There is no worse feeling than knowing that you are going to have to declare bankruptcy. Yes, there is always a route back to financial solvency from such situations. But it is not about that right now. You are going to feel awful that you are going to have to do this, because you know how hard you have been trying to avoid it. And that is why we are so sympathetic to those who have to go through a bankruptcy. So it is vital for you to find the right help, especially if you are not sure about how this process works.
When you are thinking about a bankruptcy, the first thing that you should be doing is hiring a chapter 13 attorney st louis. Why? Because you need someone who can help you through this process. You cannot do it on your own, and having an accountant is not enough. What you need to do is have a conversation with an attorney who handles these cases. That attorney can tell you whether you have reached the point where you need to file, or if there is some other option that you did not even know about.
For instance, you can always look at a debt consolidation, or you can try and get some of your loans lowered so that you can keep up with the payments. But if those options are exhausted, or it does not look as though it would change your outcome, you are going to want to go ahead with the bankruptcy. Again, you need your lawyer’s help. The good news about having a lawyer for such a case is that you can just let the attorney do all the work. So long as you provide the accurate financial information about your holdings and assets, things will go smoothly.