3 Ways a Chapter 13 Bankruptcy Lawyer in O’Fallon Can Help YouComments Off on 3 Ways a Chapter 13 Bankruptcy Lawyer in O’Fallon Can Help You
No one likes to admit that they are having financial problems or possibly facing bankruptcy. These types of issues are scary and maybe even a little embarrassing. The fact is individuals and families struggle with finances from time to time for different reasons. However, the end result is usually the same: filing for bankruptcy. But filing for bankruptcy isn’t something you have to face alone. Read on to learn how a Chapter 13 bankruptcy lawyer in O’Fallon can help.
What is Chapter 13 Bankruptcy?
Chapter 13 bankruptcy enables individuals who have – or used to have – a regular income to develop a repayment plan to repay all or a portion of their debts. These repayment plans are typically scheduled over a period of three to five years.
In some cases, individuals who file for Chapter 13 bankruptcy might be able to retain their assets, such as their homes, properties, or vehicles. Speak with a Chapter 13 bankruptcy lawyer in O’Fallon to see if Chapter 13 bankruptcy is right for you.
Additionally, an experienced, trustworthy, and reputable chapter 13 bankruptcy lawyer in O’Fallon can help individuals and families with the following:
- File the necessary paperwork with the court system pertaining to bankruptcy
- Represent you in court hearings and legal proceedings, as necessary
- Provide legal advice regarding how to proceed with bankruptcy and which type of bankruptcy is right for you and your family
At Teague & Associates, we have years of experience working with and representing individuals and families who need help getting out of financial jams by filing for bankruptcy. Although filing for bankruptcy has a negative stigma attached to it, our legal team is here to educate clients on bankruptcy, and how it just might be the light at the end of the tunnel towards financial freedom.
To learn more about how a bankruptcy attorney can help you with your case, contact the legal team at Teague & Associates today by calling us at (314)899-4499. Call us to learn more about a Chapter 13 bankruptcy lawyer in O’Fallon.