Laura Ferrin, Bankruptcy Attorney
Law Firm in Sandy, UT
Bankruptcy is the legal process under federal law that enables debtors who owe more money than they can pay to either eliminate their debt(s) or work out a repayment plan to pay back their debt over time. As an experienced Salt Lake City Bankruptcy attorney, I can assist create a bankruptcy plan that will supply the immediate debt protection you need now, plus aid you begin a solid path to a financially stable future. Bankruptcy is a serious matter, but it does not have to be a devastating one.
Utah Bankruptcy Attorney
read moreAre you having trouble paying your bills? Are you in over your head with debt? Many of life's events and circumstances can lead to financial crisis and unmanageable debt. These include, but are not limited to, unemployment, underemployment, the death of a family member, illnesses, unanticipated children, and divorce. If you are struggling with heavy financial burdens, know that you are not alone. Many Utahns are in the same situation. Each year, several thousand Utahns file bankruptcy to obtain debt relief and a new financial start.
Fresh Start Bankruptcy
read moreChapter 7 is the most common form of bankruptcy in Utah and is certainly the quickest form of bankruptcy relief available today. Otherwise known as "debt elimination" bankruptcy, it provides debtors with a fresh start quickly so that they can move on with their lives and progress toward a brighter future. A Chapter 7 case generally lasts approximately 4-5 months. Most debtors in Chapter 7 in Utah keep all of their property and eliminate all of their debt. Our office files mostly Chapter 7 cases because Chapter 7 is generally the most advantageous form of bankruptcy relief.