Debt And Marriage: When Do I Owe My Spouse’s Debts? Whether you and your spouse are responsible for paying each other’s debts will depend primarily on where you live. If your state follows common law property rules, spouses are only liable for their own debts, with a few exceptions. For instance, both spouses must pay… Continue reading Debt And Marriage: When Do I Owe My Spouse’s Debts?
Can You Sell A Home In Foreclosure? A foreclosure takes place when a home is seized and put up for sale by the lender. When you see a home listed as foreclosed, it means that it’s owned by the lender. Every mortgage contract has a lien on your property. A lien allows your lender to… Continue reading Can You Sell A Home In Foreclosure?
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?
Can I Bankrupt Car Title Loans? All loans come with risks if they’re not repaid on time. However, a car title loan carries an especially troubling consequence if you fail to meet your payment obligations: The lender can take your vehicle. Before you consider getting a title loan, consider the potential potholes you’ll hit if… Continue reading Can I Bankrupt Car Title Loans?
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 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
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
Pre-Negotations Of Real Estate Loans A pre-negotiation letter establishes the framework for the parties to discuss either a loan modification, loan workout, or some other option. It is commonly entered into if the borrower requests a loan workout or forbearance following one or more default notices but before the start of formal enforcement proceedings. This… Continue reading Pre-Negotations Of Real Estate Loans