Filing For Bankruptcy in Chesterfield MO

When you reach the point where you are unable to make your monthly payments to your creditors, then it is probably time to start considering a St Louis bankruptcy. Why? Because once your debts begin to outstrip your household income, then you have to make very difficult choices (that no one should have to make)!

For instance, if your credit card companies are wanting hundreds of dollars each month in minimum payments, but you also have to put food on the table so that you family can eat, I don’t know a single person who will choose to pay a creditor. Most folks will obviously purchase food items so that their children will survive.

Of course, when you try to explain that set of circumstances, they will show very little sympathy. Instead, they will very likely hound you over and over (with a ridiculous number of calls all day and night), asking you for money you do not have. Eventually, the debt will get turned over to a collection agency.

And then ultimately, the creditor will sue you in state court for breach of contract. Once they receive a judgment from the court on this matter (and believe me, they will), the creditor can then begin a wage garnishment or a bank levy.

So how do you avoid all of this negativity; One thing to consider is a St Louis bankruptcy. For example, a Chapter 7 will discharge all of your unsecured debt (like credit cards, medical bills, payday loan, etc.). Or a Chapter 13 will set you up with a repayment plan over the course of three to five years (during which certain debts are paid back, spread out over a period of time, instead of one lump sum, so that you actually have a chance to successfully pay things back).

The first step, however, is to give us a call!! We offer a free initial consultation. This will give us a chance to describe your full range of options, answer all your questions, 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.

Call us at St. Louis Office (314) 932-1067 or contact us through our website The Bankruptcy Company to set up your free consultation with our experienced St. Louis bankruptcy attorneys.