St. Louis Chapter 13 Bankruptcy Lawyer

St. Louis County Debt Repayment Lawyer

For many people, difficult debt seems like something that they can get through eventually if they just work hard enough and make smart decisions with their money. This, unfortunately, is not always the case. Sometimes, no matter how hard you work or how smart you are with your financial decisions, the cards may just be stacked against you. Many people do not realize the magnitude of the debt situation that they are in until an asset like their home is threatened with foreclosure or their car is on the verge of repossession.

At the Law Offices of Steven K. Brown, our St. Louis Chapter 13 bankruptcy attorney has over 35 years of bankruptcy experience that can help you begin to work toward the true debt relief you need. Let us explain to you how we will utilize our skill and experience to help you craft a plan that will achieve your goals for bankruptcy.

Reorganize Your Debt Today for a Better Tomorrow

Whether a Chapter 13 bankruptcy is for a consumer or business debtor, a common element is the reorganization of debt. The debt is reorganized and paid over a three to five year repayment plan. The percentage of the unsecured debt that ais repaid is sometimes very low or even zero. Fight Foreclosure, Car Repossession and Wage Garnishments

Chapter 13 bankruptcy is especially effective at making secured debts more manageable. Secured debts may be reorganized. Mortgage arrearages may be paid off over a designated repayment period; auto loan balances may be paid over the life of a 3-5 year plan at the bankruptcy court's interest rate which may be lower than what is called for in the car loan contract; some car loans may be reduced to the fair market value of the car and paid at the reduced amount over time in a Chapter 13 case where the debtor has owned the vehicle for 910 days or more. Sometimes, collateral may be surrendered to the creditor to minimize or eliminate the underlying debt.

Are You Facing Foreclosure or Repossession?

If you are facing a financial emergency such as the foreclosure of your home or the repossession of a vehicle, we can undertake emergency filings that can help put a stop to those activities. Even in situations with very short notice, we may be able to take action that will put a stop to these extreme collections actions.

Chapter 13 Business Bankruptcy

For small business owners who are looking for ways to deal with their business debt while continuing to operate their business, Chapter 13 bankruptcy can offer a number of advantages, including being able to maintain greater control of the business than through Chapter 11 bankruptcy while avoiding the expense and need for creditor approval of a proposed repayment plan in Chapter 11.

Contact Us

For bankruptcy representation that will put you or your business first and help you get the most benefit you possibly can from the Chapter 13 bankruptcy process, call 314-732-0476, toll free at 888-894-8810 or simply contact us online to schedule your free initial consultation with our Missouri bankruptcy lawyer.

DISCLAIMER:

We are a Debt Relief Agency under the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 as defined in 11 U.S.C.S. § 101(12A) of the Bankruptcy Code.
This site and any information contained herein are intended for informational purposes only and should not be construed as legal advice. Seek competent counsel for advice on any legal matter.