Filing For Bankruptcy in Maryland Heights MO

If you are swimming in debt, and there doesn’t seem to be a light at the end of the tunnel… Or if your creditors are calling you day and night, and sending nasty, threatening letters… Or if your wages are currently being garnished… Then it is probably time you look into a St Louis bankruptcy!

The two main chapters that are available in the St Louis area: Chapter 7 and Chapter 13. In a Ch7, the court permanently knocks out all of your unsecured debts. Things like credit cards, medical bills, payday loans, signature loans, old utility bills, overdrawn bank accounts, etc. These debts are literally wiped clean (almost as if they never existed). This will put you in a perfect position to rebuild (most especially your credit rating).

A St Louis Chapter 13 is described as a repayment plan over the course of three (3) to five (5) years during which certain debts are paid back. This would include things like car loans (but usually at a much lower interest rate), past due mortgage payments, recent tax debt, and back child support. The monthly payment you make to the bankruptcy Trustee each month is designed as a way in which to make your current situation much more manageable.

Either way, a St Louis bankruptcy will stop all creditor activity completely! Whether you are receiving constant demands from creditors (in the form of letters and phone calls), or your wages are currently being garnished, or your bank accounts are frozen, or there is a pending lawsuit against you – all of it comes to a complete and total halt upon the filing of the bankruptcy!

All you need to do is give us a call! We will answer all your questions, describe your full range of options, and get you back on the road towards financial freedom! And it all starts with a free consultation.

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.