Social Security benefits are considered exempt property under federal law and are protected from creditors in bankruptcy.
Tag: Chapter 7 bankruptcy
10 things everyone looking into bankruptcy should know!
While bankruptcy can be a challenging process, it can also offer a fresh start for individuals or businesses struggling with debt.
$0 Down Bankruptcy – Think Twice Utah.
While the idea of a “$0 down” bankruptcy may seem appealing, there are several potential drawbacks to be aware of.
Involuntary Bankruptcy: Utah Bankruptcy
Involuntary bankruptcies are relatively rare in Utah and are typically only used in situations where creditors believe that the debtor is purposely avoiding their obligations or engaging in fraudulent behavior.
Religion, Morals, Death and Bankruptcy: Utah Bankruptcy
It’s important to keep in mind that religious leaders are not financial advisors or legal professionals, so they may not be able to offer specific advice related to bankruptcy. If you have questions or concerns about your bankruptcy filing, it’s important to speak with a qualified bankruptcy attorney or financial counselor.
Five ways to get a home after a Utah bankruptcy.
Filing bankruptcy is a big decision. What you do after you file bankruptcy is very important. Getting into a home is a life long goal for many people. You sometimes need a little bit of help to know whot to do after a bankruptcy to achive your finacial goals. Thats what we try and help clients achieve. Thats why I wrote the book LIFE AFTER BANKRUPTCY: The Game Plan to Rebuild, Restore and Renew Your Credit After Bankruptcy!
Expunge a Utah Bankruptcy?
Expunging a Utah bankruptcy, or completely removing it from your credit record, is generally not possible. Bankruptcy is a legal process that is a matter of public record, and credit reporting agencies are legally required to report it on your credit report for a certain period of tim
Reverse Mortgage: Utah Bankruptcy
If a homeowner with a reverse mortgage is facing financial difficulties and is considering bankruptcy, there are several factors to consider.
Why isn’t bankruptcy free?
Utah bankruptcy lawyers charge fees for their services, which typically include preparing and filing the bankruptcy petition, representing you in court, and providing legal advice throughout the process.
Chapter 7 Bankruptcy vs Chapter 13 Bankruptcy
Chapter 7 and Chapter 13 are two types of consumer bankruptcy under U.S. law. Both are designed to help individuals struggling with debt to either eliminate or reorganize their debt. The main differences between the two are outlined below.