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FLEDDERMANN LAW OFFICE Stephen R. Fleddermann

320 N. Fifth St. St. Charles, MO 63301

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Consumer Bankruptcy
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The law allows people who are over their heads in debt to discharge their debts through bankruptcy.  A "Chapter 7" bankruptcy filing allows for a fresh start.  Most people who file a Chapter 7 bankrupty will be relieved from paying all of their debt, although certain types of debt (such as child support and most taxes), will remain after bankruptcy.  Additionally, many bankruptcy filers may choose to continue to pay some types of debt that are "secured" by "collateral" (such as automobile debt or a debt against their home).  In most instances of "secured debt", an eligible Chapter 7 bankruptcy filer will choose whether to retain the collateral while maintaining payment on the debt or whether to surrender the collateral while paying nothing further on the debt.  
Anyone considering bankruptcy will naturally have questions relating to eligibility to file, cost of filing, procedure, alternatives, effect on future credit, etc.  All of these concerns will be addressed either by telephone or within your initial office conference with Steve Fleddermann, either of which is provided as a service with no cost or obligation.  Simply call 636-947-4343 to either discuss your questions by telephone and/or to make an appointment with Steve Fleddermann. 
 
Consumer Bankruptcy
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The law allows people who are over their heads in debt to discharge their debts through bankruptcy.  A "Chapter 7" bankruptcy filing allows for a fresh start.  Most people who file a Chapter 7 bankrupty will be relieved from paying all of their debt, although certain types of debt (such as child support and most taxes), will remain after bankruptcy.  Additionally, many bankruptcy filers may choose to continue to pay some types of debt that are "secured" by "collateral" (such as automobile debt or a debt against their home).  In most instances of "secured debt", an eligible Chapter 7 bankruptcy filer will choose whether to retain the collateral while maintaining payment on the debt or whether to surrender the collateral while paying nothing further on the debt. 
 
Anyone considering bankruptcy will naturally have questions relating to eligibility to file, cost of filing, procedure, alternatives, effect on future credit, etc.  All of these concerns will be addressed either by telephone or within your initial office conference with Steve Fleddermann, either of which is provided as a service with no cost or obligation.  Simply call 636-947-4343 to either discuss your questions by telephone and/or to make an appointment with Steve Fleddermann. 
 
 
Procedure
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Your decision as to whether to file bankruptcy begins with a no cost/no obligation office conference.  A simple form will be given to you at the initial conference.  After you get home, if you elect to have a Bankruptcy Petition filed on your behalf, simply fill out the form and return it to the Steve Fleddermann's office.  A draft of the Bankruptcy Petition will be prepared and you will be invited back into the office to review the draft and discuss any alterations necessary.  The Petition will then be ready to sign and file.  Prior to having the Petition filed for you, the law requires that you complete a "Pre-Filing Credit Counseling" program.  Steve Fleddermann will advise you as to how this can be accomplished in less than one hour at your home either by telephone or online.  The nominal cost of the program will be included in your fees/costs to have the Bankruptcy Petition filed.  Once the "telephone call" is completed, your Bankruptcy Petition can be filed.  Once filed, your creditors are immediately notified by the Bankruptcy Court to take no further action to collect on your debts.  This "temporary order" becomes permanent once you receive your final "discharge in bankruptcy" (generally about 90 days after filing).  In most cases, all matters taking place within the 90 day period will be "behind the scenes" with little or no action required on your part.  You will, however, be required to attend a "meeting" approximately 30 days after filing.  The details and purpose of this meeting will also be discussed within your office conference with Steve Fleddermann.
 
 
 
Cost
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A common question regarding bankruptcy is how anyone anticipating filing will have the funds to pay for attorneys fees and court costs.  The full cost of your Bankruptcy, including all fees and costs, will be discussed with you within your first office conference, prior to any decision as to whether to file.  Payment arrangements are commonly established and are generally made from funds that would have otherwise been made to creditors.  Once the decision to file Bankruptcy has been made, the client will generally be advised to cease further payment to most creditors since the obligation to pay that debt will ultimately be eliminated by the Bankruptcy discharge.  Although the full cost of filing will be paid prior to the time the Bankruptcy Petition is actually filed with the Court, communication with some creditors to help delay any further collection attempts pending the Bankruptcy filing is often possible.  Again, all aspects of the cost, procedure, and terms of payment options will be discussed within your initial conference.
 
                                                                 The Law Office of
                                                             Stephen Fleddermann
                                                                   320 N. Fifth St.
                                                              St. Charles, MO 63301
                                                                    636-947-4343
                                                   fleddermann@fleddermannlawoffice.com