Tag: bankruptcy

Who wins in a Utah Bankruptcy?

In a Utah bankruptcy case, it’s not a matter of “winning” or “losing.” Bankruptcy is a legal process that is designed to help debtors get a fresh start by eliminating or reducing their debts. The ultimate goal of Utah bankruptcy is to give the debtor a fair and equitable resolution of their debts

Utah Bankruptcy: Are there different kinds?

Each type of bankruptcy has its own eligibility requirements, process, and consequences.

Will my Ex find out about my Utah bankruptcy?

It’s worth noting that even if your Ex is not directly notified of your Utah bankruptcy, they may still find out through other means, such as through mutual friends or by checking your credit report.

How to rebuild after bankruptcy

Rebuilding your life after bankruptcy is a process that requires dedication, hard work, and patience. By following these steps, you can regain your financial stability and work towards a bright and secure future.

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.

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. 

Three Important Things Bankruptcy Can Do

As you start to think about bankruptcy, you should understand there are actually five types. For most people a couple of them will be your best option.  The first one and most common is Chapter 7

5 Ways Your Bankruptcy Could Be Denied

We always say it better to give too much information that too little.  You are seeking forgiveness of your debts and need to approach the process with clean hands.  Rest assured however that if you honestly disclose your required information you should have no problems with the bankruptcy court.