attempt to pay things off. But this could take several decades, because the vast majority of your monthly payments go towards interest as opposed to principal.

The next best option is a St Louis bankruptcy. When you file for bankruptcy in the St Louis area, you are going to do a Chapter 7 (which is a complete discharge of your unsecured debts), or a Chapter 13 (which is described as a repayment plan over the course of three to five years).

Now the question becomes: which chapter is the right one for you?

To answer this question, we offer a free consultation. This consult will give us an opportunity to assess your particular situation and determine which chapter makes the most sense. Because there are pros and cons to both chapters of bankruptcy, and hopefully after a thorough discussion at the consultation (at which time we will answer all your questions, and fully describe your range of options), we will have a much better idea of what is best for you.

So please do get in touch with us as soon as possible! You can either give us a call, shoot us a text, send us an email, or fill out an online form!

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.