According to data from the American Bar Association, there were over 111,000 active members of the association’s Section on Business Bankruptcy in 2020. This section includes attorneys who practice in the area of bankruptcy and insolvency law, among other areas.
Filing for bankruptcy can be a difficult and stressful experience for some people. It is normal to have a range of emotions afterward. Here are some common feelings that people have told us they experienced after filing for bankruptcy:
The frequency with which you can file for bankruptcy in Utah depends on the type of bankruptcy you want to file and the timing of your prior bankruptcy filings.
If you’ve ever wondered, “Why file Chapter 13 bankruptcy?” This post might help. Before we can answer that question, however, we will need to learn more about what Chapter 13 Bankruptcy is and what it entails.
Before your consultation take a moment to refresh yourself on your current financial situation. How much debt are you in? How much is credit card debt? Student loans? Medical debt? What are your biggest financial assets? Have a general idea so that you can relay this information with a bankruptcy attorney in your consultation appointment.