Bankruptcy

Alternatives to Bankruptcy

Bankruptcy protection can help many individuals and families achieve the fresh start they are looking for.  But sometimes, bankruptcy is not the best option, or there may be better alternatives to bankruptcy.  

Our consumer protection attorneys will review your situation and look at all the alternatives to bankruptcy that may help you attack your debt. Some alternatives to Bankruptcy to consider include:

Defending a Lawsuit

If you have been sued by a Credit Card, Collection Agency, or other entity due to a debt you owe, you need to properly defend that lawsuit.

Many times individuals will not recognize the plaintiff suing them on a credit card lawsuit. The debt has been bought and sold many times over and the trail back to the original credit card company has been lost. If you are being sued by a collection agency, defending a case may be your best option.

Review Your Situation


Advantages to using an Alternative to Bankruptcy

  • You do not have to file bankruptcy, thus helping protect your credit score.
  • You can save bankruptcy for a bigger financial emergency. Remember, there is a time limit between when you can file for bankruptcy again if you already have.
  • The cost of defending a single lawsuit may be less than that of filing a bankruptcy, both in attorney fees and court fees.
  • There may not be as much of an investigation into your financial situation from outside parties as there may be when filing for bankruptcy.
  • Property, which may be subject to the bankruptcy estate, may be protected better when defending a lawsuit in court.

Negotiating with a Creditor outside of bankruptcy

In some cases your financial difficulty has not reached the point that you are being sued yet. In this case, many times, a creditor can be negotiated with to reduce the burden of the debt and make payment arrangements that meet your needs not the needs of the collection agency. Interest rates, principal, late fees, and payoff amounts can all be negotiated. If the debt you are facing is a mortgage our attorneys may be able to help you as well. Many creditors would rather negotiate with an experienced consumer protection attorney and receive a portion of the debt paid, than face receiving absolutely nothing after a bankruptcy is filed.

How to find the best alternative to bankruptcy in your situation

The first step is to set up an appointment with one of our experienced consumer protection attorneys. Our attorneys will sit down with you and conduct a full review of your financial situation. They will discuss your options and see if you may be able to avoid bankruptcy.

Professional Achievement

Selected by Super Lawyers in 2016 - Charles Lampin

Super Lawyers is a rating service of outstanding lawyers from more than 70 practice areas who have attained a high-degree of peer recognition and professional achievement.

Professional Achievement

Charles Lampin

Demonstrating High Ethical Standards and Integrity- An AV rating ® signifies a lawyer who has achieved an elite status that far surpasses many others.

Professional Association

Michael Boyd and Ross Buehler

MACDL is dedicated to protecting the rights of criminally accused through a strong and cohesive criminal defense bar. They strive to improve the quality of justice in Missouri by seeking to ensure fairness and equality before the law.

Professional Association

Ross Buehler

As a member of NACDL, Ross Buehler and our entire criminal defense team work to ensure justice and due process to those accused of crimes or misconduct.

Professional Achievement

Michael Boyd

The National Trial Lawyers: Top 40 under 40 is composed of the top trial lawyers from each state or region who are under the age of 40. Membership is by invitation only and is extended exclusively to those trial lawyers practicing civil plaintiff and/or criminal defense law.

Professional Achievement

Charles Lampin

By invitation only, those included in the Top 100 trial Lawyers by The National Trial Lawyers demonstrate superior legal advocacy skills, have a stellar reputation, and have a positive impact on their community.

National Asbestos/Mesothelioma

Trial Lawyers

The National Asbestos/Mesothelioma Trial Lawyers Association is a networked group of attorneys representing patients who were made sick through no fault of their own. The goal is to enable members to draw upon the specialty association’s strong training, educational and networking resources so they may have benefits that were either unavailable or difficult to find on their own.

Professional Achievement

Michael Boyd

Recognizes attorneys for their excellence in their field and have achieved unparalleled success for the benefit of their client. Membership is an exclusive honor and extended only to those selected few who have reached the top of their profession while doing so with the client’s satisfaction being of the most paramount importance.

Professional Association

Charles Lampin

The mission of the American Association for Justice is to promote a fair and effective justice system—and to support the work of attorneys in their efforts to ensure that any person who is injured by the misconduct or negligence of others can obtain justice in America’s courtrooms, even when taking on the most powerful interests.

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Main Location

5770 Mexico Road
Suite A
St. Peters, MO 63376

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Clayton, MO 63105

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