what lawyer to declar bankruptcy salt lake city

Full Answer

Who is the best bankruptcy lawyer in Salt Lake City?

Linda D. Smith is a Salt Lake City bankruptcy lawyer that is known for offering affordable bankruptcy services to clients. She focuses exclusively on bankruptcy cases such as Chapter 13 and Chapter 7 bankruptcy, debt reorganization, defending consumer rights, and more.

Who is the best lawyer for Chapter 13 in Utah?

Aaron J. Nielson, Attorney at Law. Aaron J. Nielson is a Salt Lake City bankruptcy law firm headquartered in West Jordan, Utah. The firm has a team of experienced lawyers that specialize in Chapter 13 and Chapter 7 bankruptcy.

Why choose 1law PC in Salt Lake City?

1Law PC in Salt Lake City, Utah, serves clients in the metro area by consulting in bankruptcy cases.

How much does it cost to file Chapter 7 bankruptcy in Utah?

between $1,100 and $2,000Utah Bankruptcy Attorney Fees Chapter 7 bankruptcy attorney fees in Utah typically range between $1,100 and $2,000. In general, the services of a bankruptcy attorney are worth far more than $1,100.

How do I file Chapter 7 bankruptcy in Utah?

Steps in a Utah Bankruptcylearn about Chapters 7 and 13.check whether bankruptcy will erase debt.find out if you can keep property.determine whether you qualify.consider hiring a bankruptcy lawyer.stop paying qualifying debts.gather necessary financial documents.take a credit counseling course.More items...

What is Chapter 7 bankruptcy Utah?

Utah Chapter 7 bankruptcy is a liquidation bankruptcy for individuals and businesses. Under Chapter 7 in Utah Bankruptcy Code, a trustee is appointed to examine and direct the financial affairs of the debtor. All non-exempt property is sold and the proceeds are distributed to creditors.

What is a bankruptcy attorney office?

A bankruptcy attorney is a lawyer that specializes in the bankruptcy process, having knowledge about the various types of bankruptcy, filing the required documents with the court, and issues with creditors. Most bankruptcy lawyers handle either consumer (personal) bankruptcy, or commercial (business) bankruptcy.

What are the differences between Chapter 7 and Chapter 13 bankruptcy?

With Chapter 7, those types of debts are wiped out with your filing's court approval, which can take a few months. Under Chapter 13, you need to continue making payments on those balances throughout your court-instructed repayment plan; afterwards, the unsecured debts may be discharged.

Can I file bankruptcy without my spouse in Utah?

If you're married and you live in Utah, you can file for bankruptcy alone. State law does not require you to file a joint petition with your spouse, so the choice is yours. However, the decision on whether to file for bankruptcy individually or together is not one you should take lightly.

How much do you have to be in debt to file Chapter 7?

Again, there's no minimum or maximum amount of unsecured debt required to file Chapter 7 bankruptcy. In fact, your amount of debt doesn't affect your eligibility at all. You can file as long as you pass the means test. One thing that does matter is when you incurred your unsecured debt.

What debts are not discharged in bankruptcy?

Examples of other non-dischargeable debts in a Chapter 7 bankruptcy case include:401k loans.Other government debt such as fines and penalties.Restitution for criminal acts.Debt arising from fraud or false pretenses.Debts you intentionally did not include in your bankruptcy forms.Damages related to a DUI accident.

What is the downside of filing for bankruptcy?

Filing for bankruptcy can negatively impact your immediate financial future. Obtaining credit after filing for bankruptcy could mean increased interest rates. Obtaining credit after filing for bankruptcy might require security deposits.

How long after a Chapter 7 can I buy a house?

How soon after bankruptcy can I get a mortgage? Some lenders will consider your mortgage application as soon as you're discharged from bankruptcy. But others might not consider you until you've been discharged for at least 12 months, if not for several years. Bankruptcy remains on your credit file for six years.

What is an attorney called?

In the United States, the terms lawyer and attorney are often used interchangeably. For this reason, people in and out of the legal field often ask, “is an attorney and a lawyer the same thing?”. In colloquial speech, the specific requirements necessary to be considered a lawyer vs attorney aren't always considered.

What does a business lawyer do?

A business lawyer is responsible for assisting corporations with legal matters. Their role is to ensure everything done at the company is legal and above board. From mergers and acquisitions to incorporations and bankruptcies, every legal aspect related to the company's business activity will be under your purview.