Here’s the thing, if you’re about to get married you’re smart to take time to strategize financially. Taking a large amount of debt into a marriage can be destructive on many different levels. One of the leading causes of divorce is money problems so it is defiantly wise to consider your options before you tie the knot.
Category: Utah Chapter 7
Reasons to File for Bankruptcy in Utah
Believe it or not, when it comes to current primary causes of bankruptcy, the economic impact of Covid-19 is not what leads to most bankruptcy right now. The main reasons to file for bankruptcy in Utah tend to be things such as payday loans, co-signing for other people, trying to aid grown children with too much financial help, medical debt,
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.
Bankruptcy Changes Due to Covid-19
Let’s face it the world changed in early 2020 as the Covid-19 virus got loose. The bankruptcy world has had to adapt and change as well in these challenging times. Many of the changes I feel will be here for a long time. The constant that I see is you have not lost the ability to file bankruptcy its now just changed how it is being handled by the courts and law firms. At the Utah Bankruptcy Guy we have adapted to this new environment. Now might be the easiest it has been to file bankruptcy in the past 15 years.
When to Move Forward with Bankruptcy
When to move forward with bankruptcy is an individual choice of course but if your financial problems are growing and you are not seeing daylight ahead bankruptcy might be the best options. Working with an experienced attorney can help you get on the right track. We tell many people we talk to after the first consultation that bankruptcy for them is a bad idea. Seek out an honest bankruptcy lawyer and have them walk you through your options you might be surprised how quickly you can turn you finical problems around.
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.
Utah Debt Lawyer
Excessive debt causes problems. Excessive debt causes stress. Excessive debt is one on the main causes of divorce. Excessive debt can be dealt with. A Utah debt lawyer can help you deal with your debts. The Utah Bankruptcy Guy team deals with excessive debt every day using federal laws to help you get your life back. Using bankruptcy the team at the Utah Bankruptcy Guy has helped thousands of Utah families eliminate excessive debt
Three Ways Your Bankruptcy Can Be DENIED
This list may make the process of filing for bankruptcy sound rather intimidating. You might be asking “well, how will I know if I did one of those things?” The first step is to ensure that you don’t go through this process alone. Hiring an attorney is your best defense to being greeted by unpleasant surprises in court. An experienced attorney will know what questions to ask you in order to ascertain if you might be in one of these categories, and how to help you safely navigate your bankruptcy filing.
Divorce or Bankruptcy First
The different stages of divorce affect some of your options within bankruptcy which you should make your attorney aware of. For example: Are you already divorced? Are you separated? Are you meeting with divorce attorney right now? These and other scenarios ultimately affect filing and whose stuff is affected.
File Bankruptcy Fast In Utah
We firmly believe in quality consultations; during a consultation appointment individuals should have questions answered and get a good understanding of what the bankruptcy process entails for them. A consultation should answer all your questions based on your unique and current situation.