Filing for bankruptcy is never an easy decision, but for many it is the only way out of mounting debt brought on by unforeseen circumstances. Unexpected medical emergencies, job loss, or divorce can lead to a person needing to find relief from creditors looking to collect on the unpaid debt. Those considering Bankruptcy St. Charles MO can benefit from seeking a lawyer to help start the process of stopping garnishments, liens, and harassing creditor phone calls.
Debt can cause unneeded stress, and take a toll on a person’s emotional well-being. Making the decision to file bankruptcy can ease the emotional and financial burden a person faces and consulting with a knowledgeable attorney can give people a better idea if filing bankruptcy is right for them. Customers based on the amount of debt they owe have can qualify for either Chapter 7 or Chapter 13 bankruptcy. Chapter 7 is the complete elimination of all unsecured debts under the federal bankruptcy guidelines while Chapter 13 is a structured repayment plan that gives customers lower payments to help pay off the debt over a five-year period. A Bankruptcy St. Charles MO lawyer can immediately put an automatic stay in place to stop any creditor from calling to collect on a debt; it can also put a halt to legal actions for garnishments or liens through the courts. The lawyer can then begin to file paperwork to protect certain assets such as homes and vehicles from being considered in the discharge. They will go over all debt a person(s) have to make sure that everything is documented properly for the bankruptcy courts. Once this is done, they file the documents with both the courts and the creditors notifying them of the intent to file. When it is time to appear in court, they will represent their clients and answer the reasons why bankruptcy is necessary.
The Law Offices of Steven K. Brown offer consultations for those who are considering bankruptcy in St. Charles, MO, and surrounding areas. They believe in helping their clients the fresh start they deserve, by explaining all the available options. Their legal team can perform emergency filings to stop repossessions, foreclosures, and garnishments to protect customers assets.
