[SANDY, 10/26/2017] – Filing for bankruptcy is a big decision. It is especially significant for a homeowner, who could face the threat of losing a property in the process. Utah Bankruptcy Professionals, PC understands the complexities and complications inherent in bankruptcy filing. As such, it assists individuals filing for Chapter 7 or 13 to save their homes.
Losing a Home to Bankruptcy
Chapter 7 is the most common form of consumer bankruptcy. Individuals who are unable to produce the required income to pay off debts but want them eliminated, qualify for this type of bankruptcy filing. This would involve seizing an asset to pay off a portion of their debts.
Chapter 13 is a different process as this involves working out a plan to pay off debt in three or five years. Individuals who file for this will not lose their property as long as they make their payments on time.
How Utah Bankruptcy Professionals, PC Saves Homes
Jody L. Howe, recognized in the bankruptcy community, helps clients with Chapter 7 and Chapter 13 bankruptcy cases in Utah.
The law firm says, “We can file your case immediately (within 24 hours if necessary) to stop foreclosure, garnishment, repossession, telephone calls, seizure of assets, Internal Revenue Service levies and lawsuits.”
The licensed attorney in Utah has represented thousands of individuals and companies, successfully helping them overcome complex financial difficulties, including saving businesses, reducing home mortgages, preserving assets, and most especially, saving their homes.
The firm has also defended homeowners facing wrongful foreclosure and modified mortgages with lenders.
About Utah Bankruptcy Professionals, PC
Utah Bankruptcy Professionals, PC is one of the best consumer bankruptcy law firms in Utah, serving Salt Lake City and Sandy. Judy L. Howe, who has been practicing law since 1985, owns the firm. The licensed attorney has worked in various practice areas, including bankruptcy, family law, personal injury, and estate planning. For the past 14 years, however, she has been concentrating on consumer bankruptcy law.
Visit the http://www.utahbankruptcy.com/ website today for further information.