Filing for bankruptcy in Utah can have a long-lasting impact on your finances, so it’s important to choose the right person to help you with the process.
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When Does Bankruptcy Make Sense?
If you are facing a financial crisis, such as a job loss, illness, or divorce, bankruptcy may be the best option to get relief from your debts and get a fresh start.
Can a small business file bankruptcy?
Bankruptcy can have significant consequences for a small business and the business owner(s). There may be damage to its reputation and credit. It’s important to consider all options before filing for bankruptcy.
Benefits of Bankruptcy
While filing for bankruptcy will initially have a negative impact on a person’s credit score, it will also signal to creditors that the individual is taking steps to address their financial problems and regain control of their finances.
Keep My RV In Bankruptcy
Whether or not you will lose your RV if you file for bankruptcy depends on the type of bankruptcy you file and the laws of the state where you live.
Danger: Don’t Rely on Free Online Bankruptcy Advice
Information is good but remember you need to rely on a local experienced bankruptcy lawyer so you get the best legal outcome possible.
How do you get a bankruptcy discharge?
Unless there is litigation involving objections to the bankruptcy discharge, the debtor will usually automatically receive a discharge. The Federal Rules of Bankruptcy Procedure provide for the clerk of the bankruptcy court to send via US mail a copy of the order of discharge to all creditors, the U.S. trustee, the trustee in the case,… Continue reading How do you get a bankruptcy discharge?
Ways To Stop Foreclosure In Utah
Do you see a foreclosure on the horizon? Here are 5 ways to stop foreclosure before it starts. Foreclosure is a major crisis for most families in Utah. We can help. You have options to help keep you and your family from losing your home. You can get out of debt without losing everything!
Loan After Your Bankruptcy
The waiting period on getting a loan after your bankruptcy can vary depending on a host of factors, but a big one is the type of bankruptcy you experienced. With a Chapter 7 bankruptcy, lenders typically wait two years after the date of discharge. As for Chapter 13 bankruptcy, you may be eligible for a VA loan just 12 months removed from the filing date.
Top 10 Questions you may be asked at your 341 Meeting
Top 10 Questions you may be asked at your 341 Meeting of creditors in Utah. Working with an experienced Utah attorney will help you understand and know how to response to these inquiries.