BANKRUPTCY FILINGS IN ST LOUIS, MO

Trust Marie Guerrier Allen to guide you through the process of bankruptcy filings in St. Louis, MO. Here are some of the things you should be aware of before filing for Chapter 7 or Chapter 13 bankruptcy.

Filing Chapter 7 Bankruptcy

The new bankruptcy laws created in 2005 made specific guidelines and criteria for a successful Chapter 7 bankruptcy. If you do not meet the chapter 7 bankruptcy guidelines and requirements, you may still be able to benefit from the relief provided under Chapter 13 bankruptcy.

An experienced bankruptcy attorney can help you determine the right option for your specific financial situation and goals, in the light of the current eligibility restrictions. Some restrictions that could prevent you from filing a Chapter 7 include: 

• Previous Chapter 7 Discharge in the immediate 8 years.
• Previous Bankruptcy Dismissed within the past 180 days for failing to follow a court order, abusing the bankruptcy system, or voluntarily dismissing a case after a creditor requested relief from the automatic stay.

Even if you are not eligible to file a Chapter 7, you may still be able to file for Chapter 13 bankruptcy and benefit the protections afforded by the bankruptcy laws.

Filing Chapter 13 Bankruptcy

As part of the bankruptcy process, Chapter 13 bankruptcy requires you to use your disposable income to repay some or all of your debts. The guidance of a knowledgeable and experienced chapter 13 bankruptcy attorney will prove invaluable to your success. Contact Marie Guerrier Allen, to schedule a free consultation. Your Chapter 13 plan is individualized to your specific situation.

Get in Touch To Learn More

Bankruptcy lawyer Marie Guerrier Allen, JD, LLM, MBA, will determine how the law applies to your specific situation. To schedule a consultation, please contact us today.