Columbia, Missouri Bankruptcy
At the Missouri Bankruptcy Center, we know the overwhelming amounts of stress our clients have gone through before coming to us. Trying to understand the Missouri bankruptcy laws can be very confusing because of their size and complexity.
Do you live in the Columbia, Missouri area and feel trapped by debt? We can help set you free with a chapter 7, chapter 11, or chapter 13 bankruptcy.
Get a free evaluation from a Missouri attorney.
Chapter 7 for Columbia, Missouri
In a Chapter 7 bankruptcy, most DEBTS are ELIMINATED completely. This is called a “discharge.” Medical bills, credit cards, judgments from car accidents, personal loans and other unsecured loans can usually be eliminated or “discharged” in full. Once a debt is discharged, the creditor is forever prevented from taking any action to collect the debt. We can help you file for chapter 7 bankruptcy.
Chapter 11 for Columbia, Missouri
Chapter 11 bankruptcy is available to both individuals and businesses, although it is usually used by businesses, both large and small. When you begin the Chapter 11 bankruptcy process, you can usually remain in control of your business. Under Missouri Chapter 11 rules, you gain an opportunity to restructure business debts and obtain new financing in order to return the business to profitability.
Chapter 13 for Columbia, Missouri
Chapter 13 is a very powerful tool for obtaining a debt consolidation plan approved by the bankruptcy court. Chapter 13 Plans are commonly used where debtors are behind on their house payments or facing foreclosure on their home or repossession of their car and need time to catch up the past due payments. This Missouri Chapter 13 bankruptcy will BUY YOU TIME. We can help you file for chapter 13 bankruptcy.