Utah Bankruptcy Lawyers

Filing for Chapter 7 bankruptcy in Utah means several things. First of all, it does eliminate much of your debt, but it doesn't wipe it all out. Things like alimony, child support, and government student loans will not be erased. Also, bankruptcy will stay on your credit report for seven to ten years, affecting any future lending. Once you file for bankruptcy (the cost of which, in Utah, is $299), your debts enter a period of automatic stay. All foreclosures against you will be frozen until your case is over.