St. Louis, MO - January 21 - Bankruptcy can be a depressing stigma given largely negative connotations. But family-run Ledbetter Law Firm is offering a free consultation and work towards a more favourable outcome.

"We have built a reputation on helping people get out from under the heavy burden of debt," said St Louis bankruptcy attorney Frank R. Ledbetter. "We have thousands of people across eastern Missouri properly file bankruptcy, keep their credit intact and protect their assets, including homes in many cases."

He explained: "Some of our clients have been able to file for bankruptcy and get a new car loan at an affordable rate the next day.


"Others have been able to eliminate second or third mortgages and get back on track with restructured, more affordable mortgage payments.

"Our law firm is one of very few that have been able to do this successfully in the Eastern District of Missouri Bankruptcy Court.

"Bankruptcy can happen to anyone. Filing for bankruptcy is not something to be ashamed of. We work with due diligence, and help our clients obtain a fresh financial start that is customized to their specific needs."

Ledbetter Law Firm is now expanding its operations in the bankruptcy field across St. Louis and also focusing more on foreclosure.

Mr Ledbetter explained that having the experience to handle foreclosure law and help clients out of a very sticky situation - where they could potentially lose their homes - was a significant skill at the law firm.

"The filing of a Chapter 7 bankruptcy will likely not stop foreclosure. The mortgage lender may be able to within a matter of a day or two get authority from the Bankruptcy Court to proceed with the pending foreclosure sale.

"But for a client who wants to stop foreclosure and keep the client’s real property, Chapter 13 bankruptcy is the proper choice.

"The client will be afforded up to four years in the Eastern District of Missouri to repay in equal monthly instalments the amount the client is behind on the mortgage loan through the client’s Chapter 13 plan."

The law firm represents clients in Jefferson County and throughout the St. Louis area.

For those needing urgent advice, the law firm offers free parking, convenient hours (9am-9pm Monday-Friday, a reasonable fee structure and efficient legal work. Call them today at 314-925-0239 or 800-704-3214 toll free.