What is the Automatic Stay in Bankruptcy?

What is the Automatic Stay in Bankruptcy?

The United States Bankruptcy Code has a provision that automatically halts almost all collection actions against a debtor who files for bankruptcy under any chapter of the code, including under Chapter 7 and Chapter 13. Chapter 7 bankruptcy is known as liquidation...
What Should I Do if I Receive a Foreclosure Notice?

What Should I Do if I Receive a Foreclosure Notice?

You can immediately take numerous steps to stave off foreclosure should you receive a foreclosure notice. Losing your home is not inevitable—especially if you immediately contact a foreclosure defense law firm that can help you identify your options and determine...
Do Not Ignore a Repossession Warning

Do Not Ignore a Repossession Warning

For most people, vehicles are essential to their livelihoods. You use your car to get to work, run errands, take your children to school or activities, and for all of the million and one things that make up your daily life. Losing your vehicle can make all of these...
Bankruptcy Can Lead to a Better Life

Bankruptcy Can Lead to a Better Life

For many, filing for bankruptcy can seem like a sign of complete financial ruin. This pervasive idea should come as no surprise since filing for bankruptcy continues to carry with it a negative connotation. This idea persists even though, in 2016, almost 800,000...
Keep Your Home by Filing Chapter 13

Keep Your Home by Filing Chapter 13

Many people consider bankruptcy taboo despite the frequency in which Americans file for bankruptcy each year. Bankruptcy is anything but taboo. In fact, bankruptcy is quite the opposite—it is an alternative that allows filers to repay creditors while improving their...
Problems with Private Student Loans

Problems with Private Student Loans

Students at different levels of higher education take out loans—whether federal, private or both—to finance their schooling. Students see the money borrowed from loans as investments in their futures as well as in their future earnings. However, sometimes students are...
FAQ about Chapter 7 Bankruptcy in Utah – Part 1

FAQ about Chapter 7 Bankruptcy in Utah – Part 1

While Chapter 7 bankruptcy1 helps hundreds of thousands of people eliminate debt and obtain financial freedom each year, many people still have significant misconceptions about bankruptcy and what it can and cannot do. Here are some answers to some of the most...
Owning a Home After Foreclosure

Owning a Home After Foreclosure

No one ever plans to go into foreclosure when they purchase their home. But when unexpected financial troubles lead to foreclosure, most homeowners wonder if they will ever be able to own a home again. The good news is that foreclosure is not a real estate death...