Filing for bankruptcy is often the best solution to the problem of unmanageable debt, but what happens afterward? It is important to be able to heal your financial situation in order to avoid filing for bankruptcy again. There are a few things you can do to help yourself regain a healthy financial status; all you […]
BENEFITS OF FILING FOR BANKRUPTCY
Filing for bankruptcy, even when it seems to be the most logical course of action, can be a difficult decision to make. There are many reasons for a person to be worried about the negative consequences of filing for bankruptcy, most of which are secondhand exaggerations and misinformation, and in the face of all the […]
FILING FOR BANKRUPTCY MORE THAN ONCE
If you have ever filed bankruptcy, you probably remember how it works. However, many people wonder if filing more than once is an option. There are many reasons to file more than once: you may have accrued more debt during your bankruptcy, you may have fallen behind on new payments, or you may have had […]
WHEN TO FILE BANKRUPTCY
If you have found yourself overwhelmed every time you think about your debt level, it is likely that you have considered filing for bankruptcy. If you are like many other people, you have probably wondered if filing is really worth it: what will it do to your credit score? Isn’t there a way to simply […]
HOW TO CHOOSE A BANKRUPTCY ATTORNEY
Once you have decided that bankruptcy is your best option, it is time to choose an attorney to represent you. This may seem like a daunting task; after all, there are hundreds of options available and every attorney’s website makes that attorney sound like the best lawyer in the world. If you are confused or […]
HOW BANKRUPTCY WORKS
If you have decided to file bankruptcy, or even if you’re just considering the idea, you probably have a lot of questions. There is a lot of incorrect information floating around that can actually make bankruptcy seem like something it isn’t, and many people get an entirely different impression based on that information. The truth […]
HOW LONG DOES A UTAH BANKRUPTCY LAST?
You may have recently heard the term “in bankruptcy.” The way it’s used implies that bankruptcy is not just an action, but rather a condition or state of living. What does this mean? More importantly, what does this mean for you? The term itself refers to the amount of time your bankruptcy is an open […]
UTAH CHAPTER 7 BANKRUPTCY AND STUDENT LOANS
One of the most crushing and difficult debts one can accrue is student loan debt. It builds up quickly and can — and usually does — persist well into old age. You may already be aware that as a general rule, student loan debts cannot be discharged in either a Chapter 7 or a Chapter […]