St. Louis BANKRUPTCY ATTORNEY
St. Louis County, MO
If you’re trying to find a lawyer to assist you with bankruptcy in St. Louis, then you can rest easy knowing that one of our Hoglund Law attorneys have your back in US Bankruptcy Code. Offering free consultations, home visits, and zero dollar down bankruptcy assistance, we make what can be a stressful time a little easier by supporting you in every way possible. Come in today to experience the financial and mental relief that over 30,000 clients have also experienced.
Chapter 7 Bankruptcy discharges unsecured, credit card, and medical bill debt through the liquidation of assets. While this may sound scary, most clients indeed retain all property at the end of proceedings and the financial burden lifted after discharge is enough to propel them into a freer future. So, if your debt amounts to over 50 percent of your annual income, and you find yourself facing the dark shadows of financial instability, then it is possible that a Chapter 7 bankruptcy is the right step forward for you to discover the freedom you need.
Chapter 7 bankruptcy isn’t for everyone, however. It does not discharge all debt, child support, and criminal fines, for example, and not everyone qualified. The first step is determining whether it is right for you by attending a free 30-45 minute consultation.
Chapter 13 Bankruptcy filers either have recently filed a chapter 7 bankruptcy and need to discharge more debt or are attempting to protect non-exempt assets that would otherwise be liquidated. A three to five-year plan, Chapter 13 Bankruptcies involve making payments on the debt owed with the added protection of the bankruptcy court and knowledge that, upon completion of the plan, remaining qualified debt will be discharged.
Because of the impact on your credit report and the required qualifications for filer, it is strongly encouraged that before proceeding you consult with an experienced attorney capable of explaining bankruptcy basics to you and coming up with a solution that best fits your path. At Hoglund Law we offer free consultations doing just that—making the only thing standing between you and a sure path forward a matter of stepping through the door.
Debt Settlement is a process by which—rather than having the debt discharged—a client negotiates with creditors and agrees to pay a reduced amount of the debt owed. The creditor, in turn, can rest assured knowing that they will receive something rather than facing the fear that the aforementioned client file for bankruptcy.
Not all creditors are eager to negotiate, and often, clients represented by attorneys are more able to draw creditors to the negotiating table. With an experienced bankruptcy attorney familiar with these negotiations—such as those found at the St. Louis Hoglund Law office—in your corner, creditors are further reminded of the potential of their client for filing for bankruptcy and are usually more willing to bargain down.
To find out if Debt settlement is the right option for you, you should meet with an experienced attorney who can walk you through the steps to becoming financially free.