Bankruptcy Provides Automatic Stay
Bankruptcy is an important tool in debt relief, especially for those being negatively impacted by debt collection efforts. Lawsuits, judgments, wage garnishments and repossessions are
November 14, 2012
Bankruptcy is an important tool in debt relief, especially for those being negatively impacted by debt collection efforts. Lawsuits, judgments, wage garnishments and repossessions are
In this difficult economy, many individuals find themselves in a perilous financial situation. Filing bankruptcy can provide financial relief for those whose debt has become
A levy is a legal seizure of your property to satisfy a debt. Levies are one method that the IRS uses to collect back taxes.
When you get a loan to make a large purchase – such as a car, house, or furniture – included in the loan papers is
Creditors can be very aggressive in their efforts to collect overdue debts. Often the original creditor sells the debt to a debt collector who receives
One of the biggest fears many people have when facing financial difficulties is the risk of losing a home. If a homeowner does not pay
Over the past few years, bankruptcy filings in both Utah and the United States have risen due to the recent economic downturn. As consumers have
The purpose of bankruptcy is to help a person obtain relief from debts that they are unable to pay. However, there are certain debts which
There are two major types of debt: secured and unsecured. Knowing the difference can be important in managing your finances and prioritizing your debts. They
Though many people assume that bankruptcy is caused by uncontrolled spending or poor financial habits, studies have shown that this is not true. The majority