The Law Office of Andrew Magdy
Saint Louis Bankruptcy

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Everything You Need To Know About Bankruptcy In Saint Louis

New Year’s Resolution: Get out of Debt!

Think back on the past year. Did you live paycheck to paycheck? Were you constantly worried about bills? Did unexpected expenses cause you to take out loans you simply cannot afford to repay? Has a loss of employment affected you or your family? If any of these situations apply to you, bankruptcy may be the best way to start your new year. 

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Is Your Bankruptcy Attorney Doing What Is In Your Best Interest?

Some firms have opted to guide every debtor into a Chapter 13. The good news is the client receives bankruptcy protection as soon as their case is filed. The bad news? They can end up paying $4,000.00 in attorney fees! The flat fee authorized by the Eastern District of Missouri Bankruptcy Court is $4,000.00 per Chapter 13 case. If you choose one of these bargain-price firms to handle your bankruptcy, you may end up paying four or five times as much as you would have paid for a Chapter 7. 

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