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New Bankruptcy Law Not As Bad As You Think!

Ever since the new bankruptcy law came into effect on October 17, 2005, many misinformed consumers thought their chances of being debt-free just took a turn for the worse. Luckily for you, the new big, bad bankruptcy law "ain't that bad"! In fact, as it turns out, the new law is actually more “consumer oriented” than the old law. Many people filing Chapter 7 bankruptcy and Chapter 13 bankruptcy are getting an even better deal under the NEW law than people did under the OLD law! And you might be one of those people.

The NEW bankruptcy law is over 500 pages long, but as you would expect, I have thoroughly read, studied, dissected, picked apart, analyzed, and examined all 500+ pages of it. I can now state with certainty that, for the most part, if you have debt problems, there is help available. In fact, there is plenty of good news.

What does the “new and improved” bankruptcy law allow you to do?

• It's easier for people to qualify for bankruptcy help
• The results people can achieve are even better under the new law.
• You can still discharge your debts and receive a fresh start!
• In most cases, you can propose a Chapter 13 Debt Consolidation Plan that provides less to unsecured creditors than under the old law.

Speaking of the NEW Chapter 13 Debt Consolidation Plan, these programs allow me to provide clients with some amazing results. Results that, under the old law, were simply NOT allowed! Now, under the NEW law, if you qualify, you can consolidate all your past due house payments, car loans, back child support, back taxes, credit cards, medical bills, personal loans, student loans and other dischargeable unsecured debts into one low, easy, affordable payment. And get this! This payment replaces all the other payments on these debts and this saves you hundreds of dollars per month!

What can you do with these savings?

Ø Afford food for your children and family

Ø Move into a better, safer neighborhood

Ø Save for emergencies

Ø Save for retirement

Ø Stay out of debt

Ø Afford Christmas gifts for your children

Seem too good to be true? Then, like most people, you do not understand how powerful bankruptcy is. If you don't get some help, will you be any better off in 12 months? Or will you still be deep in debt, still worrying yourself to death, still depriving your family of the things it needs, and just a whole year older?

The Castle Law Office is a St. Louis, Missouri based firm that is dedicated to helping citizens on both sides of the Mississippi river get through financial hardships. We are not a credit counseling agency. We are not debt collectors. What we do is help people get through the bankruptcy process in a way that will help them resolve their debts while still maintaining as much of their property as possible. If you or a loved one are considering filing bankruptcy, contact the Castle Law Group in St. Louis for a free legal consultation today.

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