STOP foreclosure, repossession, garnishment...
STOP foreclosure, repossession, garnishment...
PROTECT your home, car, property...
PROTECT your home, car, property...
GET Experienced Affordable HELP TODAY!
GET Experienced Affordable HELP TODAY!
Call us NOW for a FREE Consultation.
Call us NOW for a FREE Consultation.
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Utah Debtor's Legal Relief

47 North Main Street, Ste. 2
Kaysville, Utah 84037
Google Map / Directions

(801) 546-3874

Hours

Monday - Friday: 9am to 5pm
Saturday: Closed
Sunday: Closed

* After hours appointments are available

Payment Types Accepted

Cash, Check, Debit
Visa, MasterCard, Discover

Chapter 7 vs. Chapter 13


 

Chapter 7

Chapter 13

You can file once every 8 years

You can file even if you filed a Chapter 7 or 13 in the last 8 years

Immediately stops garnishments, collections, lawsuits, and harrassment by creditors.

Stops repossessions and foreclosures of secured property (ex. car and home), but may not be a permanent fix.

Immediately stops garnishments, collections, lawsuits, and harrassment by creditors.

Can permanetly stop repossessions and foreclosures of secured property (ex. car and home).

 

Once you file a Chapter 7 bankruptcy, the time period for being able to file another Bankruptcy case is longer as compared to having previously flied a Chapter 13.

Once you file a Chapter 13 bankruptcy, the time period for being able to file another Bankruptcy case is shorter.  This is helpful if the need should unfortunately ever arise again (ex. medical bills, etc...).

You can reedem or reaffirm debts which have collaeral associated with them (ex. vehicle, home, etc...)

Debts which have collaeral associated with them (ex. vehicle, etc...) are generally protected, provided for and satisified under the Debtor's bankruptcy plan.

You can surrender collateral associated with secured debts.

You can surrender collateral associated with secured debts.

The Trustee can take certain types of property from you.

Keep your assets.  The Trustee does not take property from you.

You cannot get a discharge from certain types of debts (ex. student loans, generally back taxes, prior child support and alimony that is owed, fines and restitution, fraud, and other types of debts).

You can often provide for the payment of certain types of non-dischargeable debts through a Chapter 13.

The goal is to get rid of most, if not all, of your dischargeable debt, and keep only those ones that you want to continue to pay on.

Through your bankruptcy plan, you can consolidate most of your debts into one manageable payment.

Not applicable

If you have a 2nd mortgage on your home, and your home has decreased in value, you may be able to erase your 2nd mortgage through the bankruptcy plan.

The length of time is typically 6 months from beginning to end, if no creditors object to your discharge and if the Trustee does not take any of your property.

The length of time to pay debt is typically streached out over 36 months to 60 months,

You can convert the Chapter 7 to a 13 if you need to prior to the case being closed.

You can convert the Chapter 13 to 7 if you need to, and add any new debt that you incurred since you filed the Chapter 13.

Need to stay current on the payments for the debts you want to reaffirm.

Except for those debts which will be paid outside the plan (ex. post filing mortgage payments, alimony payments, child support payments, and other types of debts as your attorney advises), your first payment under the plan is due 30 days after your file your bankruptcy plan.

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