Filing Bankruptcy

Bankruptcy Lawyers in St. Charles County

No one should have to live with the stress that creditor harassment, wage garnishment and home foreclosure can cause. Most people with serious debt problems qualify for relief by filing for bankruptcy. At the law firm of Ellinger & Associates in O'Fallon, Missouri, our lawyers offer a free initial consultation to discuss your financial situation and your options.

Our attorneys help individuals and businesses file Chapter 7, Chapter 13 or Chapter 11 bankruptcy. We file more bankruptcy cases in St. Charles County than any other law firm. Let our bankruptcy lawyers solve your debt problems.

What Is Chapter 7 Bankruptcy?

Chapter 7 is the simplest form of bankruptcy. If you are eligible, this type of bankruptcy eliminates unsecured debts such as credit card bills, hospital bills and payday loans. It also allows you to keep many of your personal possessions that are considered exempt by state and federal bankruptcy laws. In Missouri, you can keep up to $16,000 in equity in your home. However, you could lose certain assets that are not exempt.

To file Chapter 7 bankruptcy, you must first pass an income or means test. If you are not eligible to file Chapter 7 bankruptcy, our lawyers can help you file Chapter 13 bankruptcy.

What Is Chapter 13 Bankruptcy?

Chapter 13 bankruptcy is a debt repayment plan for individuals. Over a period of three to five years, you must pay back 100 percent of secured debts such as your home. However, you may only be required to pay a small percentage of unsecured debts such as credit card bills.

Chapter 13 bankruptcy is a good option if you are behind on your house payments and facing foreclosure. Past-due child support can also be placed in a Chapter 13 bankruptcy plan.

What Is Chapter 11 Bankruptcy?

Chapter 11 bankruptcy is a debt repayment plan for businesses. It gives your company breathing room to negotiate with creditors and reorganize debt while continuing to operate your business.

Free Attorney Consultation

To discuss your bankruptcy options with one of our lawyers, call 888-525-7237 toll free or fill out the contact form on this site. From our offices in St. Louis and O'Fallon, we serve clients throughout the St. Louis metropolitan area, including St. Louis County, St. Charles County and other communities west of the Missouri River.

We are a debt relief agency. Our lawyers help people file for bankruptcy relief under the U.S. Bankruptcy Code.