West Jordan, UT Bankruptcy Chapter 7 Attorneys

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West Jordan, UT Bankruptcy Chapter 7 Attorneys

Attorneys (4)

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  • Ryan E. Simpson
  • Member at Start Fresh Utah
  • West Jordan, UT U.S.A.
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  • Andrew B. Clawson
  • West Jordan, UT U.S.A.
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      88%
      Recommended
      (8)
    • Awards
      Gold Client Champion Gold Client Champion  
    • Peer Reviews

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    • Client Reviews
      88%
      Recommended
      (8)
    • Awards
      Gold Client Champion Gold Client Champion  
  • Robert S. Payne
  • Member at Robert S. Payne, Attorney at Law
  • West Jordan, UT U.S.A.
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      Recommended
      (2)
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    • Peer Reviews

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Bankruptcy Chapter 7

Chapter 7 bankruptcy, also known as "liquidation," is the most common form of personal bankruptcy used by individuals and married couples. Chapter 7 allows eligible debtors to surrender certain "non-exempt property" to the bankruptcy trustee assigned to oversee their case. Those assets are then sold, or liquidated, and the proceeds are used to pay creditors. Any remaining debt is discharged, or erased. Chapter 7 eligibility requirements vary from state to state, so people considering Chapter 7 are advised to hire a consumer bankruptcy attorney or law firm that has experience representing Chapter 7 filers.