St. Louis, MO Bankruptcy Lawyers

logoSherk & Swope, LLC, 314-781-3400
1620 S. Hanley Road, St. Louis, MO, 63144 US
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Missouri Bankruptcy Laws

Debtors in Missouri who are hopelessly burdened with debt and bills they will never be able to repay have the right to get a fresh financial start by eliminating their debts through bankruptcy.

The bankruptcy laws can be complex, but you can work with a MO bankruptcy attorney to learn more about your rights and options available for fighting your debts, including alternatives that even include not filing bankruptcy.

MO bankruptcy laws are provided to give people a second chance and fresh start.

Our Missouri bankruptcy lawyers can answer your questions and address any concerns you have about filing bankruptcy so you can feel comfortable about making the decision about whether bankruptcy is right for you.

In Missouri you can file chapter 7 or chapter 13 bankruptcy, and a bankruptcy lawyer can explain the differences between the two chapters of bankruptcy.

MO chapter 13 is a reorganization bankruptcy and is intended for those debtors with dispensable income and property not covered by the MO bankruptcy exemptions.

Chapter 7 is more common in Missouri and is a liquidation bankruptcy since debtors must turn over their non-exempt property when filing chapter 7 bankruptcy. Chapter 7 is for debtors with little or no income and little to no assets.

You can find out how bankruptcy can help you by scheduling a free bankruptcy evaluation by filling out our case review form.

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