Bankruptcy Lawyer Near American Fork Utah

Bankruptcy attorneys specialize?

Ruby Norta Gumapac Assistant at Ascent Law LLC

Personal bankruptcy is a process in which a debtor files for bankruptcy. This process allows the debtor to restructure and reorganize his finances. He can eliminate debt by reducing or eliminating other obligations.

A bankruptcy attorney can help you choose a chapter of bankruptcy and advise you on the risks and benefits of filing. He can also help you determine what types of property are exempt from the bankruptcy process. A bankruptcy attorney can also help you calculate your finances and assets. An attorney can also accompany you to creditors meetings and provide legal representation before a bankruptcy law judge.

Business bankruptcy lawyer

When a business is facing a financial crisis, it may be wise to consider bankruptcy as an option. Bankruptcy attorneys are experienced in this type of case and can explain the process to you. There are a few important things to consider when choosing a bankruptcy lawyer. Choosing the right one can have an impact on your ability to retain valuable assets, avoid expensive litigation, and rebuild your business. An experienced bankruptcy attorney will also be able to discuss the benefits and drawbacks of bankruptcy, as well as possible alternatives.

A business bankruptcy lawyer has the experience and skills to make your bankruptcy case as successful as possible. These attorneys are also experienced in the different aspects of bankruptcy, including the legal process and the process of filing. This means that they have the knowledge needed to help you with any bankruptcy-related issue.

Consumer bankruptcy

Consumer bankruptcy is an area of law where bankruptcy attorneys specialize. Bankruptcy laws can be complex and confusing, so hiring a bankruptcy attorney is essential.

The National Association of Consumer Bankruptcy Attorneys (NACBA) and state bar associations can help you find an attorney with experience handling consumer bankruptcy cases.

There are two common types of bankruptcy: Chapter 7 and Chapter 13. Chapter 7 is known as “straight liquidation” and is usually filed when you’re no longer able to make your payments. This type of bankruptcy is not ideal for people with assets, since it does not discharge all debts. Chapter 13 is a long-term plan that allows you to pay back some of your debts over a period of three to five years. It is also a good choice if you’re facing sudden, overwhelming medical bills or lost your job.

Chapter 7 and Chapter 13

The difference between Chapter 7 bankruptcy and Chapter 13 bankruptcy is that in Chapter 7 you can discharge your unsecured debts. In Chapter 13, however, you will be required to make payments over three to five years. While most unsecured debts are discharged, certain types of debts are not. Examples of such debts include recent income taxes, student loans, and spousal support. Depending on your financial situation, you may be able to renegotiate the terms of your home loan or automobile loan through Chapter 13.

When filing for bankruptcy, you will need to identify which debts are priority and unsecured. Chapter 7 bankruptcy can eliminate many types of unsecured debt, such as credit card and medical debt. Chapter 13 bankruptcy allows you to make repayments on your special debts through a court-approved repayment plan. This repayment plan gives you more control over your finances and protects you from creditors.

If you need an 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

When you need a Divorce Lawyer, contact this law firm:

Michael R. Anderson, JD

Ascent Law LLC
8833 S. Redwood Road, Suite C
West Jordan, Utah
84088 United States
Telephone: (801) 676-5506

Ascent Law LLC

4.9 stars – based on 67 reviews

Recent Posts

Real Estate Attorney

Probate Lawyer

Estate Planning Attorney

Child Custody Lawyer

Divorce Lawyer

Business Lawyer

Ascent Law LLC St. George Utah Office

Ascent Law LLC Ogden Utah Office

American Fork, Utah

From Wikipedia, the free encyclopedia
American Fork
The old city hall is on the National Register of Historic Places.

The old city hall is on the National Register of Historic Places.
Location in Utah County and the state of Utah

Location in Utah County and the state of Utah

American Fork is located in Utah

American Fork
American Fork

Coordinates: 40°23′3″N 111°47′31″WCoordinates40°23′3″N 111°47′31″W[1]
Country  United States
State  Utah
County Utah
Settled 1850
Incorporated June 4, 1853
Named for American Fork (river)

 • Total 11.16 sq mi (28.90 km2)
 • Land 11.15 sq mi (28.87 km2)
 • Water 0.01 sq mi (0.02 km2)

4,606 ft (1,404 m)

 • Total 33,337
 • Density 2,987.19/sq mi (1,154.73/km2)
Time zone UTC−7 (MST)
 • Summer (DST) UTC−6 (MDT)
ZIP code
Area codes 385, 801
FIPS code 49-01310[3]
GNIS feature ID 1438194[4]

American Fork is a city in north-central Utah CountyUtah, United States, at the foot of Mount Timpanogos in the Wasatch Range, north from Utah Lake. This city is thirty-two miles southeast of Salt Lake City. It is part of the Provo–Orem Metropolitan Statistical Area. The population was 33,337 in 2020.[5] The city has grown rapidly since the 1970s.

Comments are closed.