The Law Offices of Jeremy D.
Eveland, PLLC A Professional Limited Liability Company
Bankruptcy Law
Have you been thinking about bankruptcy?
For a Free Consultation with an Experienced Bankruptcy
Lawyer -
It's true, the Federal Bankruptcy laws changed on October 17, 2005 -- making
it harder for people to file bankruptcy. The new law is "creditor
friendly" but isn't all bad. There is some good -- like making child
support a priority debt to be paid.
The Law Offices of Jeremy D. Eveland, PLLC helps people throughout
Utah file bankruptcy when their debts exceeds income. We can help you.
Listen to Jeremy as he explains some questions you should
consider before you file for bankruptcy . . . just click on the
"play" button below...
There are several option in bankruptcy law. To save
your home from foreclosure, you should probably file under
Chapter 13. In a Chapter 13 case, the debtor files a
bankruptcy petition with schedule of assets and liabilities and
statement of financial affairs, along with a Chapter 13 plan.
The plan provides for repayment of the debtor's debts over a 3-5
year period, from the future earnings of the debtor. A trustee
is appointed to receive payments from the debtor and disburse
them to creditors. The debtor remains in possession of all of
his property, exempt and non-exempt. Upon completion of payments
under the plan, the debtor typically receives a discharge, even
if he has paid less than 100% of the debt. Certain debts,
however, must be paid in full to be discharged, such as:
* Certain child and spousal support debts
* Restitution orders and criminal fines
* Debts caused by the debtor’s drunk driving
* Most student loans
* Recent taxes
The debtor attends a meeting of creditors. Creditors are not
entitled to vote on the plan, but are allowed to file objections
to the plan if they believe that the plan does not comply with
Chapter 13 requirements. When you file a bankruptcy with
our office, you don't have to fill out any forms and if you file
a Chapter 13, you only have to pay the filing fee upfront.
If you or a member of your family needs the services of an experienced
bankruptcy attorney, please contact Jeremy Eveland at the The Law Offices of Jeremy D.
Eveland, PLLC. I am committed to helping you keep your home in stressful
times. You will probably feel better after you speak with
us
This web site is designed for general information
only. The information presented at this site should not be construed
to be formal legal advice nor the formation of a lawyer/client
relationship.