CHAPTER 13 BANKRUPTCY LAWYER IN ST. LOUIS, MO
The Law Office of Marie Guerrier Allen is passionate about helping people obtain financial relief from their overwhelming debt. Our trusted Chapter 13 bankruptcy lawyer will determine whether you are qualified to file for Chapter 13, how the law applies to your specific situation, and how this type of bankruptcy will affect your lifestyle. Contact Marie Guerrier Allen, to schedule a free consultation.
Chapter 13 Bankruptcy Overview
Chapter 13 bankruptcy is often called a “wage earner’s plan” because you will be required to make payments over a 3 to 5-year period before receiving a discharge. It is quite different from Chapter 7 bankruptcy in that Chapter 13 uses your income to pay some or all of your debt to creditors over time.
A CHAPTER 13 BANKRUPTCY IS TYPICALLY USED IN THE FOLLOWING SITUATIONS:
- Prevent Foreclosure Actions
- Prevent Repossession Action
- Taxation Levy Actions (You Owe Taxes That Were Assessed in the Past Few Years)
- You Have Filed a Chapter 7 Bankruptcy in the Last 8 Years and Do not qualify to File Another Chapter 7
- You Own a Significant Amount of Property or Earn a Substantial Amount of Money
- You need time to pay your debt, but you do not want to file a chapter 7