Yes, you can. When you file a St. Louis bankruptcy, you have the option of keeping or getting rid of your secured assets (like a house or a car).
Most often, people wish to keep their property. But if you are in a situation in which you can no longer afford the real estate, or if you are just too far behind on the mortgage, or if it is simply falling apart, then surrendering the asset through the bankruptcy is an easy way to get out from underneath the debt. An experienced St. Louis bankruptcy lawyer can just make it clear to the court that your intent is to surrender the mortgage, and that is that.
In addition to letting go of your real estate, a St. Louis bankruptcy attorney can also get rid of your unsecured debts (like credit cards, medical bills, and payday loans). It will also stop any wage garnishments attached to your paychecks; it will unfreeze any bank levies attached to your checking account; and it will put an end to any lawsuits filed against you by a creditor.
The affordable St. Louis bankruptcy lawyers at Brinkman & Alter, LLC want to make sure that all the debt you wish to be relieved of is knocked out forever. In addition, we want to get you back on your feet, get your credit score back on the rise, and put you back on the road towards financial freedom.
We have two locations: in the Central West End, at 1 North Taylor (on the corner of Taylor and Laclede), St. Louis, MO 63108; and in the Twin Cities of Festus / Crystal City, at 1000 Truman Blvd (Highway 61/67), Jefferson County, MO 63019. The initial consultation is free of charge. So contact us today to learn more!!