Relief with a Chapter 13 Bankruptcy Attorney in FlorissantComments Off on Relief with a Chapter 13 Bankruptcy Attorney in Florissant
As the financial pressures of everyday life begin to take their toll on any individual, it is easy to get the stress glands going into overdrive. Wondering how to make ends meet when there is too much month left at the end of a paycheck is very stressful. There are a number of reasons or a combination of reasons a person can fall behind in their bills. The accumulation of credit card debt, mortgage payments, car loans, student debt and daily living expenses, it is very easy for things to get out of hand quite quickly. In many cases, trying to explain to these creditors if there is a legitimate reason for falling behind is of no interest to them. If this situation sounds all to familiar and options are not readily available, there may be some relief with a chapter 13 bankruptcy attorney in Florissant.
It is important that the task of a chapter 13 bankruptcy attorney is not to have a person absolved from paying their debts. It is typically just a consolidation of all debts, lowering what is paid out into a manageable amount. A chapter 13 bankruptcy also often results in the elimination of accumulated interest. This in itself can lower payments to a manageable amount. As it is part of the Federal Bankruptcy Code, once filed, a stop is placed on any type of collection action allowing the individual and attorney to work out an amicable solution for all.
If it appears to be getting increasingly difficult to keep up with monthly payments, consolidation bankruptcy may be the solution. To find relief with a chapter 13 bankruptcy attorney in Florissant,give us a call at Teague & Associates at (314)899-4499. Your first stop to financial health.