Putting Your Life Together After Financial Challenges
Bankruptcy laws enable people to start over financially. Yet, so many people believe bankruptcy is negative or will reflect poorly on them. More so, people in financial trouble fail to take advantage of the help available because they worry about the possible adverse effects.
Everyone deserves a chance at a fresh start. With my assistance, clients throughout Salt Lake County, Utah County and the surrounding area can get back on track. I am bankruptcy lawyer Roger Kraft, and my practice provides exceptional legal services and advice to people dealing with financial distress.
What Happens After Bankruptcy?
There are many misconceptions and myths about what happens after you file for bankruptcy. When I meet with clients, I provide honest answers to their questions and concerns. I want to find creative ways to meet their needs and goals. Below are some realities of life after bankruptcy.
- You will have fewer debts or possibly none at all.
- You can likely keep your house and car.
- You could qualify for credit somewhat soon after bankruptcy because some lenders will see you as less of a risk.
- You can start over rebuilding your credit.
It is true that the bankruptcy will stay on your record — seven years for Chapter 13 bankruptcy and 10 years for Chapter 7 bankruptcy. Also, you would not be able to file for relief again through Chapter 7 for eight years.
The most important aspect of bankruptcy is that you will eliminate the creditor harassment, the worry, the anxiety and the feeling of being overwhelmed with no options for relief. It gives you a chance to truly start fresh.
If you have heavy debt, you are not alone. Learn more about the top three causes of bankruptcy in Utah.
Contact Roger A. Kraft, Attorney at Law, P.C. | Salt Lake City, Utah, Bankruptcy Help Attorney
To schedule a free initial consultation, call me at 801-871-8353 or 800-640-3207. You can also contact me online. Evening and weekend hours are available by appointment. My office is centrally located near all courthouses from Provo to Ogden. My rates are affordable, and I accept credit cards.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.