Chapter 13 Bankruptcy Attorneys in Midvale, UT
Reorganize Your Debt & Face a Brighter Financial Future
Are you facing mounting debt, but are only able to keep up with a small portion of it each month? Would you be able to catch up on your bills if you were just able to get some breathing room? If so, Chapter 13 bankruptcy maybe an option for you to consider.
This is a big step, and that is why we recommend discussing your options with a Midvale Chapter 13 bankruptcy attorney at Haskins James. Bankruptcy is not right for everyone, but at times it is the only way for a person to get out from under a mountain of crippling debt. With over five decades of combined legal experience and a commitment to seeing your financial goals met, our attorneys can explain your options and guide you through the bankruptcy process, helping you get back on track to financial freedom.
For a free and confidential review of your financial situation, call (801) 850-0155. We serve the greater Salt Lake area from our office in Midvale.
How Does Chapter 13 Bankruptcy Work?
Chapter 13 bankruptcy is essentially a debt reorganization plan. With this type of bankruptcy, your unsecured debt is rolled into one monthly payment that you make over the period of three to five years. The court trustee uses that money to pay your creditors. After the three to five years are over, any remaining consumer debt is discharged.
Chapter 13 bankruptcy can:
- Stop foreclosure proceedings
- Avoid vehicle repossession
- Stop most wage garnishments
- Protect a debtor’s assets
- Possibly strip away a second mortgage
Is Chapter 13 Bankruptcy Right for Me?
People who make too much money to qualify for Chapter 7 bankruptcy or have assets they want to protect may find Chapter 13 bankruptcy a better alternative.
This debt repayment plan is particularly helpful for people with non-dischargeable debt like:
- A home mortgage
- Student loans
- Tax debt
- A vehicle loan
- Spousal support
- Child support
Serving Debtors Across Salt Lake County, UT
For the past 40 years, Haskins James has served the interests of debtors across Salt Lake County in Chapter 13 bankruptcy proceedings. We know you have an important decision to make, which is why we want to arm you with the information you need to make the right choice. You can count on our honest and clear assessment of your financial situation, your debt, and your assets to guide you in the appropriate direction.
Experienced in Multiple Areas of Law
Aggressively Defends Client's Rights
Attentive & Responsive Attorneys
We Truly Care About Helping People
52+ Years of Combined Experience