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Posts Tagged ‘utah bankruptcy guy’

Bankruptcy who knows

Bankruptcy who knows

So bankruptcy who knows? Obviously anyone you owe money to at the time you file will need to be notified. Creditors are notified since payments to them will likely be affected by the bankruptcy proceedings. However other than creditors and your attorney very few other will be notified of you case filing. Even though bankruptcy filings are a matter of public record, they are usually not publicized unless the individual filing is a public figure.

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How will bankruptcy affect my mortgage?

affect of bankruptcy

A Utah bankruptcy might actually help you to keep your home. Chapter 13 and to some extent Chapter 7 provide ways for you keep your home. Although, you cannot just file for bankruptcy protection and not inform your mortgage lender, you can treat how the loan is treated during a bankruptcy case and there are ways to assure the lender that you will be keeping the home and making the mortgage payment.

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Bankruptcy where to file

Bankruptcy where to file? This question could be answered two different ways; hopefully one of which is the answer you are looking for! To begin with, your bankruptcy case will be filed with the federal district court of the location you have lived in for the past 180 days

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Consequences of Bankruptcy

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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The Utah Homestead Exemption

Insiders Guide to Utah homestead law

The term “Utah bankruptcy exemptions” refers to assets that you get to keep when you file bankruptcy. In Utah, as a practical matter, most people keep all their assets when they file bankruptcy if they do a reasonable amount of legal pre-bankruptcy planning.

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Which bankruptcy eliminates all debt

Insiders Guide to Utah homestead law

If you’re hoping that bankruptcy is a quick way to have your debts discharged without having to pay another cent or lift a finger, you can be disappointed if you don’t know the facts. Which bankruptcy eliminates all debt? Well Chapter 7 bankruptcy, the most common type of consumer bankruptcy, is also called a ‘liquidation’…

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When bankruptcy is over

credit after bankruptcy

Your bankruptcy is over when your case is closed, generally soon after you get a discharge. A discharge is when you are no longer legally obligated to pay your debts. When bankruptcy is over, if creditors keep calling you and trying to collect from you, that is a serious violation of the bankruptcy code. However,…

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Bankruptcy versus short sale

First thing to understand, a short sale is when a homeowner, through the approval of their bank or mortgage lender, sells their home for less than what they owe on the mortgage. Potential home buyers must make a short sale offer, and homeowners then communicate this offer to the bank by applying for short sale…

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