Recent Posts in Chapter 7 Bankruptcy Category
Posted on Sep 15, 2010 By Stone Law Firm
In Atlanta, Republican candidate Nathan Deal recently addressed his financial issues that left him with $2 million in debt. Despite his large amount of debt, Deal said he refuses to file for ...
Continue reading "Atlanta Republican Cadidate Says He Will not File for Bankruptcy" »
Posted on Sep 8, 2010 By Stone Law Firm
This past year, the Administrative Office of U.S. Court reported that bankruptcy filings in the country increased by 20%. Between June 2009 and June 2010, 1.5 million people filed for bankruptcy. Last ...
Continue reading "Bankruptcy Filings Increase by 20% in the U.S. in 2010" »
Posted on Sep 1, 2010 By Stone Law Firm
This week, multiple news sources are stating that Teresa Giudice (of the Housewives of New Jersey) and her husband Joe are in a lot of trouble. Earlier this year, the couple filed for bankruptcy and ...
Continue reading "Giudices in More Trouble over Bankruptcy Filing" »
Posted on Aug 25, 2010 By Stone Law Firm
When people file for Chapter 7 or Chapter 13 bankruptcy , there are great benefits, but there are also several consequences. For example, when people file for consumer bankruptcy it will appear on ...
Continue reading "Important Post Bankruptcy Steps" »
Posted on Aug 19, 2010 By Stone Law Firm
This Monday, court documents revealed that days after filing for Chapter 7 bankruptcy last year, star of The Real Housewives of New Jersey Teresa Giudice spent $60,000 on high-end furniture. At this ...
Continue reading "Giudices Spent Thousands After Filing for Bankruptcy" »
Posted on Aug 12, 2010 By Stone Law Firm
After filing for Chapter 7 or Chapter 13 bankruptcy, people will have to take additional measures to rebuild their credit scores. Once people have filed for bankruptcy, it will appear on their credit ...
Continue reading "Take Steps to Repair Your Credit after Bankruptcy" »
Posted on Aug 4, 2010 By Stone Law Firm
This week, it was announced that the number of consumer bankruptcies filed in the state of Utah has increased by 31% compared to 2009. In the first six months of 2010, 8,942 people in Utah filed for ...
Continue reading "Utah Bankruptcies on the Rise" »
Posted on Jul 29, 2010 By Stone Law Firm
Most people do not realize that student loans are not dischargeable under Chapter 7 or Chapter 13 bankruptcy . Only unsecured debt, like credit card debt, is dischargeable. Student loans are ...
Continue reading "Bankruptcy and Student Loan Debt" »
Posted on Jul 28, 2010 By Stone Law Firm
When people file for Chapter 7 or Chapter 13 bankruptcy in Utah, they will be responsible for fulfilling paperwork production requirements. These requirements are outlined by Section 521 (a)(1)(B) and ...
Continue reading "Required Bankruptcy Documentation" »
Posted on Jul 22, 2010 By Stone Law Firm
Before people can file for Chapter 7 bankruptcy or Chapter 13 bankruptcy , they must complete credit counseling as it is mandatory requirement in the United States. Below, our firm addresses some ...
Continue reading "Credit Counseling FAQ" »
Posted on Jul 21, 2010 By Stone Law Firm
Generally, people choose to file for Chapter 7 bankruptcy when they realize that they cannot keep up with their debt. People who consider Chapter 7 usually know that they cannot afford to repay the ...
Continue reading "Why Do People Choose to File for Chapter 7?" »
Posted on Jul 8, 2010 By Stone Law Firm
Anytime people plan to file for Chapter 7 in Utah or any other state, they will have to take the means test to determine if they meet bankruptcy eligibility requirements. If you would like to know ...
Continue reading "At Home Means Test" »
Posted on Jul 7, 2010 By Stone Law Firm
Are you planning to file for Chapter 7 or Chapter 13 ? If so, you should not borrow money against your home to pay off your debt or consolidate debt. In the past, people thought this was a good idea, ...
Continue reading "Bankruptcy and Borrowing Money against Your Home" »
Posted on Jun 30, 2010 By Stone Law Firm
According to 11 U.S.C. 362, when a person files a bankruptcy case under any chapter of the Bankruptcy Code, it will trigger an injunction (stay) against the person's creditors. This means that the ...
Continue reading "Bankruptcy Automatic Stays Explained" »
Posted on Jun 24, 2010 By Stone Law Firm
In Utah, it is reported that former House Majority Leader Kevin Garn was listed as a creditor in an individual's bankruptcy petition. The woman filing for chapter 7 asserts that she was paid by Garn ...
Continue reading "Utah House Majority Leader Listed as Creditor in Bankruptcy Petition" »
Posted on Jun 23, 2010 By Stone Law Firm
When people are about to file for consumer bankruptcy, they have many concerns. Often times, these concerns can be addressed and dealt with when people meet with a Salt Lake City bankruptcy lawyer . ...
Continue reading "Common Bankruptcy Concerns" »
Posted on Jun 12, 2010 By Stone Law Firm
If you watch the Real Housewives f New Jersey, you know who Teresa Giudice is and that she likes to lead an extravagant life. However, this week, multiple news sources revealed that the housewife and ...
Continue reading "Teresa Giudice Addresses Chapter 7 Bankruptcy Filing" »
Posted on Jun 11, 2010 By Stone Law Firm
One common issue that people have to deal with when they have credit card debt is creditor harassment. While not all people will be harassed by their creditors or collection agencies when they owe ...
Continue reading "Credit Card Debt & Creditor Harassment" »
Posted on Jun 3, 2010 By Stone Law Firm
Welcome to Part Two of Having a Life After Bankruptcy. If you missed, be sure to check out Having a Life After Bankruptcy Part One . After you have filed for bankruptcy, here are more rules to follow: ...
Continue reading "Having a Life after Bankruptcy Part Two" »
Posted on Jun 2, 2010 By Stone Law Firm
One of the many things that people do not fully understand before they file for Chapter 7 or Chapter 13 is that there really is life after bankruptcy. In fact, Utah bankruptcy can present people with ...
Continue reading "Having a Life after Bankruptcy Part One" »
Posted on May 27, 2010 By Stone Law Firm
If you are thinking about filing for bankruptcy in Salt Lake City, Utah, it is important that you know that not all of your debts will be discharged. Generally, if you file for Chapter 7 , you cannot ...
Continue reading " Will Filing for Bankruptcy Eliminate All Debts?" »
Posted on May 26, 2010 By Stone Law Firm
When people are about to file for bankruptcy, they will have to decide between Chapter 7 and Chapter 13. Generally speaking, those who file for Chapter 7 bankruptcy have their debts discharged and ...
Continue reading "What Type of Bankruptcy is Right for You" »
Posted on May 20, 2010 By Stone Law Firm
With more and more people having to file for consumer bankruptcy in the state of Utah, it is important that people understand the differences between Chapter 7 and Chapter 13. Below, the Stone Law ...
Continue reading " The Difference between Chapter 7 and Chapter 13" »