Legal Question in Bankruptcy in Missouri

Filing a bankruptcy petition is certainly one option. While no one wants to file bankruptcy, sometimes it is the only realistic solution. For truly unbiased information, look at the website of the Missouri bankruptcy courts. See mow.uscourts.gov

Another option may be renegotiating with your creditors. However, be aware that in many instances, debt that is forgiven is considered taxable income. I would suggest you ask your tax preparer about this.