Category: orem bankruptcy

Is Bankruptcy Better than Foreclosure

When thinking “is bankruptcy better than foreclosure?”, at the end of the day you need to realize that while sometimes foreclosure might not affect your credit score as much, it still goes on your credit report, leaves you without your home and fails to settle all the other debt you might carry. Meanwhile bankruptcy affects all your debt not just the mortgage loan debt. Bankruptcy tends to be more global financial relief.

Should I file bankruptcy

When I talk with a potential client I tell people the facts and point them in the direction that would be best for them financially based on their needs, wants and goals. Just because you talk with me does not mean that you need to file bankruptcy – nothing is written in stone.

A Fresh Start

Ultimately, the point is that anyone can find themselves in a tough spot financially. The great news is that they can also rise above those circumstances and get a fresh start. If you are struggling financially, remember you can start over and bounce back.

How Much Does A Utah Bankruptcy Chapter 7 Cost

Life can bring some unexpected challenges. The stigma around bankruptcy still persists in some circles but the reality is that often circumstances arise that you have no control over. Maybe you were in a bad accident and the impact was twofold now that the medical bills are coming in. Perhaps a relative stole money from you, or you lost your job and are struggling to find another. Regardless of how you got in this situation, bankruptcy may be your best option.

How often can you file bankruptcy

Receiving a discharge of debts after filing bankruptcy can be a huge relief, but sometimes it might be only a temporary reprieve. As the years pass, the bills might start piling up again, and unexpected events like illness or layoffs can overwhelm your finances all over again. In these circumstances, the question “how often can you file bankruptcy?” is relevant.

Bankruptcy what will I lose?

If you’re caught in a financial tailspin, it can seem like there is no way to improve your situation. An experienced bankruptcy attorney can help you identify the right steps to take, even if you’re facing the prospect of losing your home.

Most people are waiting too long to file bankruptcy

Bankruptcy should not be the last resort when nothing is left to your name. If you put it off too long you might find yourself in a hole you’re unable to afford to dig yourself out of without time and serious self-discipline. Many of my clients here in Utah are surprised to learn that many of things they lost, just before they choose to file bankruptcy, could actually have been saved if we had talked just a bit sooner. Don’t let this be you.

Phone hearing 341 meeting

Utah phone hearing 341 meeting consist of multiple debtors, attorneys, trustees, and creditors on the same phone call. You attend your phone hearing 341 meeting by calling the number you will be provided by the bankruptcy court.

Bankruptcy: Can I bounce back?

Sometimes you need the protection of the legal system in this country to get a do over. I find that most people by following some simple principles will thrive after bankruptcy. That is what we do at the Utah Bankruptcy Guy. Its our belief that tomorrow will be a better day and success is in your post bankruptcy future. We will give you the resources to come out of bankruptcy stronger and focused on a brighter tomorrow. Can I bounce back – of course you can!