The idea that Shakespeare is illustrating in Hamlet relates very closely to the modern day concept of being a cosigner to someone else debt. Ever wonder what happens if the guy you cosigned with filed bankruptcy? How does cosigners and bankruptcy work? Let the Utah Bankruptcy Guy explain:
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No Money Left
Large corporations understand the benefits of bankruptcy and may utilize it to keep their company afloat. However, the average person doesn’t usually know that when they have no money left, bankruptcy is actually a safety net. The Utah Law Office of Douglas Barrett offers free personal bankruptcy consultations to discuss what strategies are best for you in your financial situation
5 Bankruptcy Terms You Need to Know
Learn these 5 bankruptcy terms you need to know and you be ahead of most non attorney participants in the bankruptcy court system. Using an experienced bankruptcy attorney to help you navigate a complex court system will save you time and money in most circumstances.
Prepare Bankruptcy Papers Fast
In order to prepare Bankruptcy papers fast, getting together information and documents for your attorney can take a lot of time. But it doesn’t have to be that way.
Bankruptcy How Does it Work?
Before your consultation take a moment to refresh yourself on your current financial situation. How much debt are you in? How much is credit card debt? Student loans? Medical debt? What are your biggest financial assets? Have a general idea so that you can relay this information with a bankruptcy attorney in your consultation appointment.
Bankruptcy in 2021
Bankruptcy in 2021 still spans the time of the Covid-19 pandemic. Last year many of my clients were able to start the bankruptcy process ahead of the curve because they were able to use a portion of their stimulus checks to cover court and attorney fees.
Bankruptcy to Stop Foreclosure
Bankruptcy to stop foreclosure is the legal means to help you preserve your property. Bankruptcy can be a safe and affordable way to rebuild your financial life after a trying period of time. Help is out there so reach out to an attorney that can help you in your time of need
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 During Quarantine
Bankruptcy during quarantine changes have been much the same as the other changes in society. Bankruptcy lawyers have been considered essential workers in Utah and most bankruptcy court sessions and hearing meetings continue however they are now usually on the telephone. Utah bankruptcy during quarantine currently involves 341 meeting of creditors over the phone. At our office, open hours have maintained the same, as of the number of staff answering calls, arranging appointments and preparing bankruptcy cases. We offer, and will continue to offer free virtual consultations using Zoom or Skype. Much of the paperwork during bankruptcy in quarantine is the same but has been transposed to an online fillable format. In several cases bankruptcy during quarantine has eased the bankruptcy process overall as electronic and virtual features have sped up the process and eliminated travel time for clients to attend hearings.
Bankruptcy Discharge Papers
After you have gone through the process of filing for bankruptcy, attending your creditor meeting hearing, and followed all other instructions given to you by your attorney, the trustee, and the court, your case will eventually be discharged and will receive your bankruptcy discharge papers.