Warrenton Bankruptcy Lawyer
Helping You Find Financial Freedom Through Bankruptcy
There are hundreds of thousands of people in the United States who seek debt relief every year by filing for bankruptcy. Even though there are many myths circulated about bankruptcy, it still remains one of the best ways to discharge one's debts and move forward financially. There is no part of the country that has remain untouched during the economic struggles of recent years, and our legal team is prepared to help you and your family today.
During our 35 years of legal experience in handling bankruptcy and debt relief cases, we have gained an extensive understanding of state and federal bankruptcy laws and the various legal options available for our clients. We work closely with each client to ensure that they understand their legal rights and options so that they can make the best decision for their future, and we offer a free case evaluation to get started. Our Warrenton bankruptcy attorneys provide honest, effective and reliable legal representation throughout the entire bankruptcy process, and we genuinely care about you and your future.
Information about Warrenton, MO
Founded in 1864, the City of Warrenton is located in Warren County. According to demographic data from 2010, Warrenton has a total population of 32,514 with a white population of 98.2%. Additionally, 73% of the total households in the city are family households. This means that there are children and adults living together in the same house and the children are financially dependent on the adults.
In 2009, the estimated median household income in Warrenton was $43,359, which was a significant increase from $34,022 in 2000. With the recent downswings of our economy, however, many individuals and families have gone through tough financial times. Those who were already struggling to pay their bills or pay off existing debts may suddenly find themselves in over their head, and there are specific signs of trouble to look out for.
Here at Adams Law Group, it is our goal to provide you with supportive, compassionate legal counsel during this tough time. Our Warrenton bankruptcy attorneys have dedicated their professional careers to guiding individuals and families to a better financial position, and we are prepared to help you now.
About Warrenton, MO
City of Warrenton
Life After Bankruptcy in Warrenton
One of the greatest myths told about bankruptcy is that it forever ruins your financial credit and your ability to secure housing or loans. Contrary to popular belief, bankruptcy will not remain on your record for the rest of your life. Once you have gone through the bankruptcy process and your unsecured debts have been discharged, you will still be expected to pay for student loan payments, alimony payments and other debts that still remain in your name. However, maintaining your financial responsibilities will be more manageable. Our Warrenton bankruptcy lawyers will help guide you through this process and help you rebuild a new system of financial management to ensure that you do not fall into debt again. To start, it is wise to apply for smaller credit cards that have low credit lines. This helps to rebuild your credit so that you can file for larger loans in the future.
Is Chapter 7 bankruptcy right for me?
The most popular type of bankruptcy, Chapter 7, is available for certain people who qualify under a certain amount of median household income. This type of bankruptcy is especially popular because it allows debtors to eliminate most of their unsecured debts, such as credit card debts and vacation expenses. Debtors who choose to file under Chapter 7 will risk losing their home or car if they are behind on their home or auto payments, and should consider filing for a
Chapter 13 bankruptcy instead. Those items are considered secured debts and debtors will be forced to make one of three decisions with unsecured debts: give the property back and owe nothing, redeem the property by paying the creditor the full market value of the property in cash, or keep the property and reaffirm the debt.
Benefits of Hiring a Warrenton Bankruptcy Attorney
When you choose to work with the team of talented bankruptcy lawyers at Adams Law Group, we will immediately begin to provide you with the honest advice that you are seeking. We understand what you are going through and we have helped many other like you achieve financial freedom and the fresh start they deserve. There is a way out, and we will work tirelessly to support you and your loved ones during the entire process involved with filing for bankruptcy. Our firm was awarded by the U.S. Commerce Association with the Best of Saint Peters Missouri Award in 2009, and we continue to build on our accomplishments by seeking additional knowledge and always gaining experience. Contact our firm today to schedule your free
Bankruptcy Resources in Warrenton
Information Center: Bankruptcy
Bankruptcy Courts near Warrenton