Chapter 7 Bankruptcy in Hazelwood

Chapter 7 Bankruptcy in Hazelwood

If you are dealing with a mountain of unsecured debt and are unsure how to pay it, you may need to consider filing chapter 7 bankruptcy in Hazelwood. Our firm here at Teague & Associates knows what it is like to be overwhelmed by your debt. Our associates understand that you may have made some poor choices or be facing these issues due to no fault of your own. You could be dealing with a layoff from your job, medical issues that brought about a lot of cost, or a divorce. Whatever the reason might be, we are here to help you.

What Does Chapter 7 Cover?

A lot of what chapter 7 will cover is your unsecured debt. Unsecured debt includes items such as credit cards, some medical bills, and certain personal loans you may have. While it may cover these items, your company can dispute it. For example, your credit card company may dispute certain things on your card, and you’d still need to pay those.

What Does Chapter 7 Not Cover?

There are several aspects of your debt that you will not have covered under this type of bankruptcy filing. Those include items such as court costs on a case, alimony or child support, student loans, and back taxes that you may owe. These items will still have to be paid by you after the others are fully cleared.

Filing a chapter 7 bankruptcy in Hazelwood can help you alleviate stress, debt, and hassle. It is best that you work with a firm such as ours that understands your needs. Contact us today at (314) 899-4499 to set up an appointment. We can assist you in getting back on the road to financial stability and success.

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