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?
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 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