No matter which bankruptcy you file for, it will show you how bankruptcy affects credit score. That affect be for the good or the bad. Whether it is a Chapter 7 bankruptcy or a Chapter 13 bankruptcy it will be how bankruptcy affects credit score. We find many of our client actually improve their… Continue reading How bankruptcy affects credit score
Category: Bankruptcy
What bankruptcy cannot do for you
Bankruptcy is not the silver bullet that will cure all your financial issues. Many people want to know what bankruptcy can do for them here is what bankruptcy cannot do for you. There are debts that bankruptcy cannot eliminate like student loans, child support, alimony and most secured debts. What bankruptcy cannot do for you and… Continue reading What bankruptcy cannot do for you
Saturday bankruptcy consultation
Have you ever wondered if bankruptcy was a solution to your problems? We are participating in the Saturday Bankruptcy Clinic this coming Saturday. This Saturday bankruptcy consultation will be FREE at our Orem location: 1215 S Main Street, Orem, Utah. We know that it is sometimes hard to take off from work and so we… Continue reading Saturday bankruptcy consultation
Bankruptcy for child support
Congress decided that child support is too important to be discharged in a bankruptcy. It is not possible to get a discharge in bankruptcy for child support. Child support has been granted a priority status in bankruptcy. As a result of that your child support will be placed in as a priority debt in… Continue reading Bankruptcy for child support
Bankruptcy who to contact
When considering to file bankruptcy who to contact is a big deal. Since bankruptcy is most likely one of the bigger financial decisions you will make in your life finding the right attorney to help is important. When your filing make the decision to consider bankruptcy who to contact is the logical next decision. You’ll… Continue reading Bankruptcy who to contact
Bankruptcy without assets
There is no requirement to have assets when you file bankruptcy so you can certainly file bankruptcy without assets. In a “No Asset” Chapter 7 bankruptcy case, the debtor doesn’t own any assets or property that the creditors can take therefore they have a bankruptcy without assets. The debtor possesses nothing that can be sold… Continue reading Bankruptcy without assets
Bankruptcy and tax refunds
Many people have questions about bankruptcy and tax refunds. Some come to see their income tax refunds as a type of yearly bonus. In reality these refunds are usually caused by having paid too much in taxes during the past year. Many times people come to rely upon these refunds for planned yearly spending to… Continue reading Bankruptcy and tax refunds
Bankruptcy when married
There is no requirement that you and your spouse jointly file bankruptcy when married. You can choose whether to file for bankruptcy with your spouse or as an individual. The decision on filing bankruptcy when married should be based on the in depth analysis of you financial condition however. It will usually depend on if… Continue reading Bankruptcy when married
Are bankruptcy proceedings public
A very common question that we get is are bankruptcy proceedings public ? Yes, you should be able to attend most bankruptcy meetings so again are bankruptcy proceedings public yes. The only times that bankruptcy proceedings will be closed to the public are when there is a party present that has an overriding interest and… Continue reading Are bankruptcy proceedings public
Bankruptcy without spouse knowing
While you have the legal right to file for bankruptcy without spouse knowing , practically it would be difficult to file for bankruptcy without your spouse finding out about you filing for bankruptcy. There will be mail and paperwork that comes to your home regarding your bankruptcy. There may be calls that come in and… Continue reading Bankruptcy without spouse knowing