Bankruptcy when you own a house

Many people want to know if they file bankruptcy what will happen to their house.  The treatment of your house in bankruptcy will be different depending  on which type of bankruptcy you end up filing. There are a number of types of bankruptcy.  The type of bankruptcy you file can be tricky decision and any… Continue reading Bankruptcy when you own a house

Bankruptcy versus credit consolidation

Credit consolidation can be one way to work out your existing debts and possible save you some money on the repayments of those debts. Consolidating debts mean you take multiple payments that are due and combine them into one monthly or weekly payment. There are different pros and cons to credit consolidation. You may be… Continue reading Bankruptcy versus credit consolidation

Bankruptcy when unemployed

For some reason that I have not been able to determine there is a rumor floating around that you need to employed to file for bankruptcy protection.  There is no requirement under the Bankruptcy Code to be employed to get protection of the bankruptcy court.  So rest assured that you can still file for bankruptcy… Continue reading Bankruptcy when unemployed

How bankruptcy affects a cosigner

Ever wondered how you filing for bankruptcy might affect someone who has cosigned a debt with you?  Many people use a co-signer to purchase all types of things.  for the most part this is done because they have little or nor credit history or the credit history that they have is in very bad shape. … Continue reading How bankruptcy affects a cosigner

Which bankruptcy is better to file?

A common question that I am asked is which bankruptcy is better to file?  As I am sure you understand this is loaded question.  Each type of bankruptcy addresses a different type of financial need. The first step in filing bankruptcy with our office is a consultation with the attorney. During this consultation the attorney… Continue reading Which bankruptcy is better to file?

Bankruptcy when can I buy a house

Bankrupt so when can I buy a house?     So you want your dream home – but you just filed for bankruptcy – what can you do?  Typically it takes about two years after a bankruptcy discharge to be able to get a low interest mortgage.  In most cases government back lenders through FANNIEMAE… Continue reading Bankruptcy when can I buy a house

Bankruptcy who qualifies

  Bankruptcy who qualifies:   If you answer yes to any of the following questions it may be an indicator that you qualify for bankruptcy. Bankruptcy who qualifies : 1. Are you a single individual or family with one income and more than $3000 dollars in unsecure debt? 2. Are you a two income family… Continue reading Bankruptcy who qualifies

The Utah Bankruptcy Attorney Near Me

Let us help you with your financial stress.  The Utah Bankruptcy Guy now located in the heart of Utah County we help good folks in bad situations gain financial freedom.  Since 2001 we have helped thousands of Utah families get back on their feet.  We are offering free in office consultations to help with your… Continue reading The Utah Bankruptcy Attorney Near Me

The bankruptcy where you pay back

Most people do not realize that there are actually five different types of bankruptcy.  Most of time when someone hears the word “bankruptcy” they assume you are talking about Chapter 7 bankruptcy the one where you eliminate your debts and possible lose all your assets.  The majority of bankruptcy cases filed are this kind of… Continue reading The bankruptcy where you pay back

What is the timeline for a Chapter 7 Bankruptcy in Utah?

Most of my clients have not previously filed for bankruptcy.  One of the most common questions we get is about the general timeline and process for a typical Chapter 7 Bankruptcy.  In general, Chapter 7 is the quickest bankruptcy to complete.  The typical Chapter 7 case is completed within 90 to 180 days of the… Continue reading What is the timeline for a Chapter 7 Bankruptcy in Utah?