[SANDY, 12/18/2017] -- Utah Bankruptcy Professionals offers legal advice on filing for bankruptcies and securing assets so that individuals without a background on the matter won’t be overwhelmed by the breadth and scope of bankruptcy laws.It focuses on the most common types of bankruptcies, Chapters 7 and 13. Utah Bankruptcy Professionals handles cases for both individuals and businesses, including retailers facing bankruptcy.

Peak Numbers for Retail Bankruptcies

The American Bankruptcy Institute (ABI) stated that retail bankruptcies are nearing record high numbers since the recession. As of June 2017, about 300 retailers filed for bankruptcies, an increase of about 31% from the same time last year.

Major retailers are not immune from the trend; the S&P Global Market intelligence reported that 35 major retailers joined the roster by September, including Toys “R” Us, Gymboree, and The Limited. Because of peaking figures, Investopedia, an online resource for financial information, dubbed 2017 as the year of retail bankruptcies.

Filing Bankruptcies with Utah Bankruptcy Professionals

Retailers who face financial problems can trust Utah Bankruptcy Professionals to help them go through tough times. With extensive knowledge and experience in handling bankruptcy cases, its lawyers provide personal yet professional services, understand the clients’issues, find the optimum solutions to their problems, and guide them in filing for the right bankruptcy type.

It files its clients’ cases immediately to prevent foreclosures, repossessions, seizure of assets, levies, and lawsuits. Apart from legal counsel, the law firm also provides relevant information through its Utah Bankruptcy Law Handbook and other downloadable forms on its website.

With its services, Utah Bankruptcy Professionals help individuals and businesses achieve financial security. Clients who are interested in their services will receive a free first consultation.

About the Law Firm

Utah Bankruptcy Professionals has been handling bankruptcy cases in Utah for more than 20 years. Its founder, Atty. Jody Lamb Howe, is a member of the National Association of Consumer Bankruptcy Attorneys, and Utah Bankruptcy Lawyers Forum, among others.

For more information, visit http://www.utahbankruptcy.com.