Top 3 Causes Of Bankruptcy In Utah
If you need to file for bankruptcy, you are not alone. Most people need debt relief for reasons beyond their control. Life becomes difficult in many ways, and sometimes problems pile up and have an overwhelming financial impact that requires legal help.
I am attorney Roger Kraft, and I am here to help you resolve your debt problems and lay the foundation for a stronger financial future. Remember, you don’t have to keep hanging from a cliff of massive debt. Let me lend a helping hand and guide you through the bankruptcy process.
For a free consultation, call me at 801-871-8353 or 800-640-3207, or complete my contact form. My law firm is located in Midvale, Utah, and I represent clients throughout the Salt Lake area, including Utah County, Salt Lake County, Tooele County and Summit County.
1. Job Loss
It can be impossible to pay your bills if you have lost your job, and people lose their jobs for all kinds of reasons, including health problems, economic downturns and family emergencies. Before you file for bankruptcy or take another course of action to address your debts, talk to me. I can assess your situation, explain your options and help you seek a solution that is right for you.
Financial problems are one of the leading causes of divorce, and divorce is a leading cause of bankruptcy. Before filing for divorce or personal bankruptcy, talk to me so I can help you develop the best possible strategy for addressing your debt problems. Every divorce and debt situation is different. The timing of the divorce and bankruptcy filings is important, as is the determination of who is actually responsible for the debts. Before you proceed without legal help, contact my office as soon as possible.
3. Medical Debt
It shouldn’t be, but medical debt is a leading cause of bankruptcy. Even a minor medical procedure can cost tens of thousands of dollars, and very soon medical debt can be financially devastating. Before you start paying your heavy medical bills and before you file for bankruptcy, talk to me. Filing for bankruptcy offers relief from medical debt, but it’s important to have a strategy in place before you file. I can explain your full range of debt relief options, including Chapter 7, Chapter 13 or Chapter 11 bankruptcy.
Contact Roger A. Kraft, Attorney at Law, P.C.
To set up a free consultation, please call me in Midvale, Utah, at 801-871-8353 or 800-640-3207, or complete my contact form. I represent clients throughout the Salt Lake area, including Utah County, Salt Lake County, Tooele County and Summit County.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.