Picture of Attorneys Mckail Hamilton & Russell W. Hartvigsen
THE LAST ATTORNEYS
YOU WILL EVER NEED

Is Bankruptcy Right for You? Ask Atticus Legal Group

If you are struggling with debt, and you find yourself unable to meet your monthly obligations because of your debt, filing for bankruptcy may be your only option to obtain a fresh start. Whether you file a chapter 7 bankruptcy (where you will discharge your debts, but may lose assets), or a chapter 13 bankruptcy (where you may receive a payment plan for debts), your final result should be debt relief.

Filing for bankruptcy will formally announce to creditors that you cannot meet your current debts and obligations and cannot foresee the possibility in the future. Because of your inability to pay these debts and obligations (often, because of unexpected medical expenses, loss of employment, and other recent changes in lifestyle), you are seeking relief.

Bankruptcy is not for everyone. If you have other available options to pay your debts (often, creditors will reduce the payoff amount), you should be aware of the alternatives and look into them before filing for bankruptcy. Success with alternative options can save your credit: rather than having a bankruptcy on your record, you will have a record of paying off your debt. At worst, you may find yourself filing for bankruptcy later on (while you are limited in the frequency of bankruptcies you file, you can certainly file for bankruptcy once, later than expected).

Your bankruptcy. Filing for a Chapter 7 or Chapter 13 bankruptcy can be a giant step in the right direction, providing you with a fresh start.

If your debts are primarily consumer debts (rather than business debt or government debt), you may want to file for bankruptcy under chapter 7. Should you be successful in filing your chapter 7 bankruptcy, your debts will be discharged (with the exception of some government debts, such as student loans); however, you may lose associated assets.

Under chapter 13, you will have an opportunity to save your assets. By filing under chapter 13, you may save your house from foreclosure. If you have secure debts, you may lower their payments by extending the payments over the life of the bankruptcy.

Regardless, before file for bankruptcy, you must decide if bankruptcy, and which type of bankruptcy, is a good fit for you. Atticus Legal Group should be your first call. With years of legal and litigation experience and litigation experience, you will have full confidence that we will take care for your situation.

Call Atticus Legal Group Today for your free consultation (801) 784-0529.

Client Reviews
★★★★★
Mckail is an amazing young attorney that knows exactly what to do. More knowledgeable than some of her peers that have been practicing for over 20 years. Very detailed oriented in the entire process. Has no problem confronting other lawyers when it comes to fairness of her clients. Would recommend to anyone going through a divorce to call Atticus Legal Group before anyone else.
★★★★★
Mckail Hamilton is professional, she has a great understanding of what the needs and wants of her clients are. She also is able to offer realistic expectations and she works hard to get things done in a timely manner. Mckail made this emotional process a lot more manageable for me. Thanks again. Amy M.