Bankruptcy Lawyer Near Provo Utah
Bankruptcy Lawyers – Bankruptcy Types and Reaffirmation Agreements
Bankruptcy is a legal process that provides a fresh start to an individual or a family.
The process can be a difficult one, but it can also be a positive experience. Bankruptcy lawyers can help you file for Chapter 7 or Chapter 13 bankruptcy, and they will be able to help you with the process.
Chapter 13 bankruptcy
Chapter 13 bankruptcy is a type of debt relief that allows people to catch up on their debts and start anew. Under this type of bankruptcy, the debtor will make a repayment plan that is approved by the Bankruptcy Court. This repayment plan will be based on the debtor’s income, expenses, and property.
The plan will include payments to creditors over a long period of time. The amount of the payments will depend on the debtor’s disposable income, which is based on a means test.
The means test calculates a debtor’s disposable income and then calculates the amount the debtor can afford to pay each month under the plan. The plan may also exclude certain types of creditors, such as unsecured creditors, medical bills, credit cards, and priority claims.
Creditors meetings
The meeting of creditors under bankruptcy law is an important part of the bankruptcy process. It’s mandatory and is typically held outside the presence of a judge. This meeting is conducted by the trustee assigned to the case, or by a representative of the United States Trustee in a chapter 11 case. In addition, the bankruptcy trustee will verify the identity of any creditor who attends by requesting a photo identification and social security number.
A bankruptcy court can order a meeting of creditors, and creditors can be notified in advance. It is vitally important to attend the meeting, as if you miss it, you may have your bankruptcy case delayed, or even dismissed altogether.
Development of a plan
Bankruptcy law allows for the development of a plan under certain conditions. For example, a plan may allow a debtor to continue operating a business and use the revenue to settle their debts. Alternatively, it may allow a debtor to discharge their financial obligations. In either case, the bankruptcy court must decide whether the plan complies with section 1129(b) of the bankruptcy code.
Cost of hiring a bankruptcy lawyer
The cost of hiring a bankruptcy lawyer varies depending on which chapter of the bankruptcy you file under. For example, the Chapter 13 guideline fees range from $2,500 to $6,000, but may vary depending on your situation. If you are a business owner, the fees may be higher. A bankruptcy lawyer should explain all costs before he or she begins working on your case.
The attorney’s fee varies greatly depending on the complexity of your case. The national average for filing bankruptcy is around $3,000, although bankruptcy attorneys charge more depending on the district. You can expect to pay an additional $500 to $1,500 if your bankruptcy case has complicated or unique aspects.
If you have any questions, you can get a free consultation with Ascent Law LLC:
Ascent Law LLC:
8833 South Redwood RoadSuite C
West Jordan, UT 84088
(801) 676-5506
https://g.page/ascentlaw?share
https://www.ascentlawfirm.com/bankruptcy-lawyer/
When you need a Bankruptcy Lawyer, contact this law firm:
8833 S. Redwood Road, Suite C
West Jordan, Utah
84088 United States
Telephone: (801) 676-5506
Ascent Law LLC
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Provo, Utah
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Provo, Utah
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| City of Provo | |
Downtown Provo
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| Motto:
“Welcome Home”
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Location within Utah County
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 Provo
Location within Utah
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| Coordinates: 40°14′40″N 111°39′39″WCoordinates: 40°14′40″N 111°39′39″W | |
| Country |  United States |
| State |  Utah |
| County | Utah |
| Founded | 1849 |
| Incorporated | April 1850 |
| Named for | Étienne Provost[1] |
| Government | |
| • Type | Strong mayor |
| • Mayor | Michelle Kaufusi (R) |
| • Council Chair | David Harding |
| Area | |
| • City | 44.19 sq mi (114.44 km2) |
| • Land | 41.69 sq mi (107.97 km2) |
| • Water | 2.50 sq mi (6.47 km2) |
| Elevation | 4,551 ft (1,387 m) |
| Population | |
| • City | 115,162 |
| • Density | 2,762.34/sq mi (1,066.61/km2) |
| • Metro | 620,000 |
| Time zone | UTC−7 (Mountain (MST)) |
| • Summer (DST) | UTC−6 (MDT) |
| ZIP Codes |
84601-84606
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| Area codes | 385, 801 |
| FIPS code | 49-62470[5] |
| GNIS ID | 1444661[6] |
| Website | www |
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Provo (/ˈproʊvoʊ/ PROH-voh) is the fourth-largest city in Utah, United States. It is 43 miles (69 km) south of Salt Lake City along the Wasatch Front. Provo is the largest city and county seat of Utah County and is home to Brigham Young University (BYU).[7]
Provo lies between the cities of Orem to the north and Springville to the south. With a population at the 2020 census of 115,162.[3] Provo is the principal city in the Provo-Orem metropolitan area, which had a population of 526,810 at the 2010 census.[8] It is Utah’s second-largest metropolitan area after Salt Lake City.
Provo is the home to Brigham Young University, a private higher education institution operated by The Church of Jesus Christ of Latter-day Saints (LDS Church). Provo also has the LDS Church’s largest Missionary Training Center (MTC). The city is a focus area for technology development in Utah, with several billion-dollar startups.[9] The city’s Peaks Ice Arena was a venue for the Salt Lake City Winter Olympics in 2002. Sundance Resort is 13 miles (21 km) northeast, up Provo Canyon.
In 2015, Forbes cited Provo among the “Best Small And Medium-Size Cities For Jobs,”[10] and the Bureau of Labor Statistics found Utah County had the year’s highest job growth.[11] In 2013, Forbes ranked Provo the No. 2 city on its list of Best Places for Business and Careers.[12] Provo was ranked first for community optimism (2012)[13] and first in health/well-being (2014).[14]
About Provo, Utah
Provo is the fourth-largest city in Utah, United States. It is 43 miles (69 km) south of Salt Lake City along the Wasatch Front. Provo is the largest city and county seat of Utah County and is home to Brigham Young University (BYU).
Neighborhoods in Provo, Utah
Fort Utah, Provost South, Maeser, Franklin South, Grand View North, Provo Bay, Lake View South, Lakeview North, Franklin Neighborhood, Grandview South, Grand View South
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