Bankruptcy Attorney
Our Bankruptcy Attorney Can Represent You in Kaysville, UT
Filing for bankruptcy can be overwhelming, so you need Murphy & Murphy Law on your side. Our skilled bankruptcy attorney in Kaysville, UT, can guide you through the process while protecting your rights. Bankruptcy law is complicated. The rules change often, and making mistakes can hurt your case. But our legal team knows the ins and outs of bankruptcy court. We’ll help you achieve the best outcome possible for your circumstances.
Comprehensive Bankruptcy Services
Murphy & Murphy Law offers complete bankruptcy services for individuals and businesses. But every client faces different challenges, so we create custom solutions for each case. Our areas of expertise include:
- Case evaluation and consultation
- Document preparation and filing
- Court representation
- Creditor negotiations
- Asset protection planning
- Post-bankruptcy guidance
Which Type of Bankruptcy Is Right for You?
The type of bankruptcy you choose will depend on your income, debts, and goals. The most common bankruptcies we handle are:
Chapter 7 Bankruptcy
Chapter 7 bankruptcy is often called liquidation bankruptcy because it wipes out most of your unsecured debts in about four months. This option works well for people with limited income who cannot pay their debts. In Chapter 7, you may need to sell some assets to pay creditors. However, many people keep their homes, cars, and personal belongings through exemptions. Our attorney for Chapter 7 bankruptcy will help you keep your things.
Chapter 13 Bankruptcy
Chapter 13 bankruptcy is different. Instead of wiping out debts quickly, you will create a payment plan. This plan lasts three to five years and lets you catch up on missed payments while keeping your property. Our Chapter 13 bankruptcy attorney can help you create realistic payment plans. We’ll work with the court to ensure your plan fits your budget and meets legal requirements.
Business Bankruptcy
Business owners face special challenges in bankruptcy. Whether you run a small shop or a large company, we can help. Our business bankruptcy attorney services include:
- Chapter 7 business liquidation
- Chapter 11 reorganization
- Asset protection strategies
- Dealing with business creditors
What Happens After You File Bankruptcy?
Filing for bankruptcy starts an important legal process. Here’s what you can expect:
- First, the courts issue an automatic stay. This stops creditors from calling you or trying to collect debts. The stay gives you breathing room to work through your case.
- Next, you’ll attend a meeting of creditors. But don’t worry. This meeting is usually quick, and your attorney will prepare you for any questions.
- Finally, the court will either discharge your debts (Chapter 7) or confirm your payment plan (Chapter 13). Your attorney will guide you through each step.
Benefits of Hiring a Bankruptcy Attorney
Bankruptcy attorneys are often critical to the process. While you can file alone, having legal help offers major advantages
- Expert Knowledge – Bankruptcy law changes often. Attorneys stay current with new rules and requirements.
- Proper Filing – One mistake on your paperwork can delay or hurt your case. Attorneys know how to file correctly the first time.
- Protection From Creditors – Attorneys handle creditor communications so you don’t have to deal with collection calls.
- Better Outcomes – Experienced attorneys know how to protect your assets and get the best results possible.
FAQ About Bankruptcy
The following frequently asked questions about bankruptcy will help you better understand the process and make informed decisions.
Do I Qualify for Bankruptcy?
Most people with serious debt problems qualify for some type of bankruptcy. Chapter 7 has income limits, but Chapter 13 is available to almost everyone.
Will I Lose My Property or Assets to Bankruptcy?
Many people keep their homes, cars, and personal belongings in bankruptcy. State and federal exemptions protect necessary items.
What Debts Are Covered by Bankruptcy?
Bankruptcy eliminates most common debts, including credit cards, medical bills, and personal loans. However, some debts cannot be discharged, such as recent taxes, student loans, and child support.
Does Bankruptcy Ruin My Credit Forever?
Bankruptcy does affect your credit score, but the impact decreases over time. Chapter 7 stays on your credit report for 10 years, while Chapter 13 stays for seven years. Many clients start rebuilding credit within a few years of filing.
Contact Our Legal Experts Today
Murphy & Murphy Law brings years of experience and a track record of success to every case. When you work with our bankruptcy attorney in Utah, you can expect personal attention, clear communication, and flexible payment plans. You don’t have to let debt control your life any longer. We’ll help you get a fresh start. Contact us today to request a free consultation.