Are you overwhelmed with debt? Filing for bankruptcy can enable you to get a fresh financial start – and the experienced legal team at the Law Office of Davis & Jones, P.C., is here to help you achieve that goal.
You don’t have to keep struggling to make ends meet. Nor do you need to deal with issues like home foreclosure, wage garnishment, car repossession or creditor harassment on your own. Turn to our bankruptcy attorneys. We’ll explain your debt relief options and offer advice on the best approach to suit your specific situation.
Scheduling a free consultation is the first step toward a brighter financial future. If you’re ready to resolve your debts, contact our Salt Lake City office today.
Your Trusted Bankruptcy Attorney in Salt Lake City
Filing for bankruptcy is often the best option if you cannot afford your minimum debt payments, are facing garnishment of wages for unpaid debts, or are at risk of losing your home or vehicle. At the Law Office of Davis & Jones, P.C., we take the stress out of filing for bankruptcy and guide our clients through the entire legal process.
Wherever you are in Salt Lake City, bankruptcy lawyers from our firm can stop the creditor calls, file all necessary paperwork and get you the best possible outcome for your debt.
We also have a fully staffed office in St. George. We’re excited to offer top-notch bankruptcy services to clients in Southern Utah.
Individual Focus, Individual Solutions
Our law firm, centrally located in Taylorsville, helps clients throughout the Salt Lake City metropolitan area and across eastern Utah file for bankruptcy and consolidate their debts. We will review your unique situation and answer your questions in a free consultation. We can determine if filing for bankruptcy is right for your circumstances and tell you whether a Chapter 7 or Chapter 13 filing is the best choice.
We assist clients with the removal and consolidation of many types of debts, including but not limited to:
- Medical debts
- Divorce/separation debts
- Some student loans
- Payday/high-interest loans
- Credit cards
- Mortgage payments
- Car loans
You will work with knowledgeable attorneys who have more than 40 years of combined legal experience in bankruptcy filings. This close working relationship means that a lawyer with a thorough understanding of your debt and finances will manage your filing and walk with you each step of the way to a discharge of your debts. Our legal counsel has worked in the Salt Lake City area for decades and has guided more than 20,000 people through the bankruptcy filing process.
Filing for Chapter 7 Bankruptcy in Utah
Chapter 7 bankruptcy allows qualified individuals to eliminate most or even all of their debts. Unprotected assets may be taken and sold to pay off creditors, so Chapter 7 is often referred to as a liquidation bankruptcy. In practice, however, the Utah exemption system allows filers to protect much of their personal property. Many people who file for Chapter 7 never lose any of their assets.
In order to qualify for Utah Chapter 7 bankruptcy, debtors must meet strict criteria. Those who earn less than the median income for their county in Utah – which is currently $64,806 for a one-person household and $93,474 for a four person household – are generally eligible. Anyone who earns more than the allowed amount can only file for Chapter 7 if they pass the Means Test.
The Means Test compares the debtor’s earnings and living expenses to calculate the amount of disposable income available to pay debt. That’s the number that determines whether an individual qualifies for Chapter 7 bankruptcy. As each county and region of Utah allows for different deductions in the means test, working with an experienced local bankruptcy attorney is the best way to ensure all allowable expenses are accounted for in the Means Test.
Filing for Chapter 13 Bankruptcy in Utah
For debtors with a disposable income above the current Utah limit after the allowable deductions – as well as those who have nonexempt property they don’t want to surrender -- filing for Chapter 13 bankruptcy in Utah can be a smart approach. Also called a reorganization bankruptcy, Chapter 13 allows individuals to eliminate debt by committing to a three- to five-year repayment plan.
In a Chapter 13 bankruptcy, the debtor makes monthly payments to a court trustee, who distributes the funds among the creditors. The
amount paid is based on what the individual can afford, not simply the total owed. Once the repayment period ends, any remaining nonpriority unsecured debts are discharged – regardless of whether the creditors have been fully paid.
Filing for Chapter 13 can be advantageous for debtors who want to stop a foreclosure sale or car repossession, as this type of bankruptcy allows individuals to keep their property while catching up on the debts. Paying back taxes can also be easier, as Chapter 13 eliminates interest and penalties on certain tax debts. It’s important to remember that creating the repayment plan and getting through the filing process can be very challenging. Debtors are wise to work with an experienced bankruptcy attorney.
Call Us Now to Find Out if Bankruptcy Is Right for You
We represent clients throughout eastern Utah, including Salt Lake, Tooele, Utah, Summit, Davis and Uintah counties. We also take cases in Southern Utah, including Washington, Iron, Kane and Garfield counties. Our attorneys are always available for our clients by email and we quickly return messages. Call our law firm now at 801-261-2244 or send us a message to find a meeting time that works for your schedule.
We are a federally designated debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.