Justin M. Myers, Attorney-at-Law, LLC
Justin M Myers attorney specializing in bankruptcy chapter 7 and chapter 13 located in Salt Lake City.
Justin Myers - The Basics of Chapter 12 Bankruptcy - Justin M. Myers. Posted by: admin | On Jun 09, 2017 When you hear the term “bankruptcy” what do you think of?
Most people picture a family being forced out of their home with a BANKRUPTCY sticker on the door, advertising to the whole world you have lost your assets. Or they picture an empty mom-and-pop establishment with no customers and “mom” crying her eyes out at the thought of losing their business and possibly their home. Bankruptcy and Foreclosure - JUSTIN M MYERS. Posted by: admin | On Jun 03, 2017 You work your butt off, pay your bills on time, do everything you’re supposed to do — but you still don’t have enough money to make ends meet.
You literally are living paycheck to paycheck with no end in sight. Salt Lake City Bankruptcy Exemptions Attorney - Bankruptcy Lawyer Utah. There are many myths about filing for bankruptcy.
One of the most common misconceptions about bankruptcy is that you are going to lose everything you own and be left on the street with nothing. This could not be further from the truth. The purpose of bankruptcy law is to give you the opportunity to get out from under the burden of unmanageable debt so you can get a fresh start and live a normal life. Salt Lake City bankruptcy exemptions attorney Justin M. The Bankruptcy is Filed...Now What? - JUSTIN M MYERS. Salt Lake City Creditor Negotiations Attorney. Debt can happen to even the most responsible people.
Countless people throughout Utah require a loan to purchase a home or car. But it only takes one major financial setback to place anyone in debt. When a lender loans you money and you owe payments in return, you are in a relationship with the lender. While each party is looking out for his or her own interests, there is give and take as in any relationship. Why would a lender be willing to negotiate the debt you owe? The Basics of Chapter 12 Bankruptcy. Posted by: admin | On May 19, 2017 When you hear the term “bankruptcy” what do you think of?
Most people picture a family being forced out of their home with a BANKRUPTCY sticker on the door, advertising to the whole world you have lost your assets. Or they picture an empty mom-and-pop establishment with no customers and “mom” crying her eyes out at the thought of losing their business and possibly their home. Financial literacy in Utah. Posted by: admin | On May 12, 2017 After Utah became one of the top states in the nation with a huge amount of bankruptcies being filed, teens were required to take a course on finances in order to graduate and fulfill state law.
Many people around the country praise the state’s efforts to educate young people on how to improve their finances. Salt Lake City Bankruptcy Attorney. Salt Lake City Chapter 13 Bankruptcy Attorney. Chapter 13 bankruptcy is very beneficial for a majority of our clients.
Because setting up a budget that demands complete frugality can cause much misery and is ultimately doomed to fail. Setting a budget that is reasonable often has a great chance of succeeding. The biggest benefit of Chapter 13 is that once you are done, you are done. After the three to five year period is finished and your payment plan is complete you will no longer have an obligation to your creditors. This is the best option for those who have a consistent income but still can’t get their heads above water in facing the debt. Helping Clients Find Debt Relief Solutions. Payless ShoeSource filing for Bankruptcy - Some locations in Utah closed - JUSTIN M MYERS.
Posted by: admin | On May 05, 2017 For those who grew up surrounded by places such as Blockbuster, Eckerd, and Kmart this alarming news may cause some sentimentality.
Yes, the place where you bought your Disney Princess or Spider-Man shoes is seeking Chapter 11 bankruptcy protection. Several Utah locations are already closing and about 400 stores nationwide and in Puerto Rico. With Amazon and E-bay taking over, and the increasing amount of companies and people selling online, retailers are just a thing of the past. Payless currently has over 4,400 stores in more than 30 countries. The Pros and Cons of Chapter 13 Bankruptcy. Posted by: admin | On Apr 28, 2017 It gets the creditors off your back Once you file for a Chapter 13 bankruptcy creditors are no longer allowed to call you.
The calls can be annoying at the very least, and downright harassing. Calls at 8 a.m. while you’re on your way to work, or at 7 p.m. while you’re with your family or having dinner is nothing short of a nuisance. Chapter 13 eliminates that. You can keep your property As long as payment is being made on the property that is causing the bankruptcy, the debtor is allowed to keep it. In a roundabout it looks better on your credit. Salt Lake City Chapter7 Bankruptcy Attorney. Chapter 7 bankruptcy can be a good option for people who have excessive amounts of unsecured debt and are finding it difficult to keep up with the minimum payments.
Unsecured debt is any debt that is not backed by any type of collateral. Examples of unsecured debt include credit cards and medical bills. One of the main advantages of filing for Chapter 7 bankruptcy in Salt Lake City is the relatively short time it takes to complete the process. Some Chapter 7 filings can be completed in as little as 120 days where a typical Chapter 13 filing can take up to five years.