Salt Lake City, UT (PRWEB) March 27, 2014
Personal bankruptcy is a frightening prospect and any individual considering filing for it will clearly have questions. Attorneys Brian Arnold and Matt Wadsworth at Arnold & Wadsworth wanted to offer a risk free way for people to get answers to their particular bankruptcy questions. For this reason they've made all initial bankruptcy consultations free. Any individual thinking about declaring bankruptcy in Utah can go over the details of their situation with a bankruptcy expert who can offer guidance and advice. Appointments can be made on the website or by phone.
In the initial consultation with Salt Lake City bankruptcy attorneys Arnold & Wadsworth participants will learn about the different forms of bankruptcy, how each is employed, the relative advantages and disadvantages of each, and which one best applies to their situation. There are particular qualification criteria for both Chapter 7 and Chapter 13. A Chapter 13 bankruptcy is a restructuring of debt whereas a Chapter 7 bankruptcy is a chance to erase all debt. With the exception of child support, alimony and federally insured education loans, these two types of bankruptcy may be employed to restructure or erase most other obligations.
Historically, the most common bankruptcy questions center around houses and vehicles. The likely impact of a bankruptcy filing on a home, mortgage loan, car, car loan and other assets and debts will be described thoroughly by the bankruptcy attorneys during the consultation. Bankruptcy doesn't always mean that a family will have to leave their house. Paradoxically, for homeowners who have received a foreclosure notice, the bankruptcy process may be what allows them to stay in the home. The junction of bankruptcy law, foreclosures and loan modifications is extremely confusing. Any person who has received a foreclosure notice is highly encouraged to take advantage of the free consultation to learn how the law pertains to their situation.
The consultation will also cover the bankruptcy filing process so that individuals know what will happen if they decide to move ahead. Estimates on the duration of the case and probable fees will be supplied. Lastly, the specific services provided by a bankruptcy lawyer at each phase in the process will be explained.
More information about bankruptcy law and processes in Utah can be obtained on the Arnold & Wadsworth website. Any person who wants to ask specific questions about their situation should schedule a no-cost consultation.
About Arnold & Wadsworth
The law firm of Arnold & Wadsworth brings 35 years of trial practice and litigation experience to clients in the Salt Lake City and Odgen Utah areas. Arnold & Wadsworth is a general litigation firm with practices areas in bankruptcy, criminal law, family law and civil litigation. They are committed to handling each case efficiently and professionally and spending quality time with each client to assess individual needs during the consultation stage and throughout the case.
Partner Brian Arnold attended Gonzaga University of Law School, serves on the Board of Directors of the Utah Association of Criminal Defense Lawyers (UACDL) and is the Editor of the Utah Journal of Criminal Law. Brian has defended criminal cases that involve serious crimes including 1st degree felonies. Brian also practices in the areas of divorce, family law and civil litigation.
Partner Matt Wadsworth attended the Oklahoma City University School of Law. Matt practices in the areas of residential and commercial foreclosures, workouts, personal injury, real estate, landlord/tenant law, debt collections, loan fraud and bankruptcy.
Brian Arnold or Matt Wadsworth
Arnold & Wadsworth
510 South 200 West, Suite 200
Salt Lake City, UT 84101
Arnold & Wadsworth
298 24th Street, Suite 230
Ogden, UT 84401