Utah Bankruptcy Planning Lawyer
While many people believe that filing for bankruptcy is the last step into financial ruin, few people know that it is one of the best ways to protect assets from being repossessed.
Therefore, it's a good idea to have a debt relief plan in place before you file. An experienced bankruptcy attorney can help you identify your goals and file a claim that protects the things you most care about.
Working Together to Protect Your Assets
Depending on your financial status and what chapter of bankruptcy you file, there are certain assets you could be eligible to keep.
The attorney of the firm can help your analyze your asset picture and advise you on the option that works best for you, and that may include ways to:
- Protect your house from foreclosure
- Keep your car and other material assets from repossession
- Prevent wage garnishment
- Hold onto your retirement accounts and life insurance policies
- Continue receiving unemployment benefits
As long as you can make your current house and car payments, and those assets have no equity, you can keep them. Should it become necessary to let certain assets go, we can help you prepare for the changes and discover other options that work for you.
The key to asset protection is honesty. With a clear picture of your situation, we can work together to protect the assets you want to keep. We will then help you develop a plan that works towards your goals. Our top priority is to help you obtain a fresh start toward a better future.
Experience
At The Law Office of Paul Toscano, PC, we have nearly thirty years of bankruptcy experience. We represent individuals and small businesses in Salt Lake City, Utah, and surrounding areas in every chapter of the Bankruptcy Code, including Chapter 9 (for debtors who are governmental entities). We will help you get the protection you need to prevent your essential assets from being seized by creditors.
Consumer and Commercial Debt Relief with Dignity
At The Law Office of Paul Toscano, PC, we offer debt relief through every chapter of the bankruptcy code. We offer the first consultation free of charge. To explore your debt relief options, call our law office at 888-509-3683, or send our Salt Lake City asset protection attorney an e-mail*.
*Please understand that we DO NOT become your lawyers just because you accessed our web site, or emailed us, or even attended a first free appointment with us. We do not become your lawyers until you sign a written contract with us that spells out the legal services we will provide and the estimated fees and costs you will pay.
WE ARE A DEBT RELIEF AGENCY. WE HELP PEOPLE FILE FOR BANKRUPTCY RELIEF UNDER THE BANKRUPTCY CODE.
