Chapter 13 Bankruptcy: A Repayment Plan
If you have regular income but are still struggling with too much debt, the Chapter 13 Bankruptcy laws may provide the relief that you need.
Many times, people who have a good-paying job think they can’t file for bankruptcy. This is simply not true. It’s not uncommon for even doctors, lawyers, and business professionals to file for bankruptcy relief to restructure their debt.
I offer experienced Chapter 13 bankruptcy representation for St. Louis area consumers. I will explain the bankruptcy process and help you get the fresh financial start that you need.
Is Chapter 13 Bankruptcy the Best Option?
Unmanageable debt can leave you feeling like there’s nowhere to turn. Some of my clients come to me worried about how to make ends meet and support their families. Others are fed up with creditor harassment or worried sick about losing their home. Your lawyer needs to understand your concerns and offer the right solutions.
I will never push you towards filing for bankruptcy. It’s only useful if it can help relieve your worries and fix your debt problems. For many of my clients, Chapter 13 Bankruptcy offers the help that they need by:
- Stopping creditor collection actions like harassing phone calls and wage garnishments;
- Allowing you to catch up on important bills like home mortgage or car payments over time; and
- Letting you make voluntary, affordable payments to repay debt over time without liquidating assets.
Filing for personal bankruptcy is an important decision, and it is critical that you make sure your attorney has your best interests at heart. I view each of my clients as individuals, and I will always personalize my representation to meet your needs.
The Chapter 13 Bankruptcy Process
I will work with you directly and throughout the entire process to answer your questions and ease your concerns:
- During your initial consultation, I will explain the Chapter 13 process and provide answers to your questions.
- After receiving your information, I will analyze your case and prepare the bankruptcy petition, proposed payment plan and other required documents for your review and signature.
- Once these documents have been finalized and signed, I will file them with the Bankruptcy Court.
- You must complete a pre-petition credit counseling briefing and a post-petition financial management course.
- I will attend the required 341 Meeting of Creditors with you.
- I will also attend the Chapter 13 Bankruptcy Plan Confirmation hearing.
- You must make a monthly payment to the bankruptcy trustee for three to five years.
- Any remaining dischargeable debts will be discharged at the end of your payment plan.
You don’t have to struggle with debt alone. Call me, Attorney Nancy Martin, today at (314)721-2525 or contact us online to schedule your free initial 30-minute consultation. The law office is located at 150 North Meramec Avenue, Suite 400, St. Louis, Missouri 63105.
I live and work in the St. Louis Metropolitan area and I’m dedicated to helping my community with their legal problems. I help residents in the areas of St. Louis, St. Charles, Chesterfield, Ballwin, Creve Coeur, Maryland Heights, Ladue, Manchester, Kirkwood, Webster Groves, Wildwood, Bridgeton, Fenton, Eureka, Ellisville, Des Peres, Clarkson Valley, O’Fallon, St. Peters, Clayton, Olivette, Warrenton, Florissant, Hazelwood, and Frontenac. This includes the municipalities within St. Louis County, St. Louis City, St. Charles County, Jefferson County, Franklin County, Warren County and Lincoln County.