Top Layton, UT Bankruptcy Lawyers Near You
We can help answer your questions with any estate planning law matter, call now to speak directly with attorney Brian Johnson
2180 S 1300 E, Suite 400, Salt Lake City, UT 84106
Getting legal representation for your Bankruptcy issue is easier than you think. Let McKay, Burton & Thurman, P.C. in Layton, Utah help you today.
95 S State St, Salt Lake City, UT 84111
5663 S. Redwood Rd., Suite 1, Salt Lake City, UT 84123
222 Main Street, 5th Floor, Salt Lake City, UT 84101
152 W Burton Ave, Suite G, Salt Lake City, UT 84115
222 South Main St, Suite 1830, Salt Lake City, UT 84101
222 S. Main Street, Suite 2200, Salt Lake City, UT 84101
299 South Main, Suite 1300, Salt Lake City, UT 84111
311 South State Street, Suite 280, Salt Lake City, UT 84111
405 South Main St, Suite 355, Salt Lake City, UT 84111
136 S. Main St, Suite 400, Salt Lake City, UT 84101
4923 S 1025 E, Ogden, UT 84403
60 E S Temple St, Suite 1200, Salt Lake City, UT 84111
201 South Main Street, One Utah Center, Suite 800, Salt Lake City, UT 84111
36 South State Street, Suite 1400, Salt Lake City, UT 84111
6000 S Fashion Blvd, Murray, UT 84107
60 East South Temple, Suite 1000, Salt Lake City, UT 84111
95 S State St, Suite 2300, Salt Lake City, UT 84111
15 W. South Temple, Suite 600, Salt Lake City, UT 84101
376 E 400 S, Suite 300, Salt Lake City, UT 84111
50 East South Temple, Kirton McConkie Bldg., Suite 400, Salt Lake City, UT 84111
101 South 200 East, Suite 700, Salt Lake City, UT 84111
8851 Sandy Pkwy, Suite 200, Sandy, UT 84070
201 South Main Street, Suite 1800, Salt Lake City, UT 84111
257 East 200 South, Suite 700, Salt Lake City, UT 84111
Layton Bankruptcy Information
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What Is Bankruptcy?
Bankruptcy is a legal process that allows people to get out from under debts that are causing serious financial harm. Through the bankruptcy process, you may be able to get rid of debts like medical bills, credit card bills, and other unsecured debts. Factors such as your income and whether you have assets that you can sell to pay off some of the debts are taken into account when filing for bankruptcy and will determine what happens.
What Happens When I File for Bankruptcy?
When you file for bankruptcy, you will be under a federal bankruptcy court’s supervision and protection. During this time, you, your lawyer, the court, and your creditors will work on a plan for discharging your eligible debts. Collectors will also be unable to repossess property and garnish your wages or bank accounts during this time.
How Much Does It Cost To File for Bankruptcy?
There is no easy answer to this question. The ultimate cost will be a mix of court filing fees and what you owe your attorney for guiding you through the process. What you owe will depend on how complicated your case is and whether there are any prolonged disputes with creditors. Most likely, however, the debt relief that comes with bankruptcy will outweigh any fees.
How Long Does Bankruptcy Stay on Your Credit Report?
A Chapter 7 bankruptcy filing will stay on your credit report for up to 10 years, while a Chapter 13 will remain for up to seven years. A bankruptcy filing will also harm your credit score. However, if you need to file for bankruptcy, it’s likely your score is not that high anyway, and your bankruptcy will give you a chance at a fresh start and time to rebuild your credit score.