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A new place where friends represent you and challenge you legally.
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The New Firm
20349 New Place Dr
Call Now! 801-783-4211 |
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| By submitting this form, you understand that we are only conducting an initial review of your inquiry. We are not formally representing you at this time. The submittal of this form does not establish or constitute an attorney-client relationship between you and our firm. Use of the Initial Case Submittal Form in no way establishes any duty or responsibility on our firm to represent you in a legal matter or any proceeding based on the facts presented. |
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The New Firm - Aberdeen Bankruptcy Attorneys |
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Bankruptcy is the right choice when you are facing overwhelming debts. Many people can become paralyzed and ridden with anxiety about initiating bankruptcy because the process may seem too complicated and expensive. But a good bankruptcy attorney can ease the way out of a desperate situation. By filing for bankruptcy, you can resume your life without fear of harassment by creditors. You can rebuild your credit history and start with a clean slate.
Bankruptcy laws were created to protect people like you, who have been blindsided by divorce, medical bills, credit card debt, lawsuit judgments, loans, and even taxes. Once the debt begins to mount, you are faced with rising interest on the balance of your debt, combined with penalties. Creditors call you at work and your home, threatening you with garnishment of wages. Foreclosure proceedings might be underway. One of the most common bankruptcy mistakes is waiting too long to take action.
Get peace of mind by consulting a bankruptcy lawyer, who can explain your options. An experienced bankruptcy attorney has a solid background with both federal and state bankruptcy and debtor proceedings, and can explain the entire process to you. With help from a lawyer, you can avoid common bankruptcy mistakes, such as seeking to pay debts with your valued retirement pension.
A good attorney will explain the types of bankruptcy, and what the consequences are for choosing to file for Chapter 7 bankruptcy or Chapter 13 bankruptcy (the two most popular types of bankruptcy for consumers). You will be given the pros and cons of undergoing a liquidation or reorganization of your assets. In addition, consider the long-term implications of filing for bankruptcy, such as will you be able to use credit cards after bankruptcy? Homeowners have to consider the issue of losing their homes in a scenario that includes liquidation of assets.
The first step for an attorney is filing the proper bankruptcy forms at bankruptcy court. Then, you will have to undergo a series of court hearings. Because of the new bankruptcy law, most debtors will be required to undergo credit counseling. Once the bankruptcy is cleared up, you can begin your life anew.
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| Frequently Asked Bankruptcy Questions |
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