If your life is burdened by overwhelming debt, a Utah bankruptcy attorney can help. The US bankruptcy code allows for people who have a heavy amount of debt to be able to have part or all of the debt erased. This means that, though the person’s credit will be affected for several years, the person can start over with a clean, debt free life. |
You can contact your Utah bankruptcy attorney for an initial bankruptcy consultation. At the initial consultation, an attorney will help you determine what your options are. The attorney will go over your current financial situation, the source of various debts, and your options for eliminating them.
If you decide to proceed with bankruptcy, you may or may not be able to keep certain assets like your home and automobile. Depending on the type of bankruptcy that you file for, you can find ways to clean your slate free of credit card bills, get rid of looming medical bills, and clear off other types of consumer debt.
When you file for bankruptcy, you will need to work with an attorney, who will take care of creditors and make sure they stop calling and harassing you for repayment on debts that will be included in the bankruptcy settlement. Debts on a home or automobile are not settled through bankruptcy. You can opt to sell these assets in order to pay off these debts, but debts that are included in a chapter 11 or chapter 13 do not include mortgages or automobile loans.
At Affordable Bankruptcy Advocates, is a Utah Bankruptcy Attorney we believe that the future of law is moving away from large overhead-intensive firms towards groups of independent attorneys and small firms who can provide better attention, care, and results at more affordable prices.(http://slcbankruptcyhelp.com)
Related Articles -
Utah, Bankruptcy, Attorney,