St. Peters BANKRUPTCY ATTORNEY
St. Charles County, MO
New to Missouri, Hoglund Law is a multi-state firm that has assisted over 30,000 clients across the country achieve the fresh financial start that they require. Dealing in Chapter 7 & 13 Bankruptcy; as well as debt settlement cases, our bankruptcy attorneys are fully equipped to assist you in acquiring debt relief through their use of the bankruptcy code. With free consultations, and zero dollar down bankruptcy assistance, consulting a Hoglund Law Attorney is an easy first step in freeing the shackles of debt from your wrists once and for all.
Filing a Chapter 7 Bankruptcy can rid you, once and for all, of your pesky credit card and unsecured debts which have gotten in the way of you achieving the financially free future you’ve struggled for. Our experienced attorneys are here to assist you in all the bankruptcy proceedings that arise and answer any questions you may have regarding the discharge of your debt.
Not all debts are discharged with bankruptcy, however. Child support and student loans must still be paid, along with any criminal fines you may owe. While you will still be required to pay for some of those debts that do not qualify, Chapter 7 Bankruptcy can still be a huge asset in obtaining financial security. To find out if Chapter 7 can work for you; it is important to consult a qualified bankruptcy lawyer like the ones found in our St. Peters office.
Filing for Chapter 13 Bankruptcy means signing onto a three to a five-year payment plan in which you pay off your debt and protect your non-exempt assets. Unlike Chapter 7 Bankruptcy filings, the debt you have isn’t discharged, though the remaining, qualified debt at the completion of your payment plan will be. The filing itself appears on your credit report and will affect your credit score—though many of our clients find it preferable to the financial situation they were in before filing.
Because of the consequences and benefits of filing a Chapter 13, it is crucial that you consult an attorney before going forward with bankruptcy proceedings. A qualified and experienced attorney, such as the ones you will find in our St. Peters office, can help you understand exactly how a bankruptcy can and can’t work for you.
Debt Settlement is a solution for our clients who either do not qualify for bankruptcy or are looking for an alternative path to getting out of debt. Essentially, debt settlement involves legally agreeing to pay a reduced amount to the creditors you owe.
A debt settlement also appears on your credit report, but it has a far weaker impact on your credit score and is a sign to creditors that you took responsibility for the debts you took on. With a bankruptcy attorney representing you, creditors will be reminded that should they not agree to a lower payment and should you file for bankruptcy, they will receive nothing for their trouble.
It’s a simple negotiation from there. To find out if debt settlement is the right choice for you; it’s important to consult an attorney. We offer free 30-45 minute consultations from which you will gain a better understanding of whether debt settlement is right for you.