Articles by Craig Helgesen

How to fix your credit after a bankruptcy

No one takes the decision to file for bankruptcy lightly. Many people who do so have already exhausted all other financial avenues. Many people who file for bankruptcy end up wondering, “how do I fix my credit?” or “will I ever be able to buy a home?”While fixing your credit after a bankruptcy seems daunting, [...]

By |2020-07-06T17:41:34+00:00July 7th, 2020|Bankruptcy|0 Comments

Understanding divorce in Utah

The decision to get a divorce is never an easy one. Most people do not even begin to consider it as a possibility until they have tried every other option they can think of to save their marriage. A divorce can be a lengthy process that is both emotionally and financially strenuous. This article will [...]

By |2020-05-14T20:11:51+00:00May 18th, 2020|Family Law|0 Comments

What is an annulment?

An annulment is the process of legally erasing a marriage. By law, the marriage will be considered as though it never happened.  The legal significance of vacating or canceling the marriage is the difference between an annulment and a divorce. What are the grounds for annulment in Utah? Not every marriage can be annulled.  There [...]

By |2020-03-27T17:09:45+00:00February 26th, 2020|Family Law|0 Comments

How can you wipe out student loan debt?

Most people believe student loans cannot be wiped out (“discharged”) in bankruptcy. Federal laws have made this difficult, but not impossible. Student loans can be discharged if repaying the loan is an “undue hardship.” The Undue Hardship Exception For your student loans to be wiped out in bankruptcy, we must prove it would be undue [...]

By |2019-11-22T20:57:12+00:00April 11th, 2018|Bankruptcy|0 Comments

How bankruptcy stops your creditors: The automatic stay

After you file for bankruptcy, the automatic stay offers potent legal protection against bill collectors. When you file for bankruptcy, something called the automatic stay immediately stops any lawsuit filed against you and most actions against your property by a creditor, collection agency, or government entity. Especially if you are at risk of being evicted, being foreclosed [...]

By |2019-11-05T18:38:54+00:00April 11th, 2018|Bankruptcy|0 Comments

What is the difference between a chapter 7 and chapter 13 bankruptcy?

What exactly is bankruptcy? Will it wipe out all my debts? Bankruptcy is a federal court process designed to help consumers and businesses eliminate their debts or repay them under the protection of the bankruptcy court. Bankruptcies can generally be described as “liquidation” (Chapter 7) or “reorganization” (Chapter 13). Under a Chapter 7 bankruptcy, you [...]

By |2019-10-29T19:03:56+00:00April 11th, 2018|Bankruptcy|0 Comments

Should I file bankruptcy now or wait?

Wise timing of your bankruptcy filing may have a significant impact on your future. While you may have pressing reasons to consider filing for bankruptcy now, in some situations you may want to wait to file, even if you are eligible for Chapter 7 bankruptcy. If you face an immediate problem that bankruptcy can at least temporarily [...]

By |2019-10-29T18:58:27+00:00April 11th, 2018|Bankruptcy|0 Comments

How do I improve my credit after bankruptcy?

QUESTION: I filed for Chapter 7 bankruptcy seven years ago. I’ve been told that it takes ten years for a Chapter 7 to “fall off” your record. Is there anything I can do in the meantime to get a lower rate on my car loan and credit cards? ANSWER: There are many things you can do [...]

By |2019-10-29T18:55:27+00:00April 11th, 2018|Bankruptcy|0 Comments

10 things you should know about filing bankruptcy in Utah

1. The U.S. Constitution has a Bankruptcy Clause (Article I, Section 8, Clause 4.) Our founding fathers rejected the idea of debtors’ prisons and saw freedom in a fresh financial start. 2.  Bankruptcy stops harassment from creditors the day you file. 3.  Chapter 7 of the U. S. Bankruptcy Code allows a complete discharge [...]

By |2019-10-15T16:06:53+00:00April 11th, 2018|Bankruptcy|0 Comments
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