Can A Bankruptcy Attorney Help Financial Failure?

 

Can a bankruptcy attorney help financial failure?
Profile photo for Ruby Norta Gumapac
Ruby Norta Gumapac

Chapter 7 bankruptcy

If you are struggling with debt, you might be wondering if Chapter 7 bankruptcy can help you. Bankruptcy is a legal process that enables you to discharge most of your debts in one go. It's also "judgment-proof" - which means that creditors can't sue you if you don't pay. However, there are some debts that you won't be able to discharge, such as child support. A bankruptcy filing can stop all collection efforts and leave you with all of your personal belongings.

In addition to filing for bankruptcy, you can also get debt consolidation. Although you will be in a temporary financial bind after filing for Chapter 7, you can eventually start rebuilding your credit. However, you have to be careful about what you spend and don't spend after you file. You can't spend large sums of money in the 90 days following a bankruptcy filing, as this might look like fraud and may result in a negative ruling from the court.

If you need an Personal Bankruptcy Lawyer, please call this law firm for a free consultation.

Ascent Law LLC

8833 S Redwood Road Suite C

West Jordan UT 84088

(801) 676-5506

Utah Lawyer for Divorce Business Bankruptcy Probate Estates
Ascent Law helps you in divorce, bankruptcy, probate, business or criminal cases in Utah, call 801-676-5506 for a free consultation today. We want to help you.
https://www.ascentlawfirm.com
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Location: Tooele, UT 84074, USA

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