Chapter 13 Bankruptcy Utah Many people think of bankruptcy court as the final stop on a path to financial ruin, the only option left when repaying debts seems impossible. But there’s hope even in bankruptcy, and Chapter 13 of the federal bankruptcy code offers the closest thing to a soft landing. Chapter 13 allows those… Continue reading Chapter 13 Bankruptcy Utah
Chapter 12 Bankruptcy For Farmers And Fishermen Chapter 12 bankruptcy is a relatively new addition to bankruptcy laws. It allows “family farmers” and “family fisherman” to restructure their finances and avoid liquidation or foreclosure. It’s very similar to Chapter 13 bankruptcy, but provides additional benefits to debtors. For much of our nation’s history, there were… Continue reading Chapter 12 Bankruptcy For Farmers And Fishermen
Can I Keep My Credit Cards If I File Bankruptcy? If you file for Chapter 7 bankruptcy and are hoping to hang onto one of your credit cards, you will likely be out of luck. Once your credit card company learns of your bankruptcy, it will almost certainly cancel your card. But all is not… Continue reading Can I Keep My Credit Cards If I File Bankruptcy?
Bankruptcy Chapter 13 Bankruptcy is a federal court process designed to eliminate debts or repay them under the protection of the bankruptcy court. For individuals, most people file either Chapter 7 or Chapter 13, because a court order can call an automatic stay, prohibiting most creditors from hounding you in order to collect what you… Continue reading Bankruptcy Chapter 13
Bankruptcy In Utah If you are struggling with debt, bankruptcy might be a good option. But before you file for Chapter 7 or Chapter 13 bankruptcy, explore alternatives to bankruptcy. In some situations, a non-bankruptcy course of action may be your best remedy. If your main concern is that creditors are harassing you, bankruptcy is… Continue reading Bankruptcy In Utah
Bankruptcy Case: Dismissed Without Prejudice A bankruptcy dismissal happens when something goes wrong and the bankruptcy court rejects your case. There are many reasons this can happen and many consequences. The word “dismiss” shouldn’t be confused with discharge, which is when certain debts are eliminated. Instead, dismissal means that the bankruptcy case has been thrown… Continue reading Bankruptcy Case: Dismissed Without Prejudice
Bankruptcy Chapter 11 Chapter 11 bankruptcy is designed to allow struggling businesses to restructure their finances and maximize the return to their creditors and owners. Businesses turn to Chapter 11 bankruptcy when pinched financially, often due to a temporary downturn. It can help a viable business keep the doors open long enough to regroup and… Continue reading Bankruptcy Chapter 11
Bankruptcy V.S. Doing Nothing If you’re struggling with debt, filing for bankruptcy can be a good way to get your finances back on track. But not everyone needs to start a bankruptcy case right away. Whether you should file for bankruptcy or do nothing will depend on whether you’re vulnerable to creditors. In some cases,… Continue reading Bankruptcy V.S. Doing Nothing
Bankruptcy Attorneys Utah Reasons Hiring Bankruptcy Attorneys Can Actually Be A Good Thing They Know Which Chapter Is Better for You There are two different types of bankruptcies, which are referred to as Chapter 7 and Chapter 13. There are benefits and drawbacks to each type, and without the council of a bankruptcy lawyer, you… Continue reading Bankruptcy Attorneys Utah
Automobile Repossessions- How To Get Your Car Back Typically, when you purchase a new vehicle you take out a loan to pay for part or all of it. At that time, you signed an agreement with the lender to get a loan which holds you legally accountable for making monthly payments on the vehicle. If… Continue reading Automobile Repossessions- How To Get Your Car Back
