Many people will attempt to exhaust all options before contacting a St. Louis Chapter 13 bankruptcy attorney. This can include attempting to deal with creditors on their own, hoping to lower interest rates or monthly payments to more manageable levels. Similar to this, companies have sprung up which claim that they can get creditors to lower interest rates for a simple up-front free. Unfortunately, many of these companies are scam artists who cannot deliver on what they promise. This leaves consumers out the money they spent and still owing all their original debt.
St. Louis Chapter 13 Bankruptcy Attorney on What to Look For in Debt Relief
or most people, contacting a St. Louis Chapter 13 bankruptcy attorney is their best bet on getting good advice for debt relief. Because attorneys are held to high ethical standards a person can be sure they are getting honest advice instead of a sales pitch. This attorney can go over all your options and find the best plan that is right for you.
If you do choose to consult a debt relief agency, it is important to understand the following:
- Beware of anyone who offers an easy fix
- Consult the Better Business Bureau to find trusted resources
- Beware of any claims that sound too good to be true
Everyone knows that if something sounds too good to be true, it most likely is. Unfortunately, some people prey on the extreme stress felt by those in serious debt. They sound convincing and have a solid sales pitch and by the time a person realizes it was a scam it is too late. A St. Louis Chapter 13 bankruptcy attorney will not offer any easy fixes, but they do offer a fresh start that is guaranteed by law. You can be sure that debt discharged through bankruptcy is gone once and for all.