Outstanding Bankruptcy Attorney Assist You Through Chapter 13 in Missouri
Helping clients in St. Charles, St. Peters & O’ Fallon and surrounding areas get debt relief
If you own a house, a car or other significant assets but are struggling to keep up with payments, Chapter 13 Bankruptcy offers you the opportunity to restructure and possibly reduce your debt. With more than 23 years of experience filing bankruptcies throughout Missouri, Serall Chezem knows Chapter 13 Bankruptcy. She may be able to help you eliminate your debt — and keep your hard-earned property in the process — through the protections of Chapter 13 Bankruptcy.
The benefits of Chapter 13 Bankruptcy
Chapter 13 Bankruptcy is designed for people who have the means to pay back their creditors, including the IRS, but need some time to do so. Like Chapter 7 Bankruptcy, Chapter 13 is for individuals and families. The advantage compared to Chapter 7 is that you can keep all your property even if you are behind on your payments, i.e. your home and car. Under Chapter 13, your debt is restructured into a manageable payment plan. And as long as you keep up with your payments, you will be able to keep your house, your car and other property.
Serall Chezem has extensive experience helping people understand the benefits and process of filing for Chapter 13 bankruptcy, including:
- Determining your eligibility, based on your income and debt level
- Filing a bankruptcy petition with full and complete disclosure of what you own, what you owe and anything owed to you
- Creating a debt adjustment and repayment plan to pay off debt, usually within three to five years
- Stopping foreclosures, repossessions and garnishments
- Getting your plan approved by a bankruptcy judge
Serall Chezem shows you how bankruptcy can provide relief and offer a welcome new beginning. Filing Chapter 13 in Missouri gives you the opportunity to keep most, if not all of your assets and get yourself back on track financially.
How Chapter 13 protects your assets
Once a bankruptcy petition is filed, your assets are protected by an automatic stay. This is a temporary action. But as long as you make the arranged payments, you may be able to keep everything you own. In addition your creditors can not contact or take any action against you without bankruptcy court permission.
Chapter 13 bankruptcy rules also allow Missouri business owners to pay or settle debts over a period of time while continuing to own and operate their businesses. No matter your situation, Serall Chezem’s comprehensive understanding of Missouri bankruptcy helps you determine your best course of action.
For a free information sheet regarding Chapter 7 Bankruptcy please contact me (or Alex should we put it online here)
Get a fresh start through Chapter 13 bankruptcy filing in Missouri with Serall Chezem
If you are in danger of losing your home or other valuable assets, I may be able to help. Let me guide you through the practical steps to reorganize your debt through bankruptcy. Call us at (314) 374-6715 or contact Serall Chezem Online today to schedule a free, private and confidential consultation