How Can Bankruptcy Help You?
Helping Salt Lake City Clients Get Out of Debt Since 1987
For many, bankruptcy is a last resort and a choice for when all others options have been exhausted. At the Law Office of Sherri Flans Palmer, we agree that bankruptcy is a serious decision that should not be taken lightly, but that bankruptcy relief can also help many individuals and families who are dealing with large amounts of debt.
The goal of bankruptcy law is to give people a fresh start for their financial future. Bankruptcy relief allows people who file to discharge their current debts and no longer be obligated to those debts.
Take the stress out of your financial life and contact our law firm online or call 801-965-1787. At our first appointment, we will discuss your situation and your options to figure out if bankruptcy is the right option for your case.
If you are not an appropriate candidate for bankruptcy relief, lawyer Sherri Flans Palmer will be honest and upfront with you. You may also be a good candidate for debt negotiation, which is helpful for those who do not qualify for Chapter 7 bankruptcy or are looking to avoid bankruptcy.
Learn more about debt negotiation here.
Two Good Reasons for Bankruptcy
There are two main reasons to file for bankruptcy: mental stress and marital stress. Your mental health and your family are more important than money, and if you are at the point where those items are in jeopardy, you should do something about your debt. Bankruptcy can relieve your stress in your personal life, work life and your family life.
You can start rebuilding your credit quickly after filing for bankruptcy relief. Loans may be available soon after filing, although some will have higher interest rates. FHA loans, HUD loans and Veterans' Administration loans may be available within a year to two years.
Contact our Firm
To discuss whether or not bankruptcy could be helpful for your situation, contact attorney Sherri Flans Palmer by e-mail or by telephone, toll free at 801-965-1787. Our firm serves clients in Salt Lake City and throughout Utah.
