Chapter 7 Bankruptcy in Utah
In these difficult and unprecedented economic times, sometimes you just need a fresh start. Chapter 7 is the vehicle for the honest but unfortunate debtor to obtain a fresh financial start. It stops aggressive collection activity, such as abusive phone calls and collection letters, lawsuits, foreclosures, and garnishments. Upon receiving a discharge in bankruptcy, your legal obligation to repay most debts is eliminated.
Some debts cannot be discharged in Chapter 7. Such debts include most taxes, criminal court fines and restitution orders, student loans, child support, and alimony. Also, debts incurred by fraud generally cannot be discharged.
To find out if Chapter 7 is right for you, call us today for a free consultation.