Chapter 7 Attorney in St. George, Utah
Get Rid Of Your Debts Now!
If you are struggling with debt, you may want to consider hiring a St. George Chapter 7 attorney. Bankruptcy can help you eliminate or restructure your debts, allowing you to care for yourself and your family. However, it is undeniable that the entire process can be pretty tedious for the average person. Therefore, hiring an experienced bankruptcy attorney is a must.
At Boyack Christiansen Legal Solutions, we understand how difficult and frustrating it can be to deal with overwhelming debt. We believe that it is not your fault that financial difficulties are affecting you. Bankruptcy is designed to give you a second chance in life. It is never too late to get help if you need assistance.
What is Chapter 7 Bankruptcy?
Chapter 7 Bankruptcy is a legal process in Utah that allows individuals or businesses to eliminate most unsecured debts, such as credit card debts, medical bills, and personal loans, by liquidating their non-exempt assets. In a Chapter 7 Bankruptcy, a trustee is appointed to oversee the liquidation of the debtor’s non-exempt assets, and the proceeds from the sale of these assets are used to pay off the creditors.
Chapter 7 Bankruptcy in St. George, is subject to specific eligibility requirements, such as passing a means test to determine whether the debtor has sufficient income to pay off their debts. In addition, certain exemptions allow the debtor to keep some of their assets, such as their primary residence, vehicle, and personal property.
What Will Happen To Your Assets or Property If You File Chapter 7 Bankruptcy?
If you file for Chapter 7 Bankruptcy, your assets and property may be sold or liquidated to pay off your creditors. However, the extent to which your assets and property may be affected depends on various factors, such as the exemption laws in your state and the nature of your debts.
In a Chapter 7 Bankruptcy, a trustee is appointed to oversee the liquidation of your non-exempt assets. Non-exempt assets are not protected by bankruptcy exemptions and may include luxury items, second homes, stocks, and other investments. The proceeds from the sale of these assets are then used to pay off your creditors.
Can Chapter 7 Bankruptcy Stop Wage Garnishment?
Yes, Chapter 7 bankruptcy can stop wage garnishment. When you file for Chapter 7 bankruptcy, an automatic stay is effective immediately. The automatic stay prohibits creditors from continuing collection actions against you, including wage garnishment.
If your wages are being garnished before you file for bankruptcy, the automatic stay will stop the wage garnishment. However, it is essential to note that the automatic stay may not stop wage garnishment for certain types of debts, such as child support and taxes. These types of debts are known as non-dischargeable debts and are not forgiven in bankruptcy.
In addition to stopping wage garnishment, Chapter 7 bankruptcy can help you eliminate certain types of debts, such as credit card debt and medical bills. This can give you a fresh start and help you regain control of your finances.
What Are The Property Exemptions Under Chapter 7 Bankruptcy in Utah?
In Utah, individuals filing for Chapter 7 bankruptcy may be able to keep specific properties and assets through exemptions. The following are some of the property exemptions available under Chapter 7 Bankruptcy in Utah:
- Homestead Exemption: Utah offers a homestead exemption that protects up to $30,000 of equity in a primary residence. For individuals who are 65 years old or older, disabled, or are the surviving spouse of a deceased person who would have qualified for the exemption, the homestead exemption increases to $60,000.
- Motor Vehicle Exemption: Utah allows a motor vehicle exemption of up to $5,000 for one vehicle per individual or up to $10,000 for a joint filing by spouses.
- Personal Property Exemption: Utah provides a personal property exemption of up to $5,000 in household furnishings, appliances, clothing, and other personal property.
- Tools of Trade Exemption: Utah allows a means of trade exemption of up to $5,000 for tools, equipment, and other items necessary for the debtor’s trade or profession.
- Retirement Accounts: In Utah, most retirement accounts, such as 401(k)s, IRAs, and pension plans, are fully exempt from bankruptcy proceedings.
It is important to note that these exemptions may not apply to all property or assets, and there may be limits on the amount of exemption available. A qualified bankruptcy attorney can provide guidance on the exemptions available and help you navigate the Chapter 7 bankruptcy process to protect your assets and achieve the best possible outcome for your situation.
Why Do I Need a St. George, Utah Chapter 7 Bankruptcy Attorney?
It would be best to have a St. George, Utah, Chapter 7 bankruptcy attorney for many reasons. Primarily, the process is quite complicated for an average individual. You don’t have to feel bad, because that’s normal! Bankruptcy is intrinsically complicated; that’s why you need a Chapter 7 attorney in St. George, Utah, who possesses the following characteristics:
- Experienced – constantly looking for a Chapter 7 attorney who can demonstrate their unique experience. Take your time to evaluate their profile and check whether they possess the kind of experience that is uncommon among Chapter 7 attorneys.
- Reputable – the reputation of your bankruptcy attorney is significant in the success of your bankruptcy case. They can expedite the progress of your case and prevent any mistakes that could adversely affect your bankruptcy. It is highly recommended to engage the services of a bankruptcy attorney with a good reputation.
- Respectful – you deserve a St. George Chapter 7 attorney who can understand that some things are beyond your control. Struggling financially is not supposed to be something that you need to hide. Hire a Chapter 7 attorney who understands and respects your situation.
Boyack Christiansen Legal Solutions is composed of lawyers with unique backgrounds. We possess characteristics that are not common to every bankruptcy. Travis Christiansen actively served the Washington County School Board. He also became the 2010 President of the Southern Utah Bar Association.
We understand that suffering from financial difficulties is an inevitable and fortuitous circumstance. That’s why, instead of blaming you, we work relentlessly to help you eliminate your debts. Get assistance today!
Call our St. George, Utah Chapter 7 Bankruptcy Attorney Now!
When choosing a St. George Chapter 7 attorney, keep in mind that you need to evaluate their profile thoroughly. This first step is crucial because you will work with your Chapter 7 attorney for several months. That’s why choosing the right attorney is essential.
Boyack Christiansen Legal Solutions is a respectful, reputable, and experienced St. George Chapter 7 attorney that you can rely on. Choosing our services will leave you with no regrets. With our experience, knowledge, and competence, we can guarantee the delivery of high-quality legal services. Besides Chapter 7 bankruptcy, we also practice estate planning, family law, criminal defense, personal injury, and business law. What are you waiting for? File bankruptcy today!