Chapter 7 bankruptcy is not merely a legal proceeding—it is a cornerstone of economic development in a free society. It reflects the belief that every individual deserves the chance to recover, rebuild, and reinvest in their future.
Category: Freshstart
Pro Se Bankruptcy Is a Bad Idea: 10 Reasons to Seek Help Instead
Filing for Chapter 7 bankruptcy can be a powerful tool for getting a fresh financial start—but going it alone, or filing “pro se,” without the help of a qualified bankruptcy attorney, can turn that opportunity into a costly mistake.
Renting After Filing Chapter 7 Bankruptcy in Utah
While renting a home or an apartment after filing Chapter 7 bankruptcy in Utah may require extra effort and planning, it is entirely possible. By taking proactive steps to rebuild your financial credibility, seeking out more flexible rental options.
5 Reasons Filing a Chapter 7 Bankruptcy for a Small Business in Utah Is a Good Idea
Choosing to file bankruptcy is never easy — but sometimes, it’s the most responsible and courageous decision a business owner can make. Chapter 7 offers a clear legal path to shut down a struggling business and move forward without the weight of crushing debt
Utah Medical Bankruptcy Your Best Option
Medical debt is a significant concern for many Utah residents. According to a 2019 survey, over 60% of personal bankruptcies in the United States are caused by medical expenses, and Utah is no exception.
5 Ways to Stop a Debt Collector
While debt collectors have legal rights to pursue repayment of debts, consumers also have rights that protect them from undue harassment.
Why $0 Down bankruptcy financing is never a good idea.
This may seem like a good solution at first, but in reality, financing a bankruptcy can have long-lasting negative effects. Here are several reasons why financing a bankruptcy can be a bad idea.
Utah Medical Bankruptcy
Although a Chapter 7 bankruptcy does not prevent individuals from incurring future medical debt, it can offer a much-needed break in the short term. Following the discharge of debt, individuals may be in a better financial position to manage any new medical expenses that arise.
How to Bounce Back after a Bankruptcy
A crucial part of bouncing back after Chapter 7 bankruptcy is rebuilding your credit. Although it will take time, you can start taking steps to improve your creditworthiness almost immediately.
Can Bankruptcy Really Be A Fresh Start?
Yes, a bankruptcy can potentially give you a fresh start, but it depends on your situation and the type of bankruptcy you file for. In general, bankruptcy helps people discharge or restructure their debts, offering relief and a way to rebuild financially.