A Utah Chapter 13 bankruptcy is a good option for individuals who are struggling with debt. It allows individuals to keep their assets, provides a structured repayment plan, provides relief from creditor calls and collection efforts, can help improve their credit score, provides a fresh start, and gives individuals a sense of control over their finances.
If you’re caught in a financial tailspin, it can seem like there is no way to improve your situation. An experienced bankruptcy attorney can help you identify the right steps to take, even if you’re facing the prospect of losing your home.
May people confuse the difference between a bankruptcy discharge vs dismissal but they are two very different and distinct outcomes of bankruptcy. A bankruptcy discharge means that the requirements set out by the court have been met by the debtor(s) (the party filing the bankruptcy). In a Chapter 13 bankruptcy a discharge means that… Continue reading Bankruptcy discharge vs dismissal