Utah bankruptcy is a legal process that allows individuals or businesses to eliminate or repay their debts under the protection of the court. It’s not a decision to be taken lightly, and there are various factors to consider before filing for bankruptcy.
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Bankruptcy the best place to start
We understand how overwhelming the process can feel, so another great thing to do is get a head start on gathering all of the paperwork that you will need for your case. For example:
How bankruptcy stops foreclosure
First lets establish that foreclosures don’t happen overnight, it is usually after 3 or 4 missed payments on a mortgage that lead to a foreclosure action being filed. Foreclosure is the action a lender takes to obtain possession of the property that the loan was secured upon. For most people when they talk about… Continue reading How bankruptcy stops foreclosure