Bankruptcy
Protection
Center, P.C.
(A Missouri Professional Corporation)
- What is Bankruptcy?
- How Much Does It Cost to File for Bankruptcy?
- Do You Offer Flexible Payment Options?
- Do I Qualify for Bankruptcy?
- What Debts Are Dischargeable in Chapter 7 Bankruptcy?
- When Can I Qualify for Credit Again?
- I'm Considering Bankruptcy, What Do I Do Next?
- How Long Does the Process Take?
- Do I Have to Go to Court?
- Why Can't I Do this Myself?
FAQ
What is Bankruptcy?
Bankruptcy is a legal process designed to eliminate most or all debt and give you a fresh start financially. There are many different types of bankruptcy -- such as Chapter 7 and Chapter 13 -- and each addresses different situations. An attorney can help you determine the type for which you qualify and would best meet your goals.
About 90% of consumers that have unsecured debt file for Chapter 7 bankruptcy, also known as liquidation. Chapter 13 bankruptcy, sometimes called reorganization, is used in more limited circumstances such as if you have significant secured assets, such as a home or car, for which you are behind in payment or if your income level is too high to qualify for Chapter 7.
Bankruptcy is a legal process designed to eliminate most or all debt and give you a fresh start financially. There are many different types of bankruptcy -- such as Chapter 7 and Chapter 13 -- and each addresses different situations. An attorney can help you determine the type for which you qualify and would best meet your goals.
About 90% of consumers that have unsecured debt file for Chapter 7 bankruptcy, also known as liquidation. Chapter 13 bankruptcy, sometimes called reorganization, is used in more limited circumstances such as if you have significant secured assets, such as a home or car, for which you are behind in payment or if your income level is too high to qualify for Chapter 7.
How Much Does It Cost to File for Bankruptcy?
Bankruptcy does not need to be out of your financial reach. At the Bankruptcy Protection Center, P.C., we offer affordable rates.
It is important to note that while some firms charge a lower price upfront, they often fail to disclose all the fees they will add later. At our office, you know exactly what you're going to pay from the beginning.
Bankruptcy does not need to be out of your financial reach. At the Bankruptcy Protection Center, P.C., we offer affordable rates.
It is important to note that while some firms charge a lower price upfront, they often fail to disclose all the fees they will add later. At our office, you know exactly what you're going to pay from the beginning.
Do You Offer Flexible Payment Options?
Yes. We work with clients to create flexible payment arrangements, including payment plans.
Yes. We work with clients to create flexible payment arrangements, including payment plans.
Do I Qualify for Bankruptcy?
The vast majority of people qualify for bankruptcy under Chapter 7. During your free initial consultation, we will gather information about your financial situation, including your assets, debts and information about your creditors. If you make more money than most people, the Bankruptcy Protection Center, P.C. can help you understand your options during your free initial consultation.
The vast majority of people qualify for bankruptcy under Chapter 7. During your free initial consultation, we will gather information about your financial situation, including your assets, debts and information about your creditors. If you make more money than most people, the Bankruptcy Protection Center, P.C. can help you understand your options during your free initial consultation.
What Debts Are Dischargeable in Chapter 7 Bankruptcy?
Almost all debts are dischargeable in Chapter 7 bankruptcy. However, there are four major exceptions: taxes, child support and spousal support/alimony, student loans and court fines
Almost all debts are dischargeable in Chapter 7 bankruptcy. However, there are four major exceptions: taxes, child support and spousal support/alimony, student loans and court fines
When Can I Qualify for Credit Again?
After your debts are discharged, it will take about four to six months to being rebuilding your credit again. Generally, it will take longer than four to six months before you qualify for a house or car. Rebuilding credit is a gradual process, with most individuals rebuilding goes at a rate of about 15 points per month.
After your debts are discharged, it will take about four to six months to being rebuilding your credit again. Generally, it will take longer than four to six months before you qualify for a house or car. Rebuilding credit is a gradual process, with most individuals rebuilding goes at a rate of about 15 points per month.
I'm Considering Bankruptcy, What Do I Do Next?
If you are thinking about bankruptcy contact us for a free initial consultation.
If you are thinking about bankruptcy contact us for a free initial consultation.
How Long Does the Process Take?
From filing to discharge, Chapter 7 bankruptcy cases usually take about 90 days. However, as soon as we file, you will begin receiving the benefits of bankruptcy. All creditor collection activity, including harassing calls and letters, garnishment and lawsuits, must stop and any creditor contact must be directed to your attorney.
From filing to discharge, Chapter 7 bankruptcy cases usually take about 90 days. However, as soon as we file, you will begin receiving the benefits of bankruptcy. All creditor collection activity, including harassing calls and letters, garnishment and lawsuits, must stop and any creditor contact must be directed to your attorney.
Do I Have to Go to Court?
The only appearance you need to make at court is at the trustee's meeting. The trustee's meeting is at the courthouse in an informal setting, and an attorney from the Bankruptcy Protection Center, P.C. will be there with you. Other than that meeting, most clients do not need to make another appearance.
The only appearance you need to make at court is at the trustee's meeting. The trustee's meeting is at the courthouse in an informal setting, and an attorney from the Bankruptcy Protection Center, P.C. will be there with you. Other than that meeting, most clients do not need to make another appearance.
Why Can't I Do this Myself?
Bankruptcy is a complicated area of law. We have helped hundreds of clients through the bankruptcy process. We know what questions to ask, and we are able to anticipate concerns and identify issues you do not even realize.
Our experience lets us inform you about the pros and cons so you can make the best decisions for your situation. To schedule your free consultation with an attorney at the Bankruptcy Protection Center, P.C. please contact us at (816) 350-9555.
Bankruptcy is a complicated area of law. We have helped hundreds of clients through the bankruptcy process. We know what questions to ask, and we are able to anticipate concerns and identify issues you do not even realize.
Our experience lets us inform you about the pros and cons so you can make the best decisions for your situation. To schedule your free consultation with an attorney at the Bankruptcy Protection Center, P.C. please contact us at (816) 350-9555.
