People and businesses who have experienced a tragic financial crisis are able to get help. These individuals or organizations can be relieved of their debt as well as starting over with a clean slate. Bankruptcy can allow entities to reorganize and rebuild without...
At some point in all of our lives, we will have some sort of financial problems. However, nothing beats the overwhelming process of bankruptcy and hiring an Ogden bankruptcy attorney can help. Even though there is a very negative association with bankruptcy, the...
One of the first questions you’ll have to ask when it comes to divorce is, Do I need an Ogden Divorce Lawyer? It’s not an easy question to answer. Most likely it will depend on what state you live in and your particular situation. Overall, the less you have to rely on...
So you have filed for bankruptcy. You have reaped the benefits of your decision. You are no longer in bankruptcy and you are finally able to start fresh. What happens now? Is it possible to “bounce back” or “repair your finances?” For how long will your credit score...
You may hear the term ‘disposable income’ thrown around by your Draper bankruptcy attorney during the course of your preparation and filing for bankruptcy. It is potentially confusing; if you had disposable income, why would you file for bankruptcy in the first place?...
The threat of foreclosure can be devastating. What happens now? What will we do if we lose our home? Where else can we live? What can we do to save our home? These questions may seem daunting at first, but if your financial situation is dire, bankruptcy may be your...
Very soon after making the decision to file for bankruptcy, you must decide which type of bankruptcy you would like to file. In some cases, this may seem like a no-brainer; people with no income or those in massive debt should file a Chapter 7. For those who are in...
When most people think of bankruptcy, they think of a Chapter 7. This is the type of bankruptcy that, using liquidation of assets, effectively cancels most debt. Though things like student loans and debts to the IRS are not wiped away, Chapter 7 bankruptcy is the...
As you may already know, an individual — or a jointly filing couple — has access to two different types of bankruptcy. These bankruptcy types, called ‘chapters,’ are wildly different in execution. While the general goal of both types of bankruptcy is to get on top of...
One of the most common concerns expressed by potential clients is whether or not a Chapter 7 will ruin one’s credit. While the answer is no, it will not ruin one’s credit, it does have an effect. Your decision to file a 7 may depend on whether or not the effects are...