Bankruptcy Law

Bankruptcy Law

Salt Lake City Bankruptcy Lawyer

Bankruptcy is not a position that people want to find themselves in. Despite what we see on the news about people abusing the system to get out of paying their debts, most people wait much longer than they should before filing bankruptcy.

Bankruptcy is a legal way to resolve some of your debts if you find yourself in a situation where you can no longer afford to pay your necessary living expenses (food, rent, clothes, transportation, utilities, medical) and you have other non-necessary debts (credit cards, old medical, past judgments, repossessed cars, anything you are paying for you no longer have, use or need.)

Most people find themselves headed into bankruptcy due to circumstances beyond their control. It could be due to medical problems, loss of job, change in pay, family issues or one of many other problems.  Many of us live paycheck to paycheck and missing a week of work can start a domino effect that we just can’t recover from on our own.

So many people were raised that you are supposed to be financially responsible and you repay the money you borrow. This is great unless your attempts at doing so aren’t going to be successful and you harm your family and their future in that failed quest. As I mentioned before, the media acts like people go out and get thousands of dollars of goods and cash on credit cards, new cars, vacations and then file bankruptcy over and over to get stuff for free.The bankruptcy system already has rules in place to identify and deny relief to people trying to take advantage of the system.The people that get to me have usually tried everything they can to avoid bankruptcy. They often are working multiple jobs, have given up their cars, are living on cheap food like canned tuna fish and Ramon Noodles.They have already cashed in and spent their investment accounts. They have borrowed all they can from what their families can spare. They are taking out payday loans each week and from multiple locations and they’ve pawned everything they have of value. Then another event happens like a car accident sending them to the hospital and missing work. Another set of bills, missed work, and a missing paycheck. Then the loans default one by one, garnishments happen and the people are left with nothing and come to an attorney for help.

The truth is that once the people couldn’t pay their monthly bills without having to borrow from other sources they should have already talked to an attorney.  In the beginning, a bankruptcy attorney could help you avoid bankruptcy or at least help you plan for it to be over quickly so your family can move on without the horrors that go along with being in debt.  Unless you’ve been there you don’t understand the fear of your phone ringing, a stranger at your door, checking your bank balance to see if your money has all been taken, wondering if that stranger parked on the street is there to repossess your car, furniture, kick you out of your home, turn off your gas, electricity, water, (cable, internet are already long gone) or to serve you with a notice that they are going to start taking your paychecks. Bankruptcy is the legal and correct way to protect you and your family from the worst.

Did you know that the law lets you keep the necessary stuff your family needs to live? Most of your paycheck is protected along with future income, in most cases your retirement, 401(k), IRAs and similar have protection. You get to keep reasonable cars to get to work and emergencies, clothes, food, appliances, furniture, guns and more. These are examples of the items that people usually have either cashed in to pay never-ending interest on debts they can’t pay or have sold to pawn shops and such for pennies on the dollar. Having spoken to an experienced Salt Lake City bankruptcy lawyer early on could have helped make a plan of how to get out of debt, what assets to use and what to save, and a plan for bankruptcy as a last resort.

Being in debt to such an extent can cause massive amounts of stress that are harmful to your health, your marriage and relationships.  And no matter how much you try and hide this type of situation from your kids they know about it. Don’t let your family suffer and ruin your future over pride. Like I said earlier, most people are in this situation due to an event that was beyond their control. Some people are just bad with money and lived so close to the edge that they had no choice when the dominos fell. For those that lost a job, had a death in the family, a medical emergency or an accident, use the tools that have been provided to you.

You may be in this situation due to no fault of your own. Even with Obama Care giving you or forcing you to have insurance, most people are financially devastated with something like cancer, a major accident or other major medical. Even if your medical get’s paid (I still see cancer patients owing hundreds of thousands after insurance pays) you’ve still missed work and you probably won’t be back to full strength for years. Talk to our bankruptcy attorney in Salt Lake at InfiniTeam Legal Solutions, PLLC in the beginning so we can help you with avoiding mistakes. And let’s talk about how to avoid sticking all of this debt on your family if the worst should happen.

Our offices in Salt Lake City, UT provides legal services to the following counties: Davis, Weber, Cache, Morgan, Tooele, Summit, Iron and Washington Counties.


299 So. Main Street # 1300
Salt Lake City, UT 84111


UT: 801-889-2560
WA: 425-533-4476

Cell Phone / Text Messaging — 801-712-8990
Fax: 866-559-9014