Bankruptcy
Piute County, UT
How Chapter 7 bankruptcy can help you cancel your debts, protect your exempt property, and stop bill collectors.
You can use Chapter 13 bankruptcy to get out from under the burden of your debts, protect important property, and stop bill collectors.
From Adversary proceeding to Wage garnishment
Most Americans are just one catastrophic event away from financial ruin. Sometimes a life event (i.e. "shit") happens to us.... And it can overwhelm us with debt. But, fortunately, that doesn't mean your life is ruined forever. In fact, that's exactly why bankruptcy law was created! — for the “honest but unfortunate debtor.”
Where will you be in 5 years if you don't file bankruptcy now? If your financial situation will better, and if the problems that are dogging you now are likely to pass without too much disruption in your life, then maybe bankruptcy isn't the right answer. But if you are going to be in the same place, or worse, then you should take a hard look at bankruptcy now.
The Federal Court system offers a series of videos (produced in 2010) on how the bankruptcy process works.
Bankruptcy's ability to stop collection efforts is one of its main attractions to debtors stressed by harassment from bill collectors. But creditors may be able to get the stay lifted if they can show that it is necessary to do so in order to protect their interests.
