Bankruptcy- What Property Can You Keep in a Chapter 7?
Chapter 7 bankruptcy could also be known as liquidation, or straight bankruptcy. It requires the court to appoint a trustee. Who then takes your assets, sells them, and distributes the money to creditors who have filed the proper claims. They cannot receive payment without correct claims filed. Being the most common type of bankruptcy filed in the U.S., chapter 7 is still complex.
Planning for Incapacity In Southern Utah: Benefits of Setting up an Estate Plan before Dementia or Alzheimer’s Sets In
Planning for Incapacity In Southern Utah Most people don’t know the importance of setting up an estate plan in Southern Utah, also referred to as an incapacity plan. When such people are asked, they give predictable answers, such as “to avoid probate and taxes,” “to...
The Importance of Obtaining Title Insurance When Purchasing a Home
If you recently bought a home, you may be considering title insurance. Title Insurance protects you from taking a financial downfall triggered by property ownership issues. Believe it or not, someone may have a legal right to the home you’re in. So let’s take a closer...