The Legal Process of Bankruptcy
Whether you’re struggling to pay your bills or you’re about to be foreclosed on, bankruptcy can be an option for getting rid of your debts. In fact, it can be a great way to get back on track financially and even regain your credit. But before you decide to file, it’s important to know more about what will happen.
The first step is to consult an attorney. Your lawyer can tell you what the legal process will be and how it will affect your financial life. In addition, your lawyer can help you find out what you can do to avoid bankruptcy. You can also work with a credit counselor, who can help you understand what options are available to you and how to make the most of them.
When filing for bankruptcy, you will be asked to submit a list of your creditors and assets. You will also have to describe the total amount of your debts, income and expenses over the past few years. You will also have to include current utility bills, cell phone, landline and cable television subscriptions, Internet service, heating and cooling, as well as any other household expenses. You will have to obtain rental agreements and mortgage statements from the companies involved in your mortgage.
Once you have a complete list of your creditors, you will file a petition with your local bankruptcy court. The court will appoint a bankruptcy trustee to manage your case. The trustee will then review your financial records and determine if your case is viable. The trustee will then schedule a meeting of creditors. This meeting is called the 341 meeting.
You will be able to keep certain types of investments and property through bankruptcy, including a home, motor vehicle, recreational equipment, and certain investments. In some provinces, you are exempt from seizure of these assets. However, there are other types of debt that are not eligible for discharge in bankruptcy, such as student loans, taxes, alimony and child support.
Disclaimer: This is not legal advice and is simply an answer to a question and that if legal advice is sought to contact a licensed attorney in the appropriate jurisdiction.
If you have any questions or in need a Bankruptcy Lawyer, we have the Best Attorneys in Utah. Please call this law firm for free consultation.
Ascent Law LLC
8833 S Redwood Road Suite C
West Jordan UT 84088
(801) 676-5506
https://www.ascentlawfirm.com
https://goo.gl/maps/abyMDqWEv97VbdhW6
When you need a Divorce Lawyer, contact this law firm:
8833 S. Redwood Road, Suite C
West Jordan, Utah
84088 United States
Telephone: (801) 676-5506
Recent Posts
Ascent Law LLC St. George Utah Office
Ascent Law LLC Ogden Utah Office
Directions from Orem Utah to Ascent Law LLC West Jordan Utah
Directions from Holladay Utah to Ascent Law LLC West Jordan Utah
Directions from Vivent Arena Salt Lake City Utah to Ascent Law LLC West Jordan Utah
Woods Cross, Utah
Jump to navigationJump to search
 |
|
Woods Cross, Utah
|
|
|---|---|
Woods Cross City Municipal Building
|
|
Location of Woods Cross, Utah
|
|
| Coordinates: 40°52′32″N 111°54′26″WCoordinates: 40°52′32″N 111°54′26″W | |
| Country | United States |
| State | Utah |
| County | Davis |
| Settled | 1865 |
| Incorporated | 1935 |
| Named for | Daniel C. Wood |
| Area | |
| • Total | 3.84 sq mi (9.94 km2) |
| • Land | 3.83 sq mi (9.91 km2) |
| • Water | 0.01 sq mi (0.02 km2) |
| Elevation | 4,374 ft (1,333 m) |
| Population
(2010)
|
|
| • Total | 9,761 |
| • Estimate
(2019)[3]
|
11,431 |
| • Density | 2,986.93/sq mi (1,153.18/km2) |
| Time zone | UTC-7 (Mountain (MST)) |
| • Summer (DST) | UTC-6 (MDT) |
| ZIP codes |
84010, 84087
|
| Area code(s) | 385, 801 |
| FIPS code | 49-85370[4] |
| GNIS feature ID | 1447521[2] |
| Website | www |
Woods Cross is a city in Davis County, Utah, United States. It is part of the Ogden–Clearfield, Utah Metropolitan Statistical Area. The population was 9,761 as of the 2010 census,[5] with an estimated population in 2019 of 11,431.[6]
Comments are closed.