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St Louis Bankruptcy: Four Benefits Of Filing A Chapter 7


A St Louis Chapter can help someone tremendously who is dealing with a great deal of unsecured debt (such as credit cards, medical bills, payday loans, etc.). This is because a Chapter will literally wipe clean all of those debts (as if they never existed)!! Once this occurs, you will be in a much better position to move forward with life! Below are the three main benefits that you will derive from such a filing:

  1. A Ch7 will instantly give you peace of mind. All the stress you had been dealing with will all melt away. Overnight, you go from a ball of stress to a person who has a whole new outlook on life!!
  2. You will receive a “fresh start / clean slate” from the Bankruptcy Court. This means that your creditors will not only be discharged (i.e. the debts will be knocked out), they will never be allowed to ever contact you again (and demand money), and you will never be obligated to pay them anything.
  3. All creditor activity that may have been occurring prior to your filing of the Ch7 will come to a complete halt. So if a creditor was garnishing your wages (or had a levy against you bank account, or had recently filed a lawsuit against you), this would stop as soon as your case is filed!
  4. Your credit score will improve dramatically over the next 12 – 18 months after filing! Usually people can expect to see their score rise by about 100 points within the first year (but it also depends on how aggressive you are about reestablishing your rating).

But the best way to fully understand you rights and options is to come in and see us!! All you have to do is give us a call (or shoot us a text, or send us an email, or fill out an online form). We will answer all your questions, and help guide you through the entire process step-by-step!!


The affordable St. Louis bankruptcy attorneys at The Bankruptcy Company have been saving and protecting people’s assets for years. Our goal is to make sure that you keep the assets and property you want, discharge the debts that you want to get rid of, and do it all at an affordable cost to you. All phone conversations and office consultations are free of charge.

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