Bankruptcy Attorney Utah Chapter 13
Bankruptcy Attorney Utah Chapter 13
In the dynamic system of personal finances, situations may arise that guide individuals in Utah towards the demanding journey of bankruptcy. Faced with burdensome debts, it becomes imperative to explore legal options, and Chapter 13 bankruptcy surfaces as a viable remedy.
This piece explores the function of a Utah Bankruptcy Attorney, illuminating the complexities of Chapter 13 and the advantages it holds.
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Chapter 13 bankruptcy, often recognized as the “wage earner’s plan,” furnishes individuals with a systematic framework for restructuring their debts and formulating a feasible repayment strategy. Under Chapter 13 bankruptcy, debtors propose a payment plan to settle a portion of their debts over 3-5 years. The filing of a Chapter 13 case triggers immediate and automatic protection from creditors.
This proactive step puts a halt to repossessions, foreclosures, evictions, attachments, and utility shutoffs. With robust safeguards in place, creditors are barred from taking further actions against the debtor or their property without explicit permission from the bankruptcy court. Notably, Chapter 13 enables debtors to retain their assets while charting a course to fulfil their financial obligations within a specified timeframe.
Who Can File Chapter 13 Bankruptcy in Utah?
Only an individual with a consistent income, who owes, at the time of filing the petition, an amount less than $383,175 in unsecured debt and $1,149,525 in secured debts, qualifies. The debts factored into these limits must be non-contingent and liquidated, indicating a specific, fixed amount (or easily determinable amount) and devoid of any conditions or genuine disputes. Debts that are legitimately disputed or not liquidated may be excluded from the calculations of the debt limits.
If you do not meet the eligibility criteria for filing Chapter 7, your sole alternative is Chapter 13, a highly effective option for numerous individuals. If your income surpasses the median in the six months preceding the bankruptcy filing, your attorney will assess your income and conduct the means test to determine your eligibility.
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Utah Chapter 13 Bankruptcy Attorney
The following bankruptcy lawyers specializes in Chapter 13 bankruptcy;
Matt Wadsworth completed his undergraduate studies at the University of Utah, earning a Bachelor’s degree in Economics and graduating within the top ten percent of his class. Subsequently, he obtained his Juris Doctor from Oklahoma City University School of Law, achieving a placement in the top third of his class. During his legal education, Matt received the Cali Award in Real Estate Finance and Development and secured the highest grade in Land Use and Development.
With a rich background in civil litigation and real estate transactions, Matt presently focuses on various legal areas in Salt Lake City, Ogden, and Provo, with an emphasis on Bankruptcy, Family Law, Divorce, Child Support, and Alimony. As a distinguished member of the Association of Family and Conciliation Courts (AFCC) in Utah, Matt is among the few who hold this prestigious affiliation. Annually, he handles approximately 100 bankruptcy cases, showcasing his extensive experience in adversary proceedings.
Matt’s accolades include multiple recognitions by Super Lawyers, earning distinctions such as Top 100 Trial Lawyer, Top 10 Utah Bankruptcy Attorney, and Top 10 Family Law Lawyer in various years.
His practice areas encompass:
Chip Parker, a consumer lawyer since 1992, specializes in consumer and small business bankruptcy, defending consumers against illegal debt collection activities. He manages two consumer bankruptcy law firms in Florida and Utah. Chip Parker is admitted to the bar in Utah and Florida, as well as the US Bankruptcy Court in Utah and the US Bankruptcy Court Middle District of Florida. He is also admitted to the US District Courts in Utah and Florida. Chip Parker holds a BSBA in Finance from the University of Florida (1989) and a JD from Stetson University College of Law (1992).
He is affiliated with professional associations such as the National Association of Consumer Bankruptcy Attorneys (NACBA), National Association of Consumer Attorneys (NACA), and Park City Bar Association. Chip Parker has received various recognitions, including AV Preeminent rated by Martindale-Hubbell, Super Lawyer designation by Thompson-Reuters, Distinguished Pro Bono Service Award by JALA, Ultimate CEO Award by Jacksonville Business Journal, Platinum Client Champion Award by Martindale-Hubbell, Avvo Client Choice Award, and NACBA Member of the Month.
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Roger A. Kraft
Dedicated to assisting individuals facing severe financial challenges, Roger A. Kraft, an adept bankruptcy and criminal defense attorney, also serves as a small claims judge in Salt Lake City, Utah. With a successful track record in handling Utah’s notable criminal cases, Mr. Kraft navigates the complexities of national and local media associated with such matters. In the realm of bankruptcy courts, he is renowned for his expertise in intricate chapter 7, chapter 13, and chapter 11 cases, adeptly defending debtors in challenging adversary proceedings.
Recognized as a seasoned litigator, Mr. Kraft consistently earns top ratings from clients for his knowledge, professionalism, and personal approach in each adversarial courtroom setting. His practice areas encompass Bankruptcy, including Chapter 11, Chapter 13, and Chapter 7 Bankruptcy, as well as Debt Relief. In Criminal Law, he specializes in Criminal Appeals, Drug Crimes, Expungement, Fraud, Gun Crimes, Internet Crimes, Sex Crimes, Theft, and Violent Crimes.
Gregory W. Stevens
Gregory W. Stevens, Esquire, brings a wealth of experience in private practice to assist you in overcoming life’s challenges. Committed to safeguarding your rights, he specializes in bankruptcy law, criminal defence, and family law. As a solo practitioner, Salt Lake-based attorney Gregory W. Stevens offers personalized and superior service tailored to your unique needs. Rest assured that your case will be handled with the utmost professionalism and care.
Practice Areas:
Bankruptcy
Criminal Law
Divorce
Family Law
Civil Rights
Domestic Violence
Jeff Butler
As a co-founder and equity member of Pearson Butler, Jeff Butler earned his Juris Doctorate from Brigham Young University’s J. Reuben Clark Law School. Afterward, he resided and worked in California before returning to Utah, where he has established and managed multiple businesses in both states. Jeff’s educational background includes a J.D. from Brigham Young University School of Law in 1998, an M.P.A. from Brigham Young University’s Romney Institute of Public Management in 1998, and a B.A. from Brigham Young University’s University Honors Program in 1994.
He is admitted to the California State Bar, the United States Supreme Court, and the Utah State Bar. Affiliated with the American Bar Association, the National Association of Consumer Bankruptcy Attorneys, and the Utah State Bar Association (among others), Jeff Butler specializes in;
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A Utah bankruptcy attorney that specializes in Chapter 13 can help people reclaim control of their financial lives. The route to financial restoration becomes more obvious with individualized repayment programs, asset protection, and expert coaching. If you are struggling with overwhelming bills in Utah, speaking with an experienced bankruptcy attorney may be the first step toward a healthier financial future. Hope the provided information is helpful, share your thoughts below in the comment section.
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