planning for bankruptcy

Because of abuses of the bankruptcy system in the past the current Bankruptcy Code is designed to penalize multiple bankruptcy filers. This multiple filing is called “serial filing” in the bankruptcy world. Individuals who are “serial filers” can lose important benefits in their bankruptcy – the most important of which is called the automatic stay – the act of stopping immediately a foreclosure, lawsuits or other collection activity.

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Medical Bankruptcy

Consequences of Bankruptcy. Bankruptcy information on your credit report may make it very difficult to get additional credit shortly after the bankruptcy is discharged — at least until the information cycles off your credit report. It will be important to begin rebuilding your credit right away, making sure you pay all your bills on time. You’ll also want to be careful not to fall back into any negative habits that contributed to your debt problems in the first place.

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Many people want to know if they file bankruptcy what will happen to their house.  The treatment of your house in bankruptcy will be different depending  on which type of bankruptcy you end up filing. There are a number of types of bankruptcy.  The type of bankruptcy you file can be tricky decision and any…

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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…

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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…

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The new trend in the world of bankruptcy is to outsource case and/or document preparation to workers in far away countries.  Ask yourself is that how you want your Utah bankruptcy case prepared? Do you want your most personal financial information stored on computers located in Mexico, India, or China? Right now there is a lot of…

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