Why is liquidation a possibility when dealing with bankruptcy?
Dealing with bankruptcy can be a daunting and stressful process for individuals and businesses alike. One of the options that may be available is liquidation. Liquidation is the process of selling off a debtor’s assets to pay off their debts. If you are...
Utah Bankruptcy Attorney in St. George Utah
If you are a Southern Utah resident in need for a Utah bankruptcy attorney, Ruesch & Reeve can help. Financial hardships can be difficult on you and your family, whether it be a loss of a business or a job, a divorce, disability or just a lack of proper financial...
Bankruptcy – Can Someone Get Rid of Tax Debt Through Chapter 7?
While the majority of taxes cannot be eliminated through bankruptcy, some can. The bankruptcy experts at Ruesch and Reeve Law in Hurricane, Utah can examine your case to see if your tax debt can be eliminated. In Chapter 7, almost all of a debtor’s debts are...
Bankruptcy – Can You Discharge Student Loan Debt?
Can you discharge a student loan through bankruptcy? Although it’s not the easiest process, yes, it is definitely possible. To either discharge federal, or private student loans in court you have to prove undue hardship. Considering the statistic that about 4 out of...
Bankruptcy In The Time of Covid-19
uring the COVID-19 crisis, the unemployment rate has skyrocketed to almost a new record high at over 14%. With the closing of non-essential businesses, companies are having no choice but to lay off their workers. Leading to personal financial crises within families all across the nation. Knowing if or when it’s time to file for bankruptcy is important in this time of crisis. Ruesch and Reeve Law are here to break down the facts and support you during this overwhelming financial loss.