planning for bankruptcy

Because of abuses of the bankruptcy system in the past the current Bankruptcy Code is designed to penalize multiple bankruptcy filers. This multiple filing is called “serial filing” in the bankruptcy world. Individuals who are “serial filers” can lose important benefits in their bankruptcy – the most important of which is called the automatic stay – the act of stopping immediately a foreclosure, lawsuits or other collection activity.

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Medical Bankruptcy

Consequences of Bankruptcy. Bankruptcy information on your credit report may make it very difficult to get additional credit shortly after the bankruptcy is discharged — at least until the information cycles off your credit report. It will be important to begin rebuilding your credit right away, making sure you pay all your bills on time. You’ll also want to be careful not to fall back into any negative habits that contributed to your debt problems in the first place.

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Insiders Guide to Utah homestead law

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…

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One of the foremost questions in the minds of many people think about bankruptcy is  Can I file bankruptcy and keep my car?  For the majority of individuals owning a car is an absolute necessity. Unless you live in a large city how else would you be able to get to work or the grocery…

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When you file for a bankruptcy, your life can be affected in several ways. It can affect you both positively and negatively in some ways. Some of the positive effects of bankruptcy are that your debts will be under control and you can get instant relief from creditors, collecting agencies, and the debts that are…

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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…

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