Archive for the ‘Utah Bankruptcy Attorney Blog’ Category

Tweeta0aa9cc09f8def1be2b330c6f0dbaac2 Keep Your Tax Return Historically in the months of October, November, and December the amount of bankruptcy filings in Utah decrease.  The reason for this is because tax return season begins in January and if a bankruptcy is pending when your tax return comes back the bankruptcy trustee will confiscate the entire return and [...]

Tweet3bbffb417c834793ffc9382d3dc57a8e UT BK Lawyer Europe’s debt woes is troubling the financial markets across the world including right here in Utah.  It is amazing how financial problems in countries half way across the world can affect Utah. So what’s happening in Europe?  Several nations including Greece, Italy, Spain and others spent way too much for way [...]

Tweetc78e1b6bac52c014f85c77be7f163433 Utah Bankruptcy Rate Rises As National Rate Falls A recent news story revealed some very interesting facts about bankruptcy filings in Utah. While the overall national trend this year has been a decline in bankruptcy filings, Utah bankruptcies are on the rise. Utah is normally pretty close to the national trend when it comes [...]

Tweetdacd4ca347d40afad11af511d3a85278 A Utah bankruptcy is the best option for many people who are struggling and able to meet their financial obligations each month. Filing for a Chapter 7 or Chapter 13 bankruptcy in Utah bankruptcy court can help a debtor get back on their feet financial and in some cases prevent foreclosure or repossession of [...]

Tweet981c10c83d566a770e77da24daf66faf The economy is ailing.  It has been for a long time.  The unemployment rate remains steadily above 9% and there is no indication that that is going to change any time soon. As a result of the economic problems our country has been facing for the last several years, bankruptcy filings are very high.  [...]

Tweet532fec0ea1b7acb32c677cbc1511bb18 Historic Franchise Hits Financial Low Point Yesterday it hit national news that the Los Angeles Dodgers were filing for bankruptcy protection in a Delaware court. The franchise’s financial woes have been highly publicized and the team’s owner Frank McCourt has made a last ditch effort to keep control of the franchise and find a [...]

Tweete1031cee828633cea7112e20ae34c706 Utah Bankruptcy Attorney – Salt Lake City, Provo A new report out this past week indicates Utah is the 4th leading state in the nation when it comes to the number of home foreclosures. Not surprisingly, many individuals in Salt Lake City, Provo, and throughout the Wasatch front are turning to bankruptcy as a [...]

Tweeta7b5d53d7b3697e2ba7e33c1fd2f7907 Foreclosed Homes Driving Home Sales in Utah This week a report showed that one out of every five home sales last year was a foreclosure.  Utah’s foreclosure rates are not as high as other states like Nevada and Arizona, but 20% is well above the typical 1% to 5% foreclosure rate in a normal [...]

Tweet89d9915e5a5a552996bdca8cf277f577 Utah Bankruptcy Attorney – Salt Lake City, Provo News stories across the country indicate that foreclosures in many states, including Utah will rise substantially in January. According to a recent story by National Public Radio, the many reasons keeping foreclosures down over the holidays are no longer restraining the banks from foreclosures. Indeed, over the [...]

Tweete8b8cba6422ab781194328de09dc3b6b Assessing Your Debt | Is it time to take action? If you have been struggling to make ends meet, if you are not paying your bills, if you are living pay check to pay check, it is time for an honest, objective, assessment of your debt. A Utah bankruptcy attorney at Salcido Law Firm [...]