[b][Ogden, March 11, 2016][/b] - Godfrey Law, a trusted law office in Ogden, provides legal assistance regarding personal bankruptcy in Utah. Headed by Atty. Ted Kenneth Godfrey, the office puts emphasis on Chapters 7 and 13 of the Utah bankruptcy code. They also provide assistance on business bankruptcy and garnishment, as well as other legal matters.

[b]Bankruptcy in Utah[/b]

Many struggle with being unable to pay their debts within a reasonable amount of time. Because of this, they consider filing for personal bankruptcy. If one owes more than he is able to pay, the legal measure may be right for the person. There are several considerations in personal bankruptcy, however. Atty. Godfrey lists some of them:

• When declaring bankruptcy, it is important to ask how much one actually owes. Upon answering this, it will be easier to address other issues.
• Determining the kinds of debts helps lawyers give the right assistance to the client.
• One’s current income and ability to pay off the debt after filing for bankruptcy allow both client and lawyer to assess the situation better.

[b]Chapter 7 and Chapter 13 of the Bankruptcy Code[/b]

Once these questions are thoroughly evaluated, the client may be able to know what type of bankruptcy he can file under for positive results. Godfrey Law puts emphasis on two chapters of the bankruptcy code in Utah – Chapter 7 and Chapter 13.

• Chapter 7 - It is a legal way to manage debt. If the individual is incapable of paying his debts with his current income, Chapter 7 may be ideal for him. It can keep other parties from harassing, calling or asking payment from the individual.
• Chapter 13 - Making a declaration under Chapter 13, on the other hand, entails making payments on an installment basis. Through it, debtors can come up with plans to repay their debts, usually within 3-5 years. Chapter 13 is ideal for those facing impending foreclosure, as declaring bankruptcy under it allows the debtor to keep his home.

As a dedicated bankruptcy lawyer, Atty. Godfrey gives a thorough assessment of his client’s situation to see which measure works best for him. He also explains all the necessary details to clients to make sure they know what’s in it for them.

[b]About Godfrey Law[/b]

Godfrey Law is a reputable law office in Ogden, Utah. Atty. Ted Kenneth Godfrey, a skilled lawyer who has more than 30 years of experience, heads the office. They provide assistance on a wide range of legal matters, giving positive results to their clients. For more information, interested parties may visit http://www.godfreylawyers.com.