You Need an Attorney on Your Side
Life has a way of overwhelming you. Bills pile up, late fees accrue, interest compounds, and before you know it creditors are calling you several times a day and harassing you for payment. If this sounds familiar, filing for bankruptcy may be the solution.
Although there are several types of bankruptcy, the most common are:
Chapter 7
Filing under chapter 7 may eliminate unsecured debt such as medical bills, payday loans, credit cards etc. The most beneficial aspect of the chapter 7 is that it silences creditors. This is the most common form of bankruptcy for individuals. However, you must qualify under what is known as the “means” test. Call one of our experienced attorneys to determine if you qualify for this type of bankruptcy.
Chapter 13
Filing under chapter 13 can stop creditor harassment, stop foreclosure of your home, and helps establish a realistic monthly payment plan for all of your debt. Many individuals find this type of bankruptcy favorable because all of your debt will be included in one monthly payment to the bankruptcy trustee. Most people file under this chapter when they are attempting to save their homes. One of our bankruptcy attorneys will be able to tell you if this is the correct chapter for you.
Don’t Wait Any Longer To Secure Your Financial Future
If the debt in your life is piling up and you are unsure where to turn, filing for bankruptcy is an option you should explore. Many people are surprised how quickly their credit score can improve shortly after filing for bankruptcy simply because your debts have been eliminated. Despite what the collection agencies want you to believe, you can improve your credit and qualify for loans after filing for bankruptcy.
Don’t let collection agencies push you around. Call us today at (801) 656-1901 to speak to one of our experienced bankruptcy attorneys or fill out the form below.
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