Filing bankruptcy is a big decision. What you do after you file bankruptcy is very important. Getting into a home is a life long goal for many people. You sometimes need a little bit of help to know whot to do after a bankruptcy to achive your finacial goals. Thats what we try and help clients achieve. Thats why I wrote the book LIFE AFTER BANKRUPTCY: The Game Plan to Rebuild, Restore and Renew Your Credit After Bankruptcy!
Tag: utah bankruptcy lawyer
Is Utah bankruptcy honest?
The Utah bankruptcy process is considered honest because it allows debtors to face their financial problems head-on, while also providing a way for creditors to be repaid to the extent possible.
What is Chapter 9 Bankruptcy?
It is worth noting that Chapter 9 bankruptcies are relatively rare compared to other types of bankruptcies, and that most municipalities prefer to avoid bankruptcy if at all possible.
Reverse Mortgage: Utah Bankruptcy
If a homeowner with a reverse mortgage is facing financial difficulties and is considering bankruptcy, there are several factors to consider.
EIDL Loan: Utah Bankruptcy
The treatment of the EIDL loan in a Utah bankruptcy will depend on several factors, including the type of bankruptcy you file (Chapter 7 or Chapter 13), the amount of the loan, and the terms of the loan.
Discharge: Utah Bankruptcy
It’s important to note that the Utah bankruptcy discharge is not automatic and there are specific requirements that must be met in order to obtain it.
Work Tools: Utah Bankruptcy
Whether you will lose your work tools if you file for bankruptcy in Utah depends on the type of bankruptcy you file and the value of your tools.
Why isn’t bankruptcy free?
Utah bankruptcy lawyers charge fees for their services, which typically include preparing and filing the bankruptcy petition, representing you in court, and providing legal advice throughout the process.
Chapter 7 Bankruptcy vs Chapter 13 Bankruptcy
Chapter 7 and Chapter 13 are two types of consumer bankruptcy under U.S. law. Both are designed to help individuals struggling with debt to either eliminate or reorganize their debt. The main differences between the two are outlined below.
Medical Debt Utah Bankruptcy
41% of Americans have medical debt; 6% of adults owe more than $1,000 worth of medical debt; 1% owe more than $10,000. Medical debt in Utah is a significant financial issue for many people. Utah medical bankruptcy may help.