Are bankruptcy proceedings held in federal courts? In Utah those courts are located in Salt Lake City and in Saint George, Utah. The clerk of the bankruptcy court is located at the court in Salt Lake at 350 South Main Street, Salt Lake City in the Moss Courthouse on the Third Floor. Bankruptcy is part… Continue reading Where are bankruptcy proceedings held
Tag: liquidation bankruptcy
Why bankruptcy is the best option
Bankruptcy helps people who can no longer pay their debts on their own get a fresh start by liquidating their assets to be able to pay their debts or by creating a repayment plan. These are called Chapter 7 bankruptcy and Chapter 13 bankruptcy respectively. Filing for bankruptcy will in most cases prevent your creditors… Continue reading Why bankruptcy is the best option
Which bankruptcy is the worst
This is an interesting question. Worst in what way? This is my first come back to such a question since if your are a creditor you probably think all bankruptcy is bad (if you are a creditor read about Chapter 13 – it is actually good for creditors). If you are a debtor, I take… Continue reading Which bankruptcy is the worst