Chapter 7 Bankruptcy Lawyer in Kirkwood
Are you struggling to make ends meet? Is it more than just once or twice a year that you’re struggling? If you are finding yourself in a financial situation you can’t see the end; it may be time to contact a chapter 7 bankruptcy lawyer in Kirkwood. Here at Teague & Associates, LLC, we provide legal representation for our clients who are struggling financially. We understand that it may be due to no fault of your own that you’re facing this situation. We also know that sometimes poor decisions can lead you to where you are right now. Whatever the situation is, we are here to help you find relief from this stress and get back on a path to stability. Our firm also wants you to realize a few things about filing that you may not know. Take a look below at some tips to keep in mind.
Not A Quick Fix
Filing for bankruptcy is not a quick fix solution. It will take time to process the proceedings and to go through the case with the courts. There may be up to six months involved before everything is finished.
Doesn’t Clear All Debt
There are certain debt factors that do not get cleared when it comes to filing bankruptcy. Items such as court costs, child support, and alimony are just a few items that this will not make go away. You need to be prepared that you will still owe these after the fact.
May Lose Some Property
When filing bankruptcy, there are some things that you might not have any longer once the process is complete. The courts take the property, sell it, and then they will use that to help repay what you owe.
While this is a good way for some to get on track, it isn’t always right for everyone. If you’re considering filing, talk to a chapter 7 bankruptcy lawyer in Kirkwood at our offices today. Contact us at (314) 899-4499 to set up your consultation.