Whether it is St Louis Chapter 7 or a Chapter 13, a bankruptcy will put you in a much better position financially than you are currently dealing with!! This is especially true if your current circumstances include overwhelming unsecured debt (such as credit cards, medical bills, payday loans, etc.), or if your wages are being garnished, or your bank accounts have been frozen, or if you are being hounded day and night by collection agencies.
Only $300 Upfront Fees for a Moline Acres Mo Chapter 13For instance, a Chapter 7 is described as a discharge of all unsecured debt. In one fell swoop, all of that nastiness goes away for good!! No more endless calls, no more threatening letters, no more condescending comments from third-party collectors! And so long as your assets do not have a great deal of equity, you can keep your personal property (like cars, houses, and other household items).
A St Louis Chapter 13 is commonly referred to as a repayment plan over the course of three to five years. During this period, certain debts are paid back. This would include past due mortgage payments (so as to prevent a home foreclosure), car loans (but at a much lower interest rate), back child support, and recent tax debt. The plan payment is set up so that all the above mentioned debts are consolidated in an attempt to make your finances much more manageable than they might be currently.
Either way, the filing of a St Louis bankruptcy will dramatically improve your situation!! All you need to do is give us a call (or shoot us a text, send us an email, or fill out an online form). And we will get to work on your case right away!
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.