The concept of bankruptcy law is one that dates back thousands of years, with roots in ancient civilizations and religious texts. The biblical origin of bankruptcy law can be traced to the Old Testament, specifically to the laws and practices of ancient Israel.
It’s important to note that the Utah bankruptcy discharge is not automatic and there are specific requirements that must be met in order to obtain it.
The waiting period on getting a loan after your bankruptcy can vary depending on a host of factors, but a big one is the type of bankruptcy you experienced. With a Chapter 7 bankruptcy, lenders typically wait two years after the date of discharge. As for Chapter 13 bankruptcy, you may be eligible for a VA loan just 12 months removed from the filing date.
We can learn a lot from Franklin’s perspective. Unhealthy spending habits, lack of discipline and debt can be very cancerous to our lives. So what else has he said on this topic? A well-known quote of his is as follows: “For age and want, save while you may. No morning sun lasts the whole day.”
Utah bankruptcy secrets should be known to everyone. We want to help you make smart financial decisions. Here are 5 bankruptcy secrets everyone thinking about filing for bankruptcy in Utah should know.
Sometimes you need the protection of the legal system in this country to get a do over. I find that most people by following some simple principles will thrive after bankruptcy. That is what we do at the Utah Bankruptcy Guy. Its our belief that tomorrow will be a better day and success is in your post bankruptcy future. We will give you the resources to come out of bankruptcy stronger and focused on a brighter tomorrow. Can I bounce back – of course you can!
Press Release Orem (UT) for immediate release: Today the Fourth Edition of the book on filing bankruptcy in Utah was published. The Insiders Guide: Getting a Fresh Financial Start in Utah has been in print since 2005. The book, by Utah Bankruptcy lawyer Douglas Barrett, has help thousands determine if filing bankruptcy was their best… Continue reading Book on Filing Bankruptcy in Utah
Bankruptcy wipes out some debts but it doesn’t wipe out all debts. When you are looking into bankruptcy you will want to know what kind of debts you have and what kinds of debts will and won’t be eliminated by bankruptcy. Some of the debts that a bankruptcy will be able to eliminate are credit… Continue reading Bankruptcy to get out of debt
Where to start your bankruptcy? The idea can be overwhelming and frightening. As you begin your journey to a financial fresh start its important to determine what is your financial goal. If you are thinking about bankruptcy it is safe to assume that you have been dealing with financial problems for a period of time… Continue reading Bankruptcy where to start