[Sandy, 07/28/2017] - Utah Bankruptcy Pros provides help to clients who wish to get back on their feet financially thoroughly understand Chapter 7 and 13 bankruptcy, as well as the smartest move they can make according to their situation.

Chapters 7 and 13 Bankruptcy

Among the various types of bankruptcy, the most common are Chapter 13 or wage-earner's plan and Chapter 7 or liquidation of non-exempt assets.

Chapter 7 bankruptcy clears all unsecured debt such as medical bills, credit card bills, loans, and more. Any lawsuits associated with the debts will also cease following filing. This bankruptcy type involves making an inventory of personal property. When filing for Chapter 7, attorneys from the firm can help clients determine which properties are exempt and non-exempt. They will also help the clients determine if they are eligible to file by looking into their average monthly income and the duration of their residency in the state.

Chapter 13 bankruptcy, meanwhile, allows individuals to keep their assets at the end of the process, as long as they make overdue payments over a period through a trustee. The individual stays protected from debt collectors as he or she makes payments through the trustee.

Those who are looking to file for bankruptcy but are confused as to which type will be ideal in their situation may get in touch with the firm. Their attorneys make the process simpler, and they closely assist their clients so they can make informed decisions.

Be Relieved of Debt

The firm’s website integrates a Bankruptcy Law Handbook that provides interested individuals with additional information about how the ways they can be relieved of debt. Individuals may also find fillable and downloadable forms on the website so that they can begin the process.

About Utah Bankruptcy Pros

Utah Bankruptcy Pros a trusted bankruptcy law firm in the Sandy and Salt Lake areas, was founded by Jodi Lamb Howe. Jodi has over three decades experience in the field, arming her with ample knowledge of Utah laws. Jodi and her team have helped thousands of clients through their vast knowledge of laws and commitment to help the client get back on their feet in the soonest time possible.

For more information about the firm, visit their website at http://www.utahbankruptcy.com.