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
Category: Utah Bankruptcy
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
Who pays the bankruptcy trustee
The answer to this common bankruptcy question is that it depends on what kind of bankruptcy you are filing. In bankruptcy there are a number of different trustees – and it can sometimes get confusing if you don’t deal with them everyday. There are Chapter 7 Trustees, Chapter 11 Trustees, Chapter 12 Trustees, and Chapter… Continue reading Who pays the bankruptcy trustee
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?