Bankruptcy

You may have heard that after filing for bankruptcy, you will never get credit again. Bankruptcy does damage your credit score in the beginning and stay on your credit report for at least 10 years, but you are not limited to a cash-only existence for the foreseeable future. The truth is that many people go

Although adversary proceedings are a potential part of any bankruptcy case, they are entirely separate processes. Simply put, an adversary proceeding is a lawsuit that arises when a complaint is filed during your bankruptcy case. Such an action can be initiated by the debtor, the trustee, and / or one of the creditors. Debtor Filings

When you first bought your home, the thought of losing it to foreclosure was likely the last thing on your mind. With the exception of those who intentionally commit mortgage fraud, homeowners facing the imminent loss of their home have been brought to that point by extenuating circumstances such as: Job loss Sudden illness of

When you file for bankruptcy in Utah, you naturally want to keep as many of your assets as the law permits. Utah has bankruptcy exemptions that protect certain property and/or let you keep assets up to a certain dollar amount. The exemption rules available to you will vary depending on which chapter you file. With

One method that creditors use to collect an unpaid debt from you is to garnish your wages. Depending on the circumstances and amount owed, you can lose up to 25% of your total paycheck. With some debts, such as child support, up to 60% can be taken. But no matter how much they have been

When illness strikes or jobs are lost, even the most financially responsible individuals can find themselves dealing with aggressive bill collectors. These collection agents use profane or obscene language, call you at work after you tell them to stop, and wake you up in the middle of the night with their calls. Is any of

If you’re experiencing serious financial difficulties, declaring bankruptcy may be the best option for you to wipe the slate clean and get a fresh start. To ensure that it is the right decision for you, there are four questions you should ask yourself before scheduling a meeting with a bankruptcy attorney.  Will all my debts

Chapter 7 bankruptcy is usually more desirable than Chapter 13 bankruptcy to the financially distressed, as there are no payments involved and it allows them to get rid of more debt faster. But not everyone is eligible for Chapter 7. Those making more than a certain amount will have to pass a means test to