Utah Bankruptcy Inc Information

No. There is no minimum amount of debt required for an individual to file a bankruptcy. The ability to pay back debt is completely relative. I may have a client whose debt only totals $4,000, but yet he has no source of income. I may also have a client whose debt totals $100,000. Yet the

If you have gotten behind on your mortgage payments and fear that you may lose your home to a foreclosure, filing for bankruptcy may help. In many situations, filing a Chapter 7 bankruptcy can give you some more time to move or sell your house. If you want to avoid foreclosure and keep your home,

Filing for bankruptcy is an important step for people who are overwhelmed by debt. Credit card debt is often the culprit, and both Chapter 7 and Chapter 13 bankruptcies can help to rid your life of these burdens. However, do you know what happens if you are current on payments or if you have a

Five Things You Shouldn’t Do Right Before Filing for Bankruptcy: If you are considering filing for bankruptcy, there are certain actions that you should avoid in the months and years leading up to your filing. It is also recommended that you meet with an attorney if you are considering bankruptcy, as legal representation can help

If you are thinking about filing for Chapter 7 bankruptcy, it is important to understand how this move might impact your ability to keep your tax refund. By considering the timing of your refund and bankruptcy filing, you can keep as much of your refund as possible. Tax Refunds as Part of Your Bankruptcy Estate

Your decision to file for bankruptcy extends further than just affecting your life, especially if you have cosigners on some of your debts. Find out how Chapter 7 and Chapter 13 bankruptcy will affect the repayment obligation of your cosigners and the steps that you can take to protect them. Chapter 7 Bankruptcy In a