Understanding Repossession
When you get a loan to make a large purchase – such as a car, house, or furniture – included in the loan papers is
November 1, 2012
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
In chapter 13, unlike chapter 7, the goal is to allow the debtor enough time to repay debts, usually with smaller payments than in prior
As soon as the chapter 13 bankruptcy is filed, all collection actions by creditors are effectively stopped, while the case is reviewed. This includes wage
In order to prepare to file a chapter 13 bankruptcy, the debtor must begin by gathering together several documents. These items will be presented with