Utah Bankruptcy Attorneys

Whether through illness, divorce, a lost job, or a failed business, many people find themselves in need of help. They are underwater, and no matter how hard they struggle to get their head up they seem to be getting farther from fresh air.

Bankruptcy is powerful medicine. Through bankruptcy, you can get the “fresh start” that Congress created to help you overcome a difficult financial situation.

If you are tired of the creditor calls, court judgments, and mounting debt that keeps you from getting your head above water, bankruptcy might be the medicine you are looking for. We would love to sit down with you and explain your available options. We offer free initial consultations.

As a bankruptcy lawyer from Pacific Legal Group knows, people consider filing for bankruptcy all the time. If you are wondering what Chapter 7 bankruptcy entails and whether it could be right for you, you are not alone. It can be a great resource for those who don’t feel in control of their money and need a way to give themselves a financial restart. Some people may frown upon those who need to file for bankruptcy when in reality, this shows that a debtor wants better for their financial future. You may be worried that if you file for bankruptcy you will be judged by others, however, at the end of the day, it is about you and what is going to help you get through a burdensome time.

Chapter 7 bankruptcy is one of the most commonly utilized chapters, particularly for individuals. If you have unsecured debts, such as credit card bills or medical debts, this may be eradicated. But as your lawyer for bankruptcy may explain, there are other debts that you may not be able to get rid of, such as student loans and taxes dues. So how do you know whether Chapter 7 is suitable for you, or another chapter is better? The best way to know for sure is to meet with a lawyer for a consultation. The truth is, unless you have a lawyer review your situation, you won’t know for sure if it’s the right choice. Here are just a few signs that you may be headed to, or are already in, impending bankruptcy territory:

• You are missing payments on a consistent basis, especially for major items like your vehicle or home.
• You have difficulty paying minimum payments for credit cards and other debts.
• You do not qualify for a debt management program, which negotiates with your creditors for a lower interest rate and creates a payment plan for you.
• You owe more than what your home is currently worth (negative home equity), and this means you may not be eligible for a home equity loan.
• You are being constantly harassed by debt collectors, in addition to receiving notices in the mail that a creditor plans to take legal action against you.
• You are using your credit cards to pay for necessities of living, such as groceries, gas, rent, etc.

There are different types of bankruptcy chapters, including Chapter 7, Chapter 13, Chapter 15, Chapter 13, Chapter 9, and Chapter 12. Your bankruptcy lawyer from Pacific Legal Group can discuss with you in further detail what each of these chapters provides, and offer advice on which to apply for. They can also make sure that you meet the requirements for filing for bankruptcy and can make suggestions on how to make your application as strong as possible for approval.

Whether you are looking for liquidation through chapter 7 or a workout through chapter 13, the Pacific Legal Group can professionally and compassionately help you navigate this arena. We have helped hundreds of people get a fresh start, and we would love to help you too. Call us today so that we can help you determine if bankruptcy is right for you.