St. Louis Bankruptcy Lawyer

Bankruptcy Assistance For Downtown St. Louis

A Bankruptcy Law Firm, LLC is proud to serve the Gateway City in all bankruptcy law matters. For over a decade, our firm has helped thousands of clients file for bankruptcy relief. While there are several types of bankruptcy filings, our bankruptcy lawyers focus their efforts solely on Chapter 7 and Chapter 13 bankruptcies.  By exclusively handling consumer bankruptcies, we’ve been able to spend years perfecting our practice so that you get the best results in the shortest amount of time. We know the emotional stress that comes with financial difficulties and we understand you need a resolution as soon as possible. Through the bankruptcy process, we can help you:

1. Avoid Home Foreclosure
2. Stop Vehicle Repossession
3. End Creditor Harassment
4. Eliminate Credit Card Debt
5. Save Your Retirement Savings
6. Protect Your Possessions

Federal bankruptcy laws and the state of Missouri offers very forgiving bankruptcy laws which allows debtors to discharge most unsecured debts. Under Federal and Missouri law, individuals can be forgiven for medical expenses, credit card debt, civil lawsuit judgements, deficiency debt related to home foreclosures and car repossessions, payday loan debt, and more.

Filing A Chapter 7 Bankruptcy In St. Louis

Chapter 7 bankruptcies allow debtors to eliminate most unsecured debt with a few exceptions. Debts such as medical bills, credit card debt, and payday loans can all be discharged with a Chapter 7 bankruptcy. In many ways, filing for Chapter 7 bankruptcy is filing for a fresh start free from debt.

Of course, not everyone is eligible to file for a Chapter 7 bankruptcy. Debtors must pass the means test to be eligible to file for a Chapter 7 in St. Louis. If a debtor doesn’t pass the means test, they can still file for a Chapter 13 bankruptcy. The experienced Chapter 7 bankruptcy attorneys at A Bankruptcy Law Firm, LLC can help you determine if you qualify for a Chapter 7 bankruptcy and if it’s the best route for your financial situation. We offer free consultations to provide you with valuable legal and financial insights at no cost.

Filing A Chapter 13 Bankruptcy In St. Louis

Chapter 13 bankruptcies differ from Chapter 7 bankruptcies in that they are more of a debt restructuring as opposed to debt elimination. Some debt can still be discharged, but a large portion of the outstanding debt is worked into an affordable monthly repayment plan. Debtors usually end up paying pennies on the dollar for outstanding secured unsecured debt and receive various benefits for secured debts.

If you’re considering filing for a Chapter 13 bankruptcy in St. Louis, the Chapter 13 bankruptcy attorneys at A Bankruptcy Law Firm, LLC can help you determine if a Chapter 13 bankruptcy makes sense for your financial situation. Schedule a free consultation today to speak with one of our St. Louis bankruptcy lawyers at no cost.

Why Contact A Bankruptcy Law Firm?

An overwhelming amount of debt can create a sense of desperation that drives individuals to make bad financial decisions. Such decisions include:

1. Writing bad checks
2. Borrowing money from family and friends
3. Securing loans from payday loan companies
4. Liquidating retirement accounts to make bill payments
5. Taking out cash advances on credit cards
6. Unknowingly selling assets protected from creditors
7. Engaging in fraudulent/illegal activity

These reckless financial decisions will have long lasting consequences that could keep you from achieving financial stability for some time. By contacting an experienced St. Louis bankruptcy attorney, St. Louis residents can have their unique case reviewed with feedback on the best possible solution moving forward. The benefit of having A Bankruptcy Law Firm, LLC on your side, is the unparalleled knowledge that comes with our well-rounded legal team. Founding attorney, Michael J. Benson, is one of a handful of bankruptcy lawyers to have earned a CPA and Series 7 license on top of a license to practice law. Michael worked as a public accountant and certified investor for seven years before earning his law degree from the Saint Louis University School of Law. He brings his wealth of knowledge and experience in finance to the world of bankruptcy law. Michael can provide in-depth advice to help you repair and rebuild your finances as you begin to eliminate debt. Contact us today to schedule a free initial consultation.

St. Louis Debt Management Resources

Working your way into good financial shape is no easy task. Luckily, you don’t have to improve your financial situation alone and help may be closer than you’d think. There are a handful of local businesses and financial experts in the St. Louis area available to assist you.