You Can Stop Judgment with a Bankruptcy Attorney in St. LouisComments Off on You Can Stop Judgment with a Bankruptcy Attorney in St. Louis
Economic difficulties can happen to anyone at any time. No one is immune to this issue, from the wealthiest to the poorest in our society. Job loss, medical issues, foreclosure and other complications are more common than you may think. If you are experiencing problems in meeting your financial obligations, there is help available to you. Seek advice and stop judgment with a bankruptcy attorney in St. Louis.
Creditors have a number of ways to collect money from you if a judgment is made against you. These include levies on your property, wage garnishment, assignment orders and more. There are ways to stave off these collections, however. A bankruptcy lawyer may help you:
- Bargain with the creditor who has a judgment against you. Many times an agreement for a reasonable payment offer will be accepted.
- Exempt certain types of your property from collection. These often include your home, wages, pension, vehicle, furniture, clothes and personal items.
- Claim that your debt is/was for basic necessities like clothing, food, rent/mortgage or utilities.
Your bankruptcy attorney will guide you through the process of an exemption hearing and make your case for the need of the money or items that have been claimed for judgment.
This type of situation is best handled by a professional who knows how to navigate the court system and is experienced with negotiation with creditors. Call Teague & Associates, LLC, at (314)899-4499 to stop judgment with a bankruptcy attorney in St. Louis. Protect your wages and assets with a skilled litigator.