What are the consequences of filing for bankruptcy under Chapter 7 or Chapter 13?

 

What are the consequences of filing for bankruptcy under Chapter 7 or Chapter 13?
Profile photo for Tim Cella
Tim Cella
used to work at several law firms

The main consequence of filing for bankruptcy under Chapter 7 or Chapter 13 is that it will have a negative impact on your credit score.

This can make it difficult to obtain credit in the future. Additionally, you may still be liable for certain debts that are not discharged in a bankruptcy, such as student loans and alimony.

Also, filing for bankruptcy may limit your ability to purchase a home or a vehicle and may make it difficult to get certain types of employment.

I’ve always found it best to talk to someone about it.

Give this bankruptcy law firm a call to find out more and have a free consultation:

Ascent Law LLC

8833 S Redwood Road Ste C

West Jordan UT 84088

(801) 676-5506

Bankruptcy Lawyer - (801) 676-5506 - Free Consultation
Do you need a bankruptcy lawyer? If you do, call Ascent Law for your Free Consultation (801) 676-5506 - We are here to help you.
https://www.ascentlawfirm.com/bankruptcy-lawyer/

Location: Salt Lake City, UT, USA

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