Bankruptcy Clinic, LLC • Springfield, Missouri • Chapter 13 Bankruptcy Attorneys

Are your working hard and still can't make any headway on your debts? If you earn more than the state median income but are still unable to meet all of your financial commitments, there is relief available. Whether you have small business debts, medical bills, or high credit card balances or other unsecured debt, Chapter 13 bankruptcy offers you relief from the calls, garnishments, and repossession. By filing Chapter 13, you will automatically stop all debt collection and find immediate relief. Call (417) 8NO-DEBT to talk to a Springfield, Missouri, bankruptcy attorney at the Bankruptcy Clinic to find out what we can do for you.

Chapter 13 Can Give You a New Start! Call (417) 8NO-DEBT to Find Relief!

Is Chapter 13 Right for You?

The first thing we ask during our initial consultation is: what do you want to keep? This helps our bankruptcy attorneys determine which debt relief solution, either Chapter 7 bankruptcy or Chapter 13 bankruptcy, is right for you. For example, while Chapter 7 may discharge more debt, it may offer less asset protection.

Additionally, Chapter 7 is not available to everyone. Chapter 7 bankruptcy is usually available to Missouri debtors whose income is less than or equal to the median family income of residents with the same household size as the debtor. For example, in Missouri, a single person can make up to $36,696 and easily qualify for Chapter 7. Above that amount, a debtor who is single with a household size of one may qualify for a Chapter 7 or Chapter 13 depending on their individual circumstances. For other median family income figures applicable to Missouri residents, click here to view the Census Bureau's Median Family Income By Family Size table.

Chapter 13 Plan Wage-earner's Plan Income-Based Plan

In Chapter 13 bankruptcy, your debts are not immediately discharged. The bankruptcy law allows for the creation of payment plans with durations of 3 to 5 years. The goal in Chapter 13 is to obtain discharge of your debts upon completion of your repayment plan. While you do pay more in Chapter 13, you are given greater asset protection in return.

The process is fairly complicated, but as experienced Missouri Chapter 13 bankruptcy attorneys we can assist you with filing your bankruptcy petition. In Springfield, Missouri, the Bankruptcy Clinic can handle your Chapter 13 bankruptcy accurately, quickly, and for a fair, upfront price.

Call (417) 8NO-DEBT to Speak to One of Our Missouri Chapter 13 Bankruptcy Attorneys

If you are a Missouri wage earner who is still unable to meet your obligations, contact a Missouri Chapter 13 lawyer at the Bankruptcy Clinic in Springfield to schedule an initial consultation.