Brian D Johnson Express Bankruptcy

Write a Review801-394-2336

CLOSED NOW - Opens at 9:00am

We Provide Bankruptcy Services For Businesses and Consumers. We are a debt relief agency; we help people file for bankruptcy relief under the Bankruptcy Code. Chapter 7: Also known as complete liquidation or "straight" bankruptcy, a Chapter 7 bankruptcy allows businesses and individuals to surrender non-exempt property and eliminate debt. Harassing creditors stop contacting you as soon as you file. When you file a Chapter 7 bankruptcy, a Trustee is assigned to your case to liquidate non-exempt property, while you keep exempt property. Most Chapter 7 cases are no asset cases, in which debts are eliminated without repayment. According to federal bankruptcy laws, you can receive a discharge of most debt not secured by property, such as credit card debt, medical bills, and many types of business debt."Secured" debt can also be eliminated, but the collateral -the house, property, or car may be reclaimed by creditors or sold by the Trustee. Some types of debt cannot typically be discharged through a Chapter 7 personal bankruptcy, including student loans, trust fund taxes, recent income taxes, and child or spousal support. Call today. Our friendly associates can assist with you personal situations. Chapter 11: Designed specifically for businesses, a Chapter 11 bankruptcy provides your business a reorganization plan to restructure its debts and get out from under certain troublesome contracts or leases.