Filing for bankruptcy will stop a civil lawsuit at least in the short term . The automatic stay is what will prohibit people from collecting from you and you will be protected from a judgment being entered in the lawsuit until a creditor takes the necessary steps to get a court order allowing them to… Continue reading Bankruptcy to stop lawsuit
Tag: provo bankruptcy
Why bankruptcy happens
Bankruptcy happens as a result of being insolvent, or unable to pay back your debts. Bankruptcy is a legal status that lasts for a few month to several years depending on the kind of bankruptcy you pursue. It is an alternative to get rid of debts that you are unable to pay by yourself. It… Continue reading Why bankruptcy happens
Why bankruptcy is important
Ever wonder why do we have bankruptcy and why it’s important? Bankruptcy is important because it is one of the few tools we have to free ourselves from financial enslavement. People who cannot work freely are unproductive yet when debtors become liberated from their debts they usually once again become productive and functional to society. … Continue reading Why bankruptcy is important
Bankruptcy when you own a home
Most of the time when you are thinking about bankruptcy it comes at a stressful point in your life. One of the principal worries is probably if you’ll be able to keep your home or not. This will depend on several factors including the type of bankruptcy you file. The good news is that with… Continue reading Bankruptcy when you own a home
The Utah Bankruptcy Attorney Near Me
Let us help you with your financial stress. The Utah Bankruptcy Guy now located in the heart of Utah County we help good folks in bad situations gain financial freedom. Since 2001 we have helped thousands of Utah families get back on their feet. We are offering free in office consultations to help with your… Continue reading The Utah Bankruptcy Attorney Near Me
What is the timeline for a Chapter 7 Bankruptcy in Utah?
Most of my clients have not previously filed for bankruptcy. One of the most common questions we get is about the general timeline and process for a typical Chapter 7 Bankruptcy. In general, Chapter 7 is the quickest bankruptcy to complete. The typical Chapter 7 case is completed within 90 to 180 days of the… Continue reading What is the timeline for a Chapter 7 Bankruptcy in Utah?