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What is the Bankruptcy Process?

Countless people throughout Salt Lake City are struggling with overwhelming debt. It can happen to even the most responsible people. The loss of a job, a divorce or mounting medical bills can place anyone in a very difficult position. When you are unable to pay for your bills and mortgage, filing for bankruptcy can be an effective solution. Justin M. Myers is a Salt Lake City bankruptcy attorney. Over the years, he has helped many men and women overcome their debt problems and regain their financial freedom. Whether you may need to file for Chapter 7 or Chapter 13 bankruptcy, he can help.

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What is the Bankruptcy Process?

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  1. What is the Bankruptcy Process? Justin M. Myers, Attorney-at-Law, LLC - With You through the Entire Process

  2. Want to File Chapter 7 or Chapter 13 Bankruptcy At the Salt Lake City law office of Justin M. Myers, Attorney-at-Law, LLC, They are there with you through the entire process. Each client is different and has their own unique set of issues, questions and concerns. The Salt Lake City bankruptcy attorney has put together a brief summary of what you can expect during an individual bankruptcy proceeding.

  3. Consider Some Points When File Chapter 7 or Chapter 13 Bankruptcy ❏ You will need to attend credit counseling with an accredited counseling agency. ❏ A bankruptcy petition documentation about your assets, debts, income and expenses — will be filed with the court. ❏ You and your attorney will attend a creditors meeting where you will be put under oath and answer questions from your trustee and creditors about your financial affairs. — with supporting

  4. Chapter 7 Bankruptcy Before your bankruptcy petition is filed, you will need to take a means test to see if you qualify for Chapter 7 bankruptcy. The means test measures your disposable income against that of other Utah citizens and ensures that your application for bankruptcy is not an abuse of the system. After the funds, if any, have been distributed to your creditors, you will receive a discharge and will no longer have any personal responsibility for those debts.

  5. Chapter 13 Bankruptcy Chapter 13 bankruptcy involves the repayment of debt over a three to five year period according to a court approved repayment plan. Along with a bankruptcy petition and supporting documentation, people filing for Chapter 13 bankruptcy will also need to include a preliminary repayment plan which is usually developed during credit counseling. After the creditors meeting you will attend a meeting to confirm your repayment plan.

  6. Attorney Profile At the Salt Lake City, Utah based law office of Justin M. Myers, Attorney-at-Law, LLC, they provide comprehensive personal bankruptcy services to clients throughout the SLC area. They help clients obtain debt relief through Chapter 7 and Chapter 13 bankruptcy.

  7. Contact Us Justin M. Myers, Attorney-at-Law, LLC South Jordan Law Office 1122 W. South Jordan Pkwy. Suite A South Jordan, UT 84095 Phone: 801-505-9679 Website: https://www.jmmlegal.com/contact/

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